@Anonymous wrote:
@Anonymous wrote:It's not my place to judge whether you're a whore or not
Those cash-back checking account offers are more trouble than they're worth for me because I have payroll direct deposit and moving that around would create havoc in my life. I'd love the $200, but just can't upturn the apple cart for it.
Why do you have to change your direct deposit to take advantage of a cash back checking account offer? Don't most just require that you open an account? Even if they require some form of DD, I'm pretty sure most banks will count an ACH transfer as a direct deposit.
ACH transfers don't always code as DD, and it varies from bank to bank. For example, ACH transfers from BoA or Capital One 360 (my current banks) to Chase do not trigger as DD, but ACH transfers from other banks like Wells Fargo do. This means that I would need to update my DD infomation with my payroll friends, meeting the $500 a month minimum requirement.
https://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/
@DeeBee78 wrote:
@Anonymous wrote:
@Anonymous wrote:It's not my place to judge whether you're a whore or not
Those cash-back checking account offers are more trouble than they're worth for me because I have payroll direct deposit and moving that around would create havoc in my life. I'd love the $200, but just can't upturn the apple cart for it.
Why do you have to change your direct deposit to take advantage of a cash back checking account offer? Don't most just require that you open an account? Even if they require some form of DD, I'm pretty sure most banks will count an ACH transfer as a direct deposit.
ACH transfers don't always code as DD, and it varies from bank to bank. For example, ACH transfers from BoA or Capital One 360 (my current banks) to Chase do not trigger as DD, but ACH transfers from other banks like Wells Fargo do. This means that I would need to update my DD infomation with my payroll friends, meeting the $500 a month minimum requirement.
https://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/
Thank for the good info. Fortunately it's not a problem that I have to deal with but certainly can understand it being a pita.
If you were in our garden club i might lend you one of my hoes 
Yes, indeed. I'm a CC whore like everyone else. I'm always moving on to the next best thing for a few bucks 
The only constant loyalty I have is with NFCU, in which I also exploit their rewards program. I rotate between their Flagship, GO Rewards, and now their AMEX depending on what I'm buying. I really don't see how they make a dime off of me. But I do justify my lack of loyalty for the huge percentage of consumers that they exploit far more than the few hundreds they give me... like those who carry balances month after month.
I am not the judge but get those points, miles, or cold hard cash as it comes. The lenders always get theirs no matter what. I hate I missed the BOA BBR boat as well. I get bank account offers every week from BOA and US Bank. I cant move my dorect deposit that much to jump on the cash back offers.
