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Got a free checking account you like?
Posted by: deckeda
Date: April 03, 2021 05:03PM
I'd accept something that waives a mostly fee with direct deposit, like some have always done. Strictly transactional, so low balances would be kept. I don't have a situation that would qualify for a credit union membership.
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Re: Got a free checking account you like?
Posted by: mattkime
Date: April 03, 2021 05:07PM
Where do you live? It can be nice to have a local bank.



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Re: Got a free checking account you like?
Posted by: RgrF
Date: April 03, 2021 05:18PM
AMEX Serve is a fee free debit card, one that doesn't require a pin input when using. Acts more like a straight up cc than a debit.
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Re: Got a free checking account you like?
Posted by: CJsNvrUrly
Date: April 03, 2021 05:37PM
Suntrust (now Truist). I've been with them for many years.




bunny smileyCentral VA
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Re: Got a free checking account you like?
Posted by: testcase
Date: April 03, 2021 05:49PM
Credit Union. boink smiley
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Re: Got a free checking account you like?
Posted by: bhaveshp
Date: April 03, 2021 05:55PM
I use Ally Bank for my primary checking, but would also suggest a local credit union. Many credit unions allow all local residents to join.
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Re: Got a free checking account you like?
Posted by: mattkime
Date: April 03, 2021 06:03PM
I’m using BMO Harris because they gave me a signup bonus but they’re also nearby.



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Re: Got a free checking account you like?
Posted by: graylocks
Date: April 03, 2021 07:01PM
Quote
deckeda
I don't have a situation that would qualify for a credit union membership.

Credit union regs have really changed. I belong to a big credit union simply because i live in a metro atlanta county. you should really check

National Credit Union Association

That being said I have free checking with USAA. For banking services you don't have to be military affiliated.



"Success isn't about how much money you make. It is about the difference you make in people's lives."--Michelle Obama



Edited 1 time(s). Last edit at 04/03/2021 07:03PM by graylocks.
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Re: Got a free checking account you like?
Posted by: NewtonMP2100
Date: April 03, 2021 07:30PM
....I'm checking [ right now ] and will get back to you......



_____________________________________

I reject your reality and substitute my own!
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Re: Got a free checking account you like?
Posted by: deckeda
Date: April 03, 2021 07:42PM
No CUs are local but we do have some small local banks I'll look at. I think I did this exercise about a year ago and wasn't impressed with the locals for some reason.
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Re: Got a free checking account you like?
Posted by: NewtonMP2100
Date: April 03, 2021 07:52PM
....USAA........no minimum......they print checks for free [ many banks don't do this anymore ].....I link to basic savings locally......then you can transfer funds to USAA for free.....if you need to deposit cash or checks immediate.....you deposit at the local bank then just transfer.....



_____________________________________

I reject your reality and substitute my own!
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Re: Got a free checking account you like?
Posted by: Buzz
Date: April 03, 2021 09:56PM
Does the CU have to be local?
We belong to a couple that are out of state, but use cooperating institutions for in-person transactions.
Works reliably enough, well, except the closest place (3-4 blocks) doesn't validate for the building's expensive parking lot, and the 15 minutes of free parking isn't enough if/when there's a line. The less convenient places validate. The benefits of the CU's outweigh any minor inconveniences.
==
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Re: Got a free checking account you like?
Posted by: deckeda
Date: April 03, 2021 10:43PM
So I’d need to learn what kinds of out of are CUs don’t require and affiliation to be a member? USAA ... do they not have online check deposits? I haven’t walked into a bank or deposited at at ATM in a long time. When the odd check comes in my bank’s app snaps a picture.
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Re: Got a free checking account you like?
Posted by: NewtonMP2100
Date: April 03, 2021 10:57PM
.....USAA has mail in deposits or you can take picture of check.......but if you have to deposit cash.......



_____________________________________

I reject your reality and substitute my own!
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Re: Got a free checking account you like?
Posted by: Rolando
Date: April 03, 2021 11:52PM
Also recommend a local credit union.

As my older kids moved away, the joint accounts I opened for them have made it really easy to send them money when they needed it.



San Antonio, TX (in the old city)


"All that is required for evil to prevail is for good men to do nothing." - Edmund Burke
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"To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public." - Theodore Roosevelt (1918)

"I don’t want to see religious bigotry in any form. It would disturb me if there was a wedding between the religious fundamentalists and the political right. The hard right has no interest in religion except to manipulate it." - Billy Graham 1981

"Politics and governing demand compromise. But these Christians believe they are acting in the name of God, so they can't and won't compromise" - Barry Goldwater
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Re: Got a free checking account you like?
Posted by: graylocks
Date: April 03, 2021 11:54PM
Quote
deckeda
USAA ... do they not have online check deposits? I haven’t walked into a bank or deposited at at ATM in a long time. When the odd check comes in my bank’s app snaps a picture.

You can deposit checks through their app. Also, in the oddest of shopping centers not far from me, a USAA ATM was installed. Only one I've ever seen in the wild.

And just do a quick search on credit unions near you. Each will have an online site where you can find if you qualify. I think you'll find it's much easier than you are anticipating. I remember the days where CUs had hoops. Most of the hoops are gone now or at least HUGE!



"Success isn't about how much money you make. It is about the difference you make in people's lives."--Michelle Obama



Edited 3 time(s). Last edit at 04/03/2021 11:59PM by graylocks.
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Re: Got a free checking account you like?
Posted by: Michael
Date: April 04, 2021 07:40AM
You could do a two-fer and look for a high-interest checking account if you're willing to jump through a minimum-swipe and other requirements.

[www.magnifymoney.com]
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Re: Got a free checking account you like?
Posted by: deckeda
Date: April 04, 2021 10:31AM
Quote
Michael
You could do a two-fer and look for a high-interest checking account if you're willing to jump through a minimum-swipe and other requirements.

[www.magnifymoney.com]

Dodd-Frank ... I had no idea that created this circumstance. Very interested, and yes we use our debit cards for most things. I can see how a few of the choices there could work.
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Re: Got a free checking account you like?
Posted by: mspace
Date: April 04, 2021 10:43AM
I use Connexus Credit Union for the higher CD rates, but they also have good checking. You just need to have a savings account with $5 to stay a member. Otherwise I have NO other connections to it.

[www.connexuscu.org]
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Re: Got a free checking account you like?
Posted by: NewtonMP2100
Date: April 04, 2021 11:06AM
.....USAA refunds up to $15/mo in ATM fees......



_____________________________________

I reject your reality and substitute my own!



Edited 1 time(s). Last edit at 04/04/2021 11:06AM by NewtonMP2100.
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Re: Got a free checking account you like?
Posted by: SteveO
Date: April 04, 2021 02:09PM
I've been happy with what is now US Bank for (gads) nearly 30 years now. Started as my local "Star Bank" back when I lived in the 'Nati. No fee, no min balance checking.
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Re: Got a free checking account you like?
Posted by: stephen
Date: April 04, 2021 09:28PM
Quote
NewtonMP2100
....USAA........no minimum......they print checks for free [ many banks don't do this anymore ].....I link to basic savings locally......then you can transfer funds to USAA for free.....if you need to deposit cash or checks immediate.....you deposit at the local bank then just transfer.....

Huge fan of USAA Bank. I use them for everything. Instantly credit to your account deposits you make on app. $15/month reimbursements of other bank's ATM fees.
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Re: Got a free checking account you like?
Posted by: graylocks
Date: April 04, 2021 10:53PM
Quote
stephen
Huge fan of USAA Bank. I use them for everything. Instantly credit to your account deposits you make on app. $15/month reimbursements of other bank's ATM fees.

Actually, if you transfer funds from another bank they credit your USAA account immediately. I have a number of bank accounts. NONE of them do that ever.



"Success isn't about how much money you make. It is about the difference you make in people's lives."--Michelle Obama
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Re: Got a free checking account you like?
Posted by: spacescape
Date: April 05, 2021 06:52AM
My credit union started in 2020 (or was in 2019) charging $5/month fees... Kind of annoys me but I do get free checks once a year, free bill pay (which includes mailing payments) and some other bonuses so it's not a huge deal. Still sucks.
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Re: Got a free checking account you like?
Posted by: graylocks
Date: April 05, 2021 01:07PM
Quote
spacescape
My credit union started in 2020 (or was in 2019) charging $5/month fees... Kind of annoys me but I do get free checks once a year, free bill pay (which includes mailing payments) and some other bonuses so it's not a huge deal. Still sucks.

Shop around. my CU only requires that members maintain $5 in a savings account. No monthly fees. Generally a bit forgiving with overdrafts which my son is particularly thankful for. (He realizes that if he had an account with a monster mega bank he'd have paid many hundreds of dollars by now with his careless ways.) Don't know about free checks since I have no use for checks with this account but free bill pay including mailing, and an app that, among other functions, I can deposit checks.



"Success isn't about how much money you make. It is about the difference you make in people's lives."--Michelle Obama
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