01-17-2017 04:07 PM - edited 01-17-2017 04:14 PM
Local savings (rarely used)
CapOne checking and savings (rarely use either)
Barclays savings-main savings
Ally savings (side savings for small purchases)
CapOne investing brokerage account
Vanguard Roth IRA
01-17-2017 06:52 PM
I have chase as well which was a Wamu bank account that was converted to Chase. I opened it since i was 18.
I wanted a seperate checking account that i could use as savings so i opened TD bank the one that just needs 100 daily balance and no fees ever. I picked TD because at the time they were giving out this cool Kodak Cube when you opene any account with them.
In the future i do plan to open up a account with Pend Fed Or NFCU after i do my research but i know that for sure i want to have a account with a credit union.
01-17-2017 08:51 PM
Main Account: LMCU High Interest Checking (3%)
I just got this a month ago so still transitioning to it but it will be where I do 99% of my banking (I’ll have my paycheck deposited there, will keep my EF there, will use it to PIF my CCs every month, etc). I like that it is a checking account so I don’t have to worry about the federally mandated 6 transaction/mo limit on savings accounts. I used to keep my $ in an ally savings account to maximize interest but with 5 CC bills per mo + rent + utilities that became a problem. It also pays one of the highest interest rates available at 3%. It requires 10 transactions per month (I buy 10x$0.50 amazon GC online) and a direct deposit every month (I do $150 transfer from Ally) but I plan to do those on the 1st of every month and not worry about qualifying for the interest.
Other Bank Accounts:
Ally Bank Checking/Saving: I have all my accounts linked to this account so I’ll probably use it as a hub when transferring $ to other places. LMCU’s transferring ability is lacking.
Other Accounts Acquired for Things Unrelated to Banking:
Alliant CU Savings: for the Installment loan popular on these forums + they are local + 1% on savings isn't bad
DCU Checking/Savings: for a free FICO 05 score (mortgage version) every month so I can track my progress/prepare for future + 5% on up to $750
BoA Checking/Savings: for an extra bonus from my BBR
NASA FCU for a low interest PLOC and a FICO 5 score (mortgage) from a different bureau. The idea would be to keep the PLOC as backup in case I ever need to carry a balance somewhere (assuming my emergency savings are insufficient). I prefer rewards CCs which means I have high APRs so I could use the PLOC to pay the CCs and avoid paying the high interest from the rewards CCs.
The LMCU checking account looks very interesting, though the 10 transactions a month is tough (unless transfers to savings count as a transaction). Do you know if they'll let you have multiple accounts so you can break up funds into blocks of $15k? The fact you also mention transferr difficulties in and out of LMCU makes me very hesitant to pursue this one.
As it is today, I drop paychecks into a local credit union (DCU) and keep $750 in savings with them for the interest. Emergency savings (usually around $15-20k) sits in a Barclay's savings account. After that, everything remaining from a paycheck is used on an e-trade account (not really a bank account) or I give my SO a check and she deposits it into one of her savings accounts. I have no idea how many accounts she has floating around, but I know it's more than me.
01-18-2017 06:34 PM
01-19-2017 11:58 PM
1. BofA business checking
2. Chase free checking .... they gave me $300 to open and I got a tax statement on the 300. lol
3. Scottrade Bank
4. Mellon Bank HSA acct and brokerage acct
5. Banc of California joint checking
01-20-2017 08:11 AM
Primary Checking with Navy Federal (Everyday Checking) - write checks for bills and receive direct deposits from employment
Share Savings with Navy Federal - wife and I both have our own, used for weekly transfers
Money Market Savings with Navy Federal - Sparingly used
Wells Fargo Checking - spouse and I each havae our own for play money, convienent locations nearby our house
Wells Fargo Savings - Use for an emergency fund.
01-22-2017 10:16 PM
CU- Share Savings
Online Savings Account- Main Savings
I have most of my paycheck direct deposited to my CU checking, and roughly 10% of gross direct deposited to my online savings, which I don't touch. It helps me a lot to have a completely separate account as my main savings, as I've found saving is a struggle when it is linked to my checking account.
01-28-2017 03:12 AM
I have too many but I like all of them.
PNC- primary bank, checking, savings, car loan, and credit card. Great bank to me with very conservative lending practices.
SCSCU- primary credit union, checking, savings, CD's,retirement, and credit card. This CU has helped me the most with my rebuilding from my bankruptcy. Great CU!
Navy Federal- savings, Roth IRA, savings, CD's, and credit card. Very friendly and bankruptcy friendly.
PenFed- savings and credit card. Plan on using them for my mortgage or remodel. Excellent rates.
SDFCU- savings, personal loan, and credit card. Excellent rates on loan and Visa.
01-28-2017 04:32 AM
Currently six, two of which are joint with the wife. At our old CU in MN I have a personal checking and savings, then we have a joint checking that gets 1.5% and a joint savings that isn't used. I now have an account at a new CU in WI where we moved to that is 2.5% for our checking that she will be added on once she can comply with the Patriot Act BS of needing a utility bill.
01-28-2017 06:08 PM
I have a standard Chase checking account. Then I got a Discover checking and savings account. Considering moving my savings out of Discover and into Barclays but only .5% more do I really need to is the question.
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