The majority of our accounts are at our local credit union, but I do have a savings account with Capital One 360 (set up years ago when it was ING) for vacation funds and property taxes. I like that the money is taken directly from my CU checking account and deposited to each sub-account as directed and that although I have access to my money, it takes two days for a transfer to occur, so it isn't "easy" to get at it.
I use all three options - a physical bank,an online bank, and a credit union.
The physical bank I use for my checking/everyday spending.
The Credit Union account was actually set up for me when I was younger by my parents to save money for college. So I never got rid of my account and use it only for emergency savings plus set up accounts for my children like my parents did for me.
And last my online banking just started this year when I decided to do the 52 week money challenge where you put a certain amount in each week to a savings account. Online banking was suggested to me and I went with it for 2 reasons, 1 - I earn interest on my savings account, and 2 - it is harder to pull money out of it for everyday spending making it easier for me to save and not be tempted to pull my money out for unnecessary things.
I mainly access both of my bank accounts online. One is at Ally (online only) the other is through USAA which has a physical location, but it in San Antonio (3 states away). I love the convenience and ease of use. Both also have really great customer service. Online banks have far surpassed traditional banks for me (especially Bank of America....Just saying.)
I agree. It also drives me crazy when people say "Me and John..." That one is pervasive and it irks me even more when I hear executives and so-called "educated" people saying it.
Absolutely wonderful! We have 2 special needs dogs that one is allergic to lamb and the other chicken, they are both weigh 30lb and 55lb and this works wonders! Thank you so much, I even enjoyed making it.
It just felt right! Many many many thanks! We even posted 2 pictures, and of course the chihuahua wanted a taste :)
I use Chase for my "standard" accounts and Ally for my online savings. Since there's no account minimums,I can setup multiple accounts to track various savings needs (ie car insurance, vacation, emergency funds) it really has helped me see where and more importantly what I have available to ensure I'm on track with my savings goals.
Gosh. Somebody hasn't read "The Millionaire Next Door" recently. I loved that book - the real millionaires were drinking Bud and buying suits from Sears. It was the posers who spent as fast as they earned (doctors and lawyers were their main examples) and lived at or above their means. I guess they looked god doing it at least. Still, I'd rather have money in the bank and the cheap suit :)
The world would be a much better place if everyone did just one of these things each day. Not only that, but people would feel better about themselves as well. Now I'm not a doctor, but I would wager that the overall mental health of the world would improve.
I use both. I have my checking account and business account at a local bank (but do most of my banking online anyway). And I have my savings through Capital One online banking. I went with local for the checking accounts because it's easier to walk in and talk with someone (plus I have had my account there for nearly 20 years). I went with online for savings because I get a higher interest rate.
I need to stop following this page. This type of material is not why I started reading WiseBread in the first place. The author actually adds a disclaimer up front, so I suppose this is a one-off.
I know a lot of rich people and none of them acts rich. It is actually quite the opposite. Those that I know are not materialistic and don't care about designer labels and accessories.
We use Wells Fargo Bank. We are full-time RVers,and wanted to have a bank with physical locations for services such an free notarization. We are very happy with our choice.
I have accounts with both Ally and Capital One 360. I use these accounts to get a better rate on a small part of my emergency fund and for item specific savings. I still maintain an account at the local CU.
Not currently, but I'm considering making the switch to make it easier. And some have better savings accounts
The majority of our accounts are at our local credit union, but I do have a savings account with Capital One 360 (set up years ago when it was ING) for vacation funds and property taxes. I like that the money is taken directly from my CU checking account and deposited to each sub-account as directed and that although I have access to my money, it takes two days for a transfer to occur, so it isn't "easy" to get at it.
I use all three options - a physical bank,an online bank, and a credit union.
The physical bank I use for my checking/everyday spending.
The Credit Union account was actually set up for me when I was younger by my parents to save money for college. So I never got rid of my account and use it only for emergency savings plus set up accounts for my children like my parents did for me.
And last my online banking just started this year when I decided to do the 52 week money challenge where you put a certain amount in each week to a savings account. Online banking was suggested to me and I went with it for 2 reasons, 1 - I earn interest on my savings account, and 2 - it is harder to pull money out of it for everyday spending making it easier for me to save and not be tempted to pull my money out for unnecessary things.
I mainly access both of my bank accounts online. One is at Ally (online only) the other is through USAA which has a physical location, but it in San Antonio (3 states away). I love the convenience and ease of use. Both also have really great customer service. Online banks have far surpassed traditional banks for me (especially Bank of America....Just saying.)
You're absolutely right! Nancy, another contributor in the comments, would definitely agree with you.
I agree. It also drives me crazy when people say "Me and John..." That one is pervasive and it irks me even more when I hear executives and so-called "educated" people saying it.
Absolutely wonderful! We have 2 special needs dogs that one is allergic to lamb and the other chicken, they are both weigh 30lb and 55lb and this works wonders! Thank you so much, I even enjoyed making it.
It just felt right! Many many many thanks! We even posted 2 pictures, and of course the chihuahua wanted a taste :)
I have been using online banking since 2 years back and I have not step into a physical bank since! yahooo!
I use a local bank and like it. I like being able to go into the branch.
I use Chase for my "standard" accounts and Ally for my online savings. Since there's no account minimums,I can setup multiple accounts to track various savings needs (ie car insurance, vacation, emergency funds) it really has helped me see where and more importantly what I have available to ensure I'm on track with my savings goals.
Yes. An online bank is where you get the best interest rates for savings.
Gosh. Somebody hasn't read "The Millionaire Next Door" recently. I loved that book - the real millionaires were drinking Bud and buying suits from Sears. It was the posers who spent as fast as they earned (doctors and lawyers were their main examples) and lived at or above their means. I guess they looked god doing it at least. Still, I'd rather have money in the bank and the cheap suit :)
to, too, two
The world would be a much better place if everyone did just one of these things each day. Not only that, but people would feel better about themselves as well. Now I'm not a doctor, but I would wager that the overall mental health of the world would improve.
I'll do my part.
I use both. I have my checking account and business account at a local bank (but do most of my banking online anyway). And I have my savings through Capital One online banking. I went with local for the checking accounts because it's easier to walk in and talk with someone (plus I have had my account there for nearly 20 years). I went with online for savings because I get a higher interest rate.
I have an online account with Capitol One 360. The interest rate is better than I can get with my accounts at my credit unions.
I would like to add "lose" and "loose" to the list of misused words.
We do not use an online bank.
Is an online bank different from online banking? I would never use a bank that was only online. Sounds sketchy.
We use a local bank for most banking but have savings online.
No, I don't bank online currently, but I know I will sooner or later.
I need to stop following this page. This type of material is not why I started reading WiseBread in the first place. The author actually adds a disclaimer up front, so I suppose this is a one-off.
I know a lot of rich people and none of them acts rich. It is actually quite the opposite. Those that I know are not materialistic and don't care about designer labels and accessories.
We use Wells Fargo Bank. We are full-time RVers,and wanted to have a bank with physical locations for services such an free notarization. We are very happy with our choice.
Nope, my physical bank is working out fine for me.
I have accounts with both Ally and Capital One 360. I use these accounts to get a better rate on a small part of my emergency fund and for item specific savings. I still maintain an account at the local CU.