@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…