@4-Lights wrote:Long time lurker, first time poster.
As part of my budgeting strategy, I use different banks and credit unions, with different purposes for their accounts. I realized I had a flaw recently: they're all Visa for credit and debit.
Criteria I'm looking for:
Mastercard for debit (and credit if offered).
Hybrid checking/savings functionality (ex. Money market account, cash management account + brokerage money market fund, or easy to open checking + savings together).
Zelle support (for social/sending and receiving money as needed, not expecting to go over 10 transactions a month between Zelle and card transactions).
Decent APY (at least above 2%).
Reachable customer service by phone. In person option a plus.
Current spots I'm considering:
Ally Bank (money market account with 4.3 or 4.4% APY, supports Zelle, 24/7 customer service by phone, no/low fees)
SoFi (checking/savings hybrid, 4.6% APY with direct deposit, can link Zelle, solid cash back credit card. Customer service mixed from what I've seen)
Capital One (two separate accounts, reimbursable ATM fees, SavorOne + Venture combo, 4.3% APY on savings. Capital One Cafe near me, so plus for being able to go in person. Zelle supported.).
ETrade (Brokerage + Checking, money market funds available, locations available near me. Not sure about their customer service. Also unclear whether Zelle supported.).
What would yall recommend, either from the above options or from one I haven't considered?
What state are you in? There may be some CU's or regional banks that fit your criteria.
@4-Lights wrote:AZ
SunWest CU has branches in the Phoenix/Tucson areas, they are a MC issuer, have Zelle and Money Market options. (For rates, it says to call.)
https://www.mysunwest.com/locations