Yes, off topic, feel free to move this to its own thread?
Either way, since I can not use my RW number to get into my WF account, calls and texts to it no longer work…I am changing bank, instead of changing phone companies.
Looking at their configurable compare banks table, Discover clearly wins on pretty much all points as far as account specs requirements go. I also have had a Credit Card with them for a few years now. They had an offer for current customers to open a Banking account with them and they deposit $200 after 30 days. Their Interest rate on Savings is 2.10% vs most others 0.01 - 0.03%. They are a bit new to the Banking field, but I am willing to give them a chance. Only is not much an issue for me. I have only ever gone into a WF location maybe a handful of time in my entire life. These days, checks can be sent through app. Cash, i just spend on things I normally would use my card for in person. Only issue I have had now, PayPal does not support linking a “Virtual” bank or prepaid banks, so I have learned. (Ally, Capital One 360…etc,)
I refuse to use a bank that has “Maintenance Fees”.
As far as local banks, TCF and US Bank are founded and headquartered in my local area actually, but again, their accounts charge fees or have balance requirements i do not agree to. My mother has had much issues and bad service from US Bank. Bank Of America, i have a Rewards Credit card with them and love it, best rewards rates etc, but their banking requirements are far less appealing than Discover, also, I have had multiple friends, and colleges advice to stay away from BoA. Many “horror stories” they passed on to me.
I am uncertain how I feel or trust in local credit unions…small business based, one location, have to be a member thing. Some thing happens to them, poof, your account gone. If the big companies can’t do things well with their unlimited resources, how can a small limited resource bank excel and further advance? Also the issue I have seen others i know personally run into that sometimes checks or payments are not supported from credit unions at some places or services. Also, if i move out of the state, which may happen in the future, I would have to change banks anyway.