Go Back   MacRumors Forums > Mac Community > Community Discussion

Reply
 
Thread Tools Search this Thread Display Modes
Old Jan 3, 2013, 12:09 PM   #1
imaketouchtheme
macrumors 65816
 
imaketouchtheme's Avatar
 
Join Date: Dec 2007
Location: WV
Send a message via Skype™ to imaketouchtheme
Online Banking

Hey all,

I'm currently in the process of migrating my bank accounts from Chase Bank to Ally Bank. I have nothing against Chase, but I no longer get any type of benefit by banking with them. Ally has a 0.4% APY on CHECKING accounts (Chase has no interest on checking) and nearly 1% on their Money Market account (0.01%) on Chase.

I'm planning on moving both my Savings and Checking account over and completely closing my Chase account. Does anyone use Ally? My only concern is the lack of brick and mortar locations, which I do use Chase's fairly frequently to withdraw large amounts of money (I paid in cash for my tuition last semester as they charged a 3% fee for using a card. That doesn't sound like a lot until your tuition is over five grand.)

Thanks for any input.
__________________
imaketouchtheme is offline   0 Reply With Quote
Old Jan 3, 2013, 02:02 PM   #2
mobilehaathi
macrumors 601
 
mobilehaathi's Avatar
 
Join Date: Aug 2008
Location: The Anthropocene
Surely your school offers you the ability to directly transfer money from a bank account?

That would at least solve your large cash withdrawal problem. What are their policies on ATM fees?

As you're probably aware those interest rates are atrocious.
mobilehaathi is offline   0 Reply With Quote
Old Jan 4, 2013, 07:38 PM   #3
malman89
macrumors 68000
 
Join Date: May 2011
Location: Michigan
I guess I just don't trust the online banks to be flexible enough to totally give up a brick and mortar bank.

I do have an ING Savings (0.80% APY) and just opened an Ally Savings (0.90% APY) as well.

I like the best of both worlds - direct deposit into my Chase checking account so it's free and then automatically scheduled withdrawals into both of the savings accounts.

Plus I do love my cash back rewards credit card. I guess you could have a non-bank issued credit card, but my Chase Rewards card works well.
__________________
Lenovo IdeaPad Z510 running Windows 8.1
Motorola Moto G LTE running Android 4.4.4
Old Machine: Late 2006 Model - 13.3" MacBook, 2 GHz C2D, 4 (3.3) GB RAM, 500 GB 7200rpm HD running OS X 10.6.8
malman89 is offline   0 Reply With Quote

Reply
MacRumors Forums > Mac Community > Community Discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Similar Threads
thread Thread Starter Forum Replies Last Post
Online Banking Security on older 10.6.8 SD-B OS X Mavericks (10.9) 2 Feb 25, 2014 08:11 PM
iPad Banking App ZBoater iPad Apps 15 Nov 26, 2013 02:53 PM
Invite for simple banking? boobie12 iPhone and iPod touch Apps 0 Jul 18, 2013 09:14 AM
How safe is online banking/shopping with 4G LTE? kat.hayes Alternatives to iOS and iOS Devices 1 Nov 24, 2012 06:34 PM
Banking conspiracy jeremy h Politics, Religion, Social Issues 72 Jul 4, 2012 04:00 PM

Forum Jump

All times are GMT -5. The time now is 09:56 PM.

Mac Rumors | Mac | iPhone | iPhone Game Reviews | iPhone Apps

Mobile Version | Fixed | Fluid | Fluid HD
Copyright 2002-2013, MacRumors.com, LLC