BOFA to charge $5 a month for check card use

[347Mike]

I see no girlfriend accounts... not baller!

It has been combined with the spending account.

[Denny]

I see no girlfriend accounts... not baller!

[347Mike]

250K limit on FDIC protection.

Different accounts because of accountability (different sources of income and money for spending on specific things).

Wives/girl friends

Different uses like savings, investments, spending, etc.

Yeah, I get all of that, but 20? I can't think of 20 different buckets to put money.

Investment
Vacation
College
Savings
Spending
Retirement
Kids savings
Vacations in Retirement
Mortgage
Auto


That is 10.. lol

[CWO]

I n g

[Denny]

I didn't know debit cards could be used as a credit card to receive points.

On a side note, why would someone need 20 accounts?

I was at BofA earlier today getting a cashiers check and overheard someone mentioned they had 20 accounts.

250K limit on FDIC protection.

Different accounts because of accountability (different sources of income and money for spending on specific things).

Wives/girl friends

Different uses like savings, investments, spending, etc.

[Cooter]

I didn't know debit cards could be used as a credit card to receive points.

On a side note, why would someone need 20 accounts?

I was at BofA earlier today getting a cashiers check and overheard someone mentioned they had 20 accounts.

WF if you use your check card as a CC you get 1 point per dollar... if you run it as debit, you get shit

but their actual credit card yields 5 points per dollar.

[347Mike]

I didn't know debit cards could be used as a credit card to receive points.

On a side note, why would someone need 20 accounts?

I was at BofA earlier today getting a cashiers check and overheard someone mentioned they had 20 accounts.

[Denny]

Credit cards build new money out of nowhere, just like home loans.

[GrayStangGT]

I've been with Chase for 5 years or so after BofA pissed me off. Can't say I have any complaints, the one time they charged me a fee I spoke with a banker and it was corrected that day. I get pretty good rewards off of their credit card too and just pay it off every couple of weeks.

[Cooter]

I've been with Wells Fargo for over 10yrs w/ no real complaints.

But who the hell uses a debit card?

use it as a credit card and enjoy reward points and buyer protection

[Denny]

I'm not baller enough to have a small business account. Poor people accounts are still free.

I've seen some pretty non-baller small business accounts. Either way, it is shit.

[LANTIRN]

Another here for USAA. The few problems I have had they have resolved pretty quickly. Plus it is awesome having everything from my house loan, to bank accounts, to auto loan, to car insurance under one company.

[flybye70ss]

I'm not baller enough to have a small business account. Poor people accounts are still free.

[HarrisonTX]

Have never had a single fee ever at First Command Bank. Home is in Ft Worth, too. Refunded ATM frees up to $15 a month, free checks. Hell, I don't know what banks usually charge for, so I cant tell you what I get free specifically because it's everything.

[Denny]

I may have to check SSFC out since Texans Credit Union took a dump.
They started charging $25 a month for maintenance fees for small business checking accounts.

Have you looked at Texans Credit Union? I am very pleased with them.