Changing Banks: Part Duex
After leaving ING and giving Charles Schwab a chance for the past six months, I have decided to change banks. Although Schwab has been decent, they have not delivered on many of their promises, most notably being able to move money between your checking and savings online – you actually have to call them to do this, or swap between your brokerage account! What a PITA! They have also had many issues aggregating to Yodlee-based aggregators. So after re-assessing my requirements, I am going to start my search all over again. ING would be my first choice, however they still block aggregators!?!? I wonder if they are still looking to support this functionality by EOY? Well back to the drawing board. Current front-runner for me is eTrade, due to their various offerings. Are you happy with your bank? If so, please share as I am open for suggestions 
I’m quite happy with Ally.
kate,
i’m a big fan as well, however i wish Ally had some sort of checking or online billpay service. That’s one thing they are lacking that could make them an even larger player. I contacted them earlier in the year about this and it is in the works, but no time frame was given.
Anyone use Everbank or FNBO Direct?
I’m quite happy with Salem Five’s eOne accounts (salemfivedirect.com), but Ally’s potential interest checking seems promising.
I’m a bit of a bank-account-aholic and I have about 1/2 dozen accounts that I use regularly.
* I have a Chase and BofA account for when I need to cash a check. Both are essentially 0% interest, both of their websites suck (WaMu was much better), but they have ATMs and cash my check. I don’t keep much money in there.
* I’ve had ING for a long time because I use their P2P transfers often. The only reason I don’t like them is they don’t offer ATM refunds and also because I occasionally need to write a paper check. Rates are OK.
* I’ve had e-trade for a while and it is essentially my primary checking. Good web site, ATM refunds, and paper checks, but they require a $5K minimum or a direct deposit, and their rates suck.
* I’ve been looking at schwab because of the decent rate but it sounds like they’re trouble. I’ve had an ally account for a while so I might also get their checking as %0.50 is better than most and ally has been mostly good.
* I keep most of my savings at DollarSavingsDirect as they had great rates before the crash, but now they’re barely competitive. Not worth the time to switch for tenths of points so my money is staying there for now.
Contact me with any questions.
So in the end, I went back to good old ING Direct. I tried out Ally but did not like their Yodlee-backed Bill Pay (I have had too many issues with Yodlee’s Bill Pay). What it boiled down to is that I wanted a bank with a easy UI, decent rates, and a Checkfree-based bill pay. ING was the best for me and for some reason I feel like I save more there (corny)