1. Welcome to VegasMessageBoard
    It appears you are visiting our community as a guest.
    In order to view full-size images, participate in discussions, vote in polls, etc, you will need to Log in or Register.

Online or Traditional Bank?

Discussion in 'Non-Vegas Chat' started by GrPa, Jul 9, 2017.

?

Which do you use?

  1. Online bank

    4 vote(s)
    8.7%
  2. Traditional bank

    17 vote(s)
    37.0%
  3. Both

    25 vote(s)
    54.3%
Thread Status:
Not open for further replies.
  1. GrPa

    GrPa Low-Roller

    Joined:
    Mar 14, 2017
    Messages:
    174
    Trips to Las Vegas:
    16
    I find myself rarely using our traditional brick-and-mortar bank anymore. Mortgage and auto loans have long been paid off. However, I still haven't convinced myself that going online only is the best option for us.

    Your thoughts/experiences?
     
  2. SH0CK

    SH0CK Stylin' and Profilin' Quasi Tech Admin

    Joined:
    Nov 2, 2001
    Messages:
    18,834
    Location:
    Tennessee
    Trips to Las Vegas:
    46
    I go with whoever pays me the most to stash my money in this vaults, right now, that's Ally Bank and their online setup.
     
    • Agree Agree x 2
  3. Sonya

    Sonya Queen of VMB

    Joined:
    Nov 28, 1999
    Messages:
    35,707
    Location:
    Western Washington
    Trips to Las Vegas:
    24
    My husband works IT for a local credit union, so we have some accounts there. We also have accounts at a wonderful local bank. I looked into Ally, but never managed to pull the trigger and set up an account.
     
  4. Ty

    Ty ?

    Joined:
    Sep 2, 2013
    Messages:
    4,863
    Location:
    Mid Ga
    Trips to Las Vegas:
    22
    We use a local credit union. I like face-to-face when I need to wire money or deal with large sums of cash.
     
    • Agree Agree x 1
  5. bluesdude

    bluesdude VIP Whale

    Joined:
    Dec 21, 2013
    Messages:
    1,249
    Location:
    Northern IL
    Trips to Las Vegas:
    33
    Us also. I just like to make personal contact with some one when dealing with my own accounts.
     
    Maybe not this year. Looking forward to 2021!
  6. jamesxnj

    jamesxnj VIP Whale

    Joined:
    Oct 12, 2009
    Messages:
    2,059
    Location:
    FL
    Trips to Las Vegas:
    17
    I have a couple CD's with Discover Bank..At least you see a little interest with them as opposed to one I have with Bank Of America which is laughable for the amount of it (Under 10g but still that is some $)
    I just shake my head tax time..Never remember to change it when it matures,I'm lazy and I don't even read half the mail BofA sends out..But I think you really do need a brick and mortar for checking accounts incase you need a face to face sometime..
     
  7. FullPay

    FullPay When the going gets weird, the weird turn pro

    Joined:
    Jan 8, 2008
    Messages:
    3,157
    Location:
    Derby City, Kentucky
    Trips to Las Vegas:
    110
    I've been with E*Trade Bank for twenty years. At a certain account minimum you get no monthly fees, free checks, and no ATM fees period. If an ATM says 5.99 fee and I take out five hundred my account reads withdrawal (505.99), credit (5.99). This is enormously useful in Vegas as I don't feel obligated to withdraw a large amount of money or shop ATM fees. I keep a smaller brick and mortar account so that I can write local checks to persons who don't have their own checking account.
     
    • Like Like x 1
  8. merlin

    merlin MIA

    Joined:
    Aug 1, 2009
    Messages:
    3,756
    Location:
    mn
    Trips to Las Vegas:
    40
    i use both, online for higher interest and a traditional checking acct for misc.
     
    • Agree Agree x 1
  9. mdm4sfest

    mdm4sfest VIP Whale

    Joined:
    Jun 5, 2012
    Messages:
    1,414
    Location:
    Cleveland, OH
    Trips to Las Vegas:
    19
    I've worked in banking the last 8 years. Started off in business customer service (phones), then email/chat, then 4 years in credit Card, and now CIU/anti money laundering. The bank I work for is a big east/west coast bank only. Sad thing is, I don't even bank there... I've been w Huntington instead for 17 years.

    Nonetheless, it's a rarity under any circumstance that I go to a physical branch for anything. I do as much as I can online. I hate uneducated people who work in a specific field. The stories I can tell you that involved branch managers, relationships managers, and business service officers would boggle your mind. Obsolete and uneducated.
     
  10. Richard Alpert

    Richard Alpert LOST

    Joined:
    Jul 22, 2015
    Messages:
    9,061
    Location:
    The Island
    Trips to Las Vegas:
    12
    I use a traditional bank.
    For when I need pens and can't make it to Vegas to replenish my supply.
    Also, I visit my autographed Tony Mandarich rookie card in my safety deposit box.

    RICHARD
     
    The Alperts Take Polo Towers!
    • Funny Funny x 1
  11. merlin

    merlin MIA

    Joined:
    Aug 1, 2009
    Messages:
    3,756
    Location:
    mn
    Trips to Las Vegas:
    40
    Is that card even worth a dollar?
     
  12. MikeOPensacola

    MikeOPensacola VIP Whale

    Joined:
    Sep 26, 2012
    Messages:
    6,721
    Location:
    USA
    Trips to Las Vegas:
    163
    Ugh, one of the worst draft picks, if not THE worst, for the Packers. Probably a top ten all time NFL draft flop.
     
    Christmas at Encore
    Summer Trip at Aria
  13. Richard Alpert

    Richard Alpert LOST

    Joined:
    Jul 22, 2015
    Messages:
    9,061
    Location:
    The Island
    Trips to Las Vegas:
    12
    I'm surprised no one mentioned him over in the Scary Things thread. :D

    RICHARD
     
    The Alperts Take Polo Towers!
    • Funny Funny x 1
  14. Richard Alpert

    Richard Alpert LOST

    Joined:
    Jul 22, 2015
    Messages:
    9,061
    Location:
    The Island
    Trips to Las Vegas:
    12
    I believe if I ever tried to sell it I'd have to pay someone at least twenty bucks to take it! :faint:
    It's probably a future gag gift! :D

    RICHARD
     
    The Alperts Take Polo Towers!
  15. Breeze147

    Breeze147 Button Man

    Joined:
    Aug 15, 2013
    Messages:
    10,902
    Location:
    Southern Maryland by way of Philadelphia
    Trips to Las Vegas:
    25
    Okay, so which online savings account offers the highest interest?
     
  16. merlin

    merlin MIA

    Joined:
    Aug 1, 2009
    Messages:
    3,756
    Location:
    mn
    Trips to Las Vegas:
    40
    You can look it up, I have capital one(former ING), that pays 1.1% currently, better than nothing I guess.
     
  17. vetsen

    vetsen Low-Roller

    Joined:
    Sep 26, 2009
    Messages:
    329
    Trips to Las Vegas:
    23
    Here are some that I watch.........

    GS Bank 1.20%
    Synchrony 1.15%
    Ally 1.15%
    Discover 1.10%
    Amex 1.05%
     
  18. bshowell

    bshowell VIP Whale

    Joined:
    Oct 3, 2004
    Messages:
    3,552
    Location:
    DMV
    Trips to Las Vegas:
    11
    I do both plus Ally and Barclay Dream Account for high yield savings.
     
  19. The Rumor

    The Rumor VIP Whale

    Joined:
    Jul 28, 2015
    Messages:
    3,872
    Trips to Las Vegas:
    20
    I'll join the crew who says use online for better savings rates in most cases.

    For now, I still have my checking account at a traditional bank with a big ATM network, but I sense my need for this is declining as I use less cash and fewer checks. My wife probably wouldn't like it if we moved accounts, though, which may keep me here for a bit.

    I'd also add I use Venmo to move cash around with friends/relatives and it works great as an add on to banking.
     
    Return to Greatness
  20. saintpauljeff

    saintpauljeff VIP Whale

    Joined:
    Jan 11, 2008
    Messages:
    2,396
    Location:
    Minneapolis, MN
    Trips to Las Vegas:
    999
    I have an account w/ Barclays, they're currently at 1.15%
     
Thread Status:
Not open for further replies.