Is there such a thing as a checking account with a debit card that may help with getting a credit card in the future? I want to keep the account I currently have but need something better with a debit card. My mom wants me to get an account with Wells Fargo because she has one there and she also has a Visa card with them, but I'm not so crazy about them. My first thought was to go with Ally Bank, but they don't have credit cards and I keep getting told to go someplace where they have everything. I've been looking real hard at this online only account that Bank of America has, no fees providing you don't have to go into a bank branch and since there isn't one in my state, not much chance of that. I've also considered US Bank since I already have a secured credit card with them.
I know I need better credit cards but that the rate things are going, it's going to be a long time. Currently I have over $1,000 wrapped up in 2 secured cards and I don't see much point in adding more funds to the cards since I can only use each card for one small purchase each month regardless of the credit limit I have.
The other day my bank's ATM ate my debit card. It sucked the card in then displayed on the screen, "Unable to complete transaction, mechanical failure". It wouldn't even let me put in my PIN and wouldn't give my card back. The bank was closed and when I called in they said all they could do was freeze the card and I would have to wait until the bank opened the next day. The next day I went into the bank to see about getting my card back, but they said my card was shredded for security purposes and it would be a $15 fee to get a replacement. I asked about having my daily spending limit raised because I said $200 per day just wasn't enough. Today I get a letter from the main branch, since I've been over my daily spending limit several times this past month, my limit has been reduced to $150.
There's getting to be so many places around here that don't take checks, it's cash, debit or credit. Due to recent counterfeiting problems, some places won't take bills larger than a 20. I could easily add funds to my Capital One card, use it like a debit card and pay it off every week, but it's not really like using these cards more is going to get me better cards.
I've tried several credit unions without much luck, I'm totally lost in the world of credit unions so I'm going to need someone to go with me and show me where to go. I really don't have that kind of time right now, so maybe down the road.