Posts made by craig10x

I just opened a new Cash Management Account with them…I was just curious…i last had an account with them about 5 years ago and remember that with their debit card you could make a withdrawal but not a balance inquiry at an atm…

It will be awhile before i receive the card to test it but in the mean time…is there anyone her with a Fidelity Investments debit card who can test it for me at an atm and let me know? Thanks…

According to the chat guy i spoke to at Fidelity he said you can…but you can’t always go by what a rep says… LOL

Also: Are they 1 day on external ach transfers? (in and out)…

@atikovi Primis Bank

@craig10x Thanks goldsheet…I got on Chat at 11 PM last night and got someone around 11:30 PM…she ordered the checks for me…you are correct…they are not automatically ordered…

@goldsheet Glad you mentioned that…i was having the same problem…once i switched to the correct one, was able to log right in…

I was wondering…for the free set of checks do you have to request them or are they ordered automatically?

The email said the debit card was ordered but no mention of the checks…

@goldsheet Thanks for confirming…the Astra transfers i did to SoFi showed in the exact same way…so SoFi must have caught it and it will no longer work…

@goldsheet Very good…let me know…i have a friend who has SoFi but doesn’t have a direct deposit to move there and he was curious to know if it is consistent…

Thanks…sounds like without an interruption (ex: holiday, weekends) then it is 3 days from when you set it up…not too bad…

And i see it does say Direct Deposit…Did it work for you this month (June) as well?

@goldsheet I am actually transferring my social security dd to SoFi but meanwhile i did set up the Astra app on my phone like you… to try it for this month…

Two questions for you: From the day you initiate the transfer from another bank to SoFi…how many days to get there?

When it posts at SoFi what does it say? Does it post as Direct Deposit?

Thanks

@goldsheet Thanks…and yes that is true…there a number of accounts already that have 1.25% apy without any hoops at all to get it…

@goldsheet Thanks for that link…i found them on the google playstore but based on the many reviews they don’t sound like a very reliable service…i would hate to depend on them for a monthly direct deposit to keep the SoFi 1.25% apy going… thanks anyway…

@goldsheet Astra appears to be for people who have businesses…they don’t have accounts for consumers…so not useful for most of us here…
I signed up and they wanted my business app, url to my website, etc…can’t fake that…
A waste of time…unfortunately…

The one problem with T-Mobile Money is that you can’t add beneficiaries…
You can with Marcus…

@paazel I have them…their only drawback is extremely low ach limits on their system…However you can Push or Pull from other banks with no limitations…The rate is great and the Online Banking and Customer Service is extremely good…

@jtownsucks46
Very Good Point! The only one in their “program group” that i do have funds with is Citibank where i have about $2000 in checking and $50,000 in a CD…However, i will be closing all that out in August when the CD matures…I recently switched my local banking over to Wells Fargo, so i wouldn’t be needing them anymore, anyway…

But that is definitely something one does need to be aware of with this type of account…

@atikovi
It’s covered by SIPC until is arrives at the participating banks…Once arriving in the participating banks, the FDIC insurance side takes over…

Sounds safe enough to me…

@atikovi
The program banks are covered by the fdic…therefore you are covered by the fdic…that’s how it works with sweep banks…and the banks they use are large institutions like Citibank, for example…There is such a thing as being over cautious…but up to you…i feel my money is perfectly safe there…

People buy Brokered Cds in their Brokerage Accounts all the time, it essentially works the same way…Only in this case the cash is going into savings accounts instead of cds…

@my4mainecoons

No sign up bonus…only opened the Cash Account not their Brokerage Account (Investment side)…

Heck…2.51% apy and 1 million fdic coverage…what more could you ask for? (lol)

Regarding Wealthfront… according to their website, they are planning on keeping their rate competitive…I just opened with them…it’s a rather interesting setup and different then conventional accounts…I like what i am seeing so far…

My favorite features are: you can transfer up to $250,000 per day in or out…Although it’s called a Savings Account, you don’t have the “6 per month limit” The 1 million FDIC Insurance Coverage (because they sweep the money into 4 fdic banks)…and plan on adding debit cards, checks, bill
pay, mobile check deposits in the near future…And the high rate of course…LOL

Up to 3 external bank accounts can be linked to it…They are actually a brokerage firm…not a bank…however, they use 4 actual FDIC Banks for this interesting set-up…

Alliant CU Savings up from 2.0% to 2.10% apy as of today…

Ally Savings up from 2.0% apy to 2.20% as of today…
Cash Bonuses will be paid by Feb 5th…

Discover Savings up from 2.0% to 2.10% Apy as of today!
I have it (along with their Checking and also the CIT Bank Savings Builder which gets 2.45%)

Alliant CU raised the rate on it’s Savings Account today…from 1.95% apy to an even 2.0% apy

@frugalpete
Very true…that was a rarity (that fund that went under $1 a share) and keep in mind…this is VANGUARD we are talking about here…they wouldn’t let it happen…it would destroy their reputation (same applies to the other majors like Fidelity TD Ameritrade Schwab TRowePrice etc…

@frugalpete
That is true…But again, a Money Market Fund at a brokerage is $1 a share…no deviation…so share price does not fluctuate…

@jtownsucks46
No…but it’s covered by Vanguard’s SIPC (brokerage insurance)…also it is a Money Market Fund so share price is always a stable $1 a share (no fluctuation)…So not only do you have the SIPC coverage but let’s face it, what are the odds of Vanguard going under? (lol)…

Ally Bank Online Savings now at 2.0% APY…

@atikovi
Yes…that’s their usual M.O. (method of operation)

@atikovi
Yes, that is true…because i have it too and nothing changed for those who already have it but apparently they are not offering for new accounts at this point…

Maybe they are getting another new product ready for release…LOL Or (as the sometimes do) not offer anything new for a while…Probably when they have gotten sufficient funds for the moment…

@atikovi
The Money Market Account was always 1.80%

What is gone is offering of the High Yield Savings Account with 2.50% apy…
That was short…it only came out a MONTH ago (LOL)

@jtownsucks46
Will do…

@jtownsucks46 : Thanks…I previously had an EBSB account and am using my old user id…in my case, i may be considered to be an old customer since the system had me in there from before…will be interesting to see what happens when the first deposit goes in…

I recently opened the EBSB Direct Savings Account…does anyone know: 1) If a deposit posts right away when you set up an incoming transfer using their system? 2) Any hold placed on funds? if so, how long? (when you transfer in using their system)…

@atikovi: pretty safe, i would think…they have been around since 1934 and back in the 80s when there was all that banking trouble and when a dozen or so banks failed in the Boston area, they were covered by DIF for the difference between the FDIC amount and anything they had over…Of course, the FDIC covered the up to $250,000 part…

@jtownsucks46 Oh, Sorry about that…i called them up and had them cancel the card…when they asked why i was closing, i mentioned that the line was too low for me to use the card in a practical manner…
I am using my Citi Double Cash Card as my main card now…and i also have a Schwab Investor Card (American Express) as my back up card…At the current time, both have $10,000 lines…I’m going to try for a Credit Line Increase on the Citi Card when it reaches the 6 month mark (in the fall)… I have a very good credit history and fico score but too many hard pulls in the past year (which is what causes the problem of getting a new card and a decent line) so, i will just stay with my current two cards for now…

Amex Personal Savings up to 1.60% APY (was 1.55%)

The card came in the mail today and i activated it…the Credit Line is actually $1,750.00 but STILL…Anyway, i will call tomorrow to their credit department and see what they say…I was only going to use it as a second card to my Citi Double Cash Card but if it’s anything less than $5000, i won’t be keeping it…I’d be happier i with at least $7500 or so…

Will post after i talk to them…

@almighty1 Now that would be a reasonable starting line…if they want me to actually USE the card, i hope they will at least give me $7500 when i call them after getting the card, which should be rolling in before the end of the week…

To someone with a 775 FICO score, $1600 is really an insult…i realize a computer made that determination, so let’s see how a REAL person does…

@craig10x What gets me is i got ANOTHER e-mail and it specifically mentions that the card was mailed on friday…Very fast service, i must say…and they were pretty nice on the phone too…Now, if i can just get them to give me a decent credit line to work with! I should receive it by middle of next week or possibly sooner (they even tell you it is coming from nebraska in a plain white envelope)…I’ll post here after i talk to them…

I’m getting the impression that this will be a good card to have IF i can get away from the crummy credit line

I hear you! If that’s the case (the bonus is paid shortly after you actually reach it and not 3 months later) then i may well rack up the $500 in the first month and at least get the $150 before shutting it down…

I know what you mean…it is hard to find a lot of info about how HSBC as far Credit is concerned…

I saw mixed posts…some said they got a low amount like us and they wouldn’t budge and others said they granted them a very reasonable starting line after re-evaluating, even though the card was new…

So, i figure the best bet is to give it a shot when i receive and activate it…not much to lose…and should be interesting to see what happens…

I saw some said they started off with say, $7500 or $8500! (during the instant approval) Would like to know how they pulled that off (lol)…

I just got another e-mail from them…sounds like the card is on the way…That was pretty quick…

@craig10x I suppose i could use it for a month, get $500 in purchases and then sock drawer it until i get the cash rewards…sounds like you have to wait the 3 months to actually get the bonus in your account…then i could cash out and close it…meanwhile, keeping the Ally card as back up instead…

I’d only want to keep it for the long run if they agreed to give me a decent opening line…It would have to be at least $5000 though i’d prefer more like $7500…

@kohlspowrshopper Thank you so much for your thoughtful and very extensive reply!

Considering that when i open a new credit card, they generally start me in the $7000 to $8000 range (sometimes higher) it was rather insulting to get such a tiny limit (like as if i was just starting out with credit)…Even Citibank, which is not known for starting you out with high limits recently gave me $5000 to start and when i applied for an increase right after getting the card to $12000 they gave me a $10,000 line and said to wait 6 months and then i could ask for more…

However, based on what you reported, it doesn’t sound like HSBC would be as accommodating…

I was really going to just use it as a back up card to my Citi Double Cash, but did want a decent line on it…I also have an Ally Bank Cashback Card with a $7500 line…i figure if HSBC would give me a decent line, i’d close that…looks like it will probably be the reverse (close HSBC and keep the Ally card as the back up)…

I will try calling them after the card is activated (just called them and they said i’d need to have the card and activate it first before checking about an increase) but i am not optimistic at this point…

I applied for an HSBC Cash Rewards Credit Card…I did get an instant approval but the line approved was a really tiny one ($1,600) I have an excellent credit history, a Fico Score of about 780 and usually when i apply for a new card, the initial line is generally around $7500 to $8000 (sometimes even more)…So, this was kind of “insulting” (lol)…

I was wondering, if there is anyone out there with experience with HSBC Credit Cards…are the always like that with the initial line? Would it do any good to call when i receive the card and talk to an actual person about getting it increased? Unless i could get about $7500 at least for the initial line, i would probably want to close the account…

Also, how is is it as far as registering and using their online system to check on your credit card activity? And how is their Customer Service?

All thoughts…suggestions…appreciated!

@jtownsucks46 said in Best Nationally Available High APY Liquid Accounts:

Mutual One Online Savings up to 1.71%

Capped at $250,000 over that amount, the rate is 0.25% which is a shame because they have unlimited deposit insurance coverage (fdic plus private insurance) only available to mass. banks like they are…

Here’s a big surprise (a good one)…remember i mentioned that i figured it couldn’t hurt to try for a credit line increase at this time (even though the account is new) since the initial line was granted by a computer of course and this request would actually be evaluated by a real person lol)…I have a very good credit history and an excellent fico score as well…

Just got the e-mail response to my request (I had asked for an increase to $12,000)…
It said: unfortunately although we could not grant your full requested amount, we have increased you limit to: $10,000 which is the maximum amount we can grant at this time…

I’ll take it!
Glad i decided to go with the Citicard (instead of the Paypal)…

After a few months i might try for $12,000 (or $15,000 tops) after i show a history of doing a lot of purchases and paying the bills on time…

I closed my Paypal Mastercard…they actually make it easy to do so (on the Synchrony Bank link)…I’ll be using the Citi Double Cash as my main card and have my Bank of America Cash Rewards as my back up…Just so many more advantages of the Citi Card that it just seems to make more sense…

Only thing with Citi is i have a feeling it will take quite some time to get it up to the Credit Line i want…Actually, $12,000 would be fine but even to get there will probably be a long haul…LOL

Very Cool!
Just one MORE reason to go with the Citicard instead of the Paypal…

Both Paypal and Citi cards rolled in today…On my USPS informed mail i did see a separate letter from Synchrony Bank which probably had the benefit brochure but apparently got “lost” in route to my mailbox…

I activated both cards…Since they were activated, i was able to directly call mastercard and with activated account number in hand, they were able to read me the list of specific benefits of the Paypal Cashback Mastercard…It DOES NOT have Purchase Protection (90 day Stolen/Damaged) or travel benefits like when you rent car (collision damage waiver) travel insurance, trip interruption protection, etc…

All it really has is warranty manager (extra year of warranty coverage) Price Protection (if you see a lower price) and Refund Coverage if the merchant won’t give you one…That’s it…

The Citicard blows the benefits away over the Paypal Card since it has them all…Also, the Paypal is just a platinum card and the Citicard is a World Elite…(not to mention double extended warranty and price rewind and ALL the mastercard benefits)

I’ve decide already in favor of the Citi Double Cash! I’ll sock drawer the Paypal for the month and then close…I’ll be using the Citi card for my main card and my Bank of America Cash Rewards as my back up card (always like to have two cards)…

Unfortunately, don’t see much point in keeping the Paypal Card… I’ll have to work on getting Citi to get my Credit line up to the $12,000-$15,000 range…I guess that will take some time, but when you combine the mastercard features, 2% cashback and the nice online set up at Citibank.com, i think it’s the right “pick”

Still no Paypal card today…looks like that (and the Citi card) will come in next week…
I will report on the benefits of the Paypal card once i get the brochure which should come with the card…

@fivetalents Just curious (if you don’t mind telling) what is your Credit Line with Citi for the Double Cash card?

Maybe they are going to get better now about giving more reasonable credit line increases? Also sounds like they might start doing automatic increases…

Paypal Card didn’t arrive today…hopefully, tomorrow or monday the latest…I get USPS informed mail so i always know what is rolling into the mailbox each day before it even arrives (lol)…

Citi Double Cash will more likely arrive next week…I have a feeling that ultimately i will probably end up going with the Citi rather than the Paypal…because of all the features included…just wish they were better about those credit lines…

Two additional advantages on the citi credit cards are: price rewind where they search for a lower price and refund the difference within 60 days and also the Warranty Protection adds 2 years instead of one…nice features to have! But i would be pretty satisfied if the Paypal card had all the standard features…

Yeah, i had a feeling Citi was probably as stingy with the CLI’s as they are with the initial line

But if i could get it up to $12,000 to 15,000 it wouldn’t be too bad…
I guess i will need to work with both cards to make the ultimate decision on which one will stay and which one will go…I should have worked with the Pay Pal card first before applying for the citi, but i kind of jumped on it and sorry i didn’t have more patience…

Will report on the Paypal benefits as soon as the card arrives…can’t wait to find out