- Joined Feb 19, 2010
I want to open a new checking account. Who do you think is better? Looking at the student Checking.
PLEASE stay away from a large bank. Everything may seem fine on the surface, but if you have any problems with your account it will frustrate the crap out of you. That's not even putting into consideration that both have started to nickle & dime their customers with monthly fees and debit card fees.Originally Posted by adiosburritos
they both are terrible
go with credit union
less fees and overall BS
[/h1][h1]Wells Fargo to test charging a $3 monthly debit fee[/h1]
Banks are trying out yet another fee. Starting in October in five states, Wells Fargo will charge customers $3 per month if they use their...
By Rick Rothacker
CHARLOTTE, N.C. — Banks are trying out yet another fee.
Starting in October in five states, Wells Fargo will charge customers $3 per month if they use their debit card to make purchases. Customers can avoid the fee if they don't use their card or by signing up for certain checking accounts.
The guinea pigs will be customers who opened business and personal accounts in Washington, Oregon, New Mexico, Nevada and Georgia. It won't affect customers elsewhere unless they originally opened their accounts in one of those states, Wells spokesman Josh Dunn said.
No decision has been made on whether to expand the pilot program, he said.
Please elaborate on the "convenience" thing for me. I have used credit unions for almost my entire life and have yet to have a problem with either service or convenience. Their ATM system is interlinked so you can take cash out from almost anywhere. The only problem may be deposits, but most people rarely have to walk into a branch anymore for that.Originally Posted by kidKiDd
For the most part what people fail to understand is that a bank is a business and as a large Corp. it has to find means to generate revenue to pay it's workers; cleaning staff, fraud department etc. So yeah a large bank will charge fees for the serves they offer but its minor compared to the other large Corp. we already throw our money at. For example; Nike, R.L Polo, Jordan, Apple, etc.
But at the same time banks aren't for everyone, what I suggest to customer is that, if convenient matters and you play with at least $1000 every month then a large bank would work best. Now if convenient doesn't matter that much and you struggle to keep $300 stored away then a credit union would be the best fit. With that being said credit unions are great. I thought about opening up a savings, but the only thing stopping me is the distance -_-
Most smaller banks cut deals with each other to allow their customers to withdraw money from certain atm's. The same with credit unions. If you can't find an atm, you can always go to the grocery store and get money with your purchase.Originally Posted by ShadyKay NT
For those who say to go local, where can I use their respective Debit Card (if given one) to withdraw money without incurring any fees?