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> Where do you bank? / Online banking
cmac
post Aug 31 2007, 01:57 PM
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I currently bank at Wells Fargo and am satisfied with that, but I have been hearing good things about banks that are online based.
For example, ING and etrade .
Looks like you can earn ~4% interest on savings and checking in some cases.
Anyone have any experience with this?


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jwttu
post Aug 31 2007, 02:40 PM
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(directed to impala)its important to have a savings for emergency expenses and to save for travel/small luxuries. If you have all your money in investments its hard to do with anything with it. Ideally you should have some liquid investments such as savings/MMAs

personally I use Capital One's MMA account. I get 5% APY which is pretty good and Capital One is a very stable bank.
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impala454
post Aug 31 2007, 02:55 PM
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QUOTE (jwttu @ Aug 31 2007, 03:40 PM) *
(directed to impala)its important to have a savings for emergency expenses and to save for travel/small luxuries. If you have all your money in investments its hard to do with anything with it. Ideally you should have some liquid investments such as savings/MMAs

personally I use Capital One's MMA account. I get 5% APY which is pretty good and Capital One is a very stable bank.

oh i agree you gotta have some rainy day/emergency cash, was just curious... i mean if you got 10-20k sitting around it's worth investing half or more into something that will get some better returns
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Posts in this topic
- cmac   Where do you bank? / Online banking   Aug 31 2007, 01:57 PM
- - Spectatrix   I've been using ING for savings for years (cur...   Aug 31 2007, 02:04 PM
- - cmac   that's the one i'm actually considering. ...   Aug 31 2007, 02:08 PM
|- - Spectatrix   QUOTE (cmac @ Aug 31 2007, 03:08 PM) that...   Aug 31 2007, 03:11 PM
- - 1up   Most physical banks have an online banking website...   Aug 31 2007, 02:10 PM
- - impala454   i use bank of america, my main likes are: 1. atms ...   Aug 31 2007, 02:11 PM
- - cmac   i have free online banking with wells fargo, i...   Aug 31 2007, 02:11 PM
- - impala454   you guys who are going after savings interest retu...   Aug 31 2007, 02:17 PM
- - cmac   i have a large amount of money in savings and then...   Aug 31 2007, 02:21 PM
- - lamont's lament   yeah, ING is really good BofA has a great online ...   Aug 31 2007, 02:23 PM
- - 1up   I don't know about you guys but I'm openin...   Aug 31 2007, 02:34 PM
|- - jwttu   QUOTE (1up @ Aug 31 2007, 03:34 PM) I don...   Aug 31 2007, 02:42 PM
- - jwttu   (directed to impala)its important to have a saving...   Aug 31 2007, 02:40 PM
|- - impala454   QUOTE (jwttu @ Aug 31 2007, 03:40 PM) (di...   Aug 31 2007, 02:55 PM
- - cmac   so do you just transfer most of your money from yo...   Aug 31 2007, 03:16 PM
- - Spectatrix   Yep. I typically keep my linked account at a bala...   Aug 31 2007, 03:28 PM
- - cmac   nice. i guess i'm not understanding what the ...   Aug 31 2007, 03:31 PM
- - Spectatrix   I think it's a cost-cutting measure. By requi...   Aug 31 2007, 03:49 PM
- - schwab   i currently have bank of america, wells fargo, cit...   Aug 31 2007, 04:37 PM
- - 1up   citibank, although owned by the illuminati is plea...   Aug 31 2007, 05:17 PM
- - Rocky   I do what Christine is talking about I believe - ...   Aug 31 2007, 05:28 PM
- - JRockTTU   I've got ING like everybody else. If you want...   Aug 31 2007, 05:53 PM
- - cmac   can i do checking and savings with ing? the info...   Aug 31 2007, 06:34 PM
|- - Spectatrix   QUOTE (cmac @ Aug 31 2007, 07:34 PM) can ...   Sep 1 2007, 07:34 AM
- - jwttu   you might want to check bankrate.com to see who ha...   Aug 31 2007, 06:38 PM
- - cmac   nevermind. figured it out.   Aug 31 2007, 06:48 PM
- - schwab   im telling you citibank...checking account for fre...   Aug 31 2007, 07:02 PM
- - fingercuffs   Wells Fargo   Aug 31 2007, 11:23 PM
- - Jessica   I have a money market account with Capital One tha...   Sep 1 2007, 02:45 PM
- - pebkac   I <3 ING Direct. Best part is that if you over...   Sep 1 2007, 04:08 PM


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