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Where should I open a new savings account?

  • baseball4
    I currently back at Chase, but I'm tired of all the BS fees they have. Any of you have a savings account at a bank you would recommend? I mean, I'm trying to save money and make money on the interest for keeping my money in their bank. Chase wants to charge me every time I touch it. They've also been charging me a monthly credit card fee and I have a 0 credit card balance. I paid it off completely in May yet they kept charging me a monthly fee.

    Any suggestions??
  • ernest_t_bass
    I'll hold it for you
  • Curly J
    ernest_t_bass;974931 wrote:I'll hold your dick for you
    fify
  • dlazz
    baseball4;974926 wrote:I currently back at Chase, but I'm tired of all the BS fees they have. Any of you have a savings account at a bank you would recommend? I mean, I'm trying to save money and make money on the interest for keeping my money in their bank. Chase wants to charge me every time I touch it. They've also been charging me a monthly credit card fee and I have a 0 credit card balance. I paid it off completely in May yet they kept charging me a monthly fee.

    Any suggestions??

    Find a credit union. They're not out to make money like banks are.
  • baseball4
    A friend of mine suggested ING. I know nothing about them but I'll do some research. He said they have .89% interest and that there aren't any fees. That's really all I'm after. I hate the way Chase charges for everything.
  • dlazz
    baseball4;975035 wrote:A friend of mine suggested ING. I know nothing about them but I'll do some research. He said they have .89% interest and that there aren't any fees. That's really all I'm after. I hate the way Chase charges for everything.
    Where you live would help, too.
  • ZWICK 4 PREZ
    dlazz;975018 wrote:Find a credit union. They're not out to make money like banks are.
    any business is out to make money or they wouldnt stay in business.
  • bases_loaded
    baseball4;974926 wrote:I currently back at Chase, but I'm tired of all the BS fees they have. Any of you have a savings account at a bank you would recommend? I mean, I'm trying to save money and make money on the interest for keeping my money in their bank. Chase wants to charge me every time I touch it. They've also been charging me a monthly credit card fee and I have a 0 credit card balance. I paid it off completely in May yet they kept charging me a monthly fee.

    Any suggestions??

    Did they enroll you in some protection plan BS? If so that's your monthly fee
  • dlazz
    ZWICK 4 PREZ;975040 wrote:any business is out to make money or they wouldnt stay in business.
    Banks put profit as #1 priority, Credit Union's put members as #1 priority.
  • Pick6
    ZWICK 4 PREZ;975040 wrote:any business is out to make money or they wouldnt stay in business.
    not according to these wall st protestors...shhhh
  • sleeper
    dlazz;975047 wrote:Banks put profit as #1 priority, Credit Union's put members as #1 priority.
    Just because they are non-profit doesn't mean they aren't out to make money. They just call the profit "surplus" and don't pay any taxes.
  • dlazz
    sleeper;975053 wrote:Just because they are non-profit doesn't mean they aren't out to make money. They just call the profit "surplus" and don't pay any taxes.
    Right, but they also flip you a dividend at the end of the year.

    Apparently I'm the only one who is a member of a credit union.
  • ZWICK 4 PREZ
    dlazz;975047 wrote:Banks put profit as #1 priority, Credit Union's put members as #1 priority.
    I could see that a Credit Union may be more "member friendly" but both see profit as #1 priority..they have to. The only difference would be possibly that a Credit Union doesn't hold profit as high of a standard as a typical bank would who have to answer to investors where the members are the investors at a Credit Union. But to think a Credit Union won't have fee's or even possibly gouge you, just because they are a Credit Union, would be a false assumption.
  • sleeper
    dlazz;975055 wrote:Right, but they also flip you a dividend at the end of the year.

    Apparently I'm the only one who is a member of a credit union.
    I'll take a national network of banks, and ease of access to my money over some lousy dividend.
  • ZWICK 4 PREZ
    dlazz;975055 wrote:Apparently I'm the only one who is a member of a credit union.
    I'm a member of a Credit Union and a bank. The reason I'm a member of both is b/c the Credit Unions services are very limited compared to a banks. Both have similar kinds of fee's though.
  • dlazz
    sleeper;975059 wrote:I'll take a national network of banks, and ease of access to my money over some lousy dividend.
    Most credit unions are members of credit union networks. If I wanted to drive to Montana and withdraw $5000 from my account, I could.

    In my experience, I've had better luck with CU's than banks...I use a CU exclusively.
  • sleeper
    dlazz;975068 wrote:Most credit unions are members of credit union networks. If I wanted to drive to Montana and withdraw $5000 from my account, I could.

    In my experience, I've had better luck with CU's than banks...I use a CU exclusively.
    Cool. Whatever works for you.
  • baseball4
    bases_loaded;975043 wrote:Did they enroll you in some protection plan BS? If so that's your monthly fee
    I'm going through the application right now.

    For whoever it was that asked, I live in Grove City, Ohio.

    I may only touch this account a couple of times a year. For me, it'll be a way to save up for a new car and save for the future. Not necessarily something I'll be getting into a lot.
  • dlazz
    baseball4;975082 wrote:For whoever it was that asked, I live in Grove City, Ohio.
    FWIW: Credit Union of Ohio serves central Ohio. There's a branch in Grove City.

    There's another one in central Ohio but I can't think of the name of it.

    More FWIW: The APY on a savings acct with CU of O is 0.10%
    Chase is 0.01%
  • Mooney44Cards
    What about USAA?

    Contrary to popular belief, you don't actually have to be in the military to belong. I've heard from several sources that they have awesome customer service. And apparently you can make a deposit at any UPS store.

    Also why are we talking about easy access to your money if its for a savings account?
  • baseball4
    Yeah, Chase is horrible. I'm not going to go through the headache of pulling my checking account from them because shockingly enough they don't charge any fees on my checking account. I will no longer use my credit card through them and will not open a savings account.
  • baseball4
    Mooney44Cards;975117 wrote:Also why are we talking about easy access to your money if its for a savings account?
    I may only touch this account a couple of times a year. For me, it'll be a way to save up for a new car and save for the future. Not necessarily something I'll be getting into a lot.
  • thePITman
    I looked into high-interest savings accounts a little while back. ING seemed like a good one. Many others on this site use ING, as well.

    www.ohiochatter.com/forum/showthread.php?24851-High-Interest-Savings-Accounts
  • UANyg
    I would highly suggest ING. I have a savings account with them, and .90% APY interest is one of the best out there. The one draw back is you have to wait like 2 business days for money to transfer out to another account if you want to withdraw, but for your situation that doesn't sound like a big deal.
  • dlazz
    Might be able to find a money market account. They have higher returns (typically) .