Do You Use a Bank or Credit Union?

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Re: Do You Use a Bank or Credit Union?

Postby CarefulBuilder14 » Thu May 28, 2015 5:16 pm

obxfisherman wrote:
CarefulBuilder14 wrote: I split my investments mostly between Fidelity and Vanguard.

If you don't mind me asking what do you hold in each generally speaking? Is Vanguard the company to park your IRA using a target date retirement fund? Is Fidelity more for your non retirement, regular investment type transactions?

Fidelity is for individual stock positions in a taxable account, as well as my IRA (which is entirely low-cost, commission-free index ETFs).

Vanguard is for taxable Vanguard ETFs.

I don't use target date funds for anything.

I gave some brief reviews on page 4 of this old thread:
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card, Delta Gold, Aviator Red, BofA Travel

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Re: Do You Use a Bank or Credit Union?

Postby PhillyPhoto » Fri May 29, 2015 10:43 pm

I had BoA for years. I don't move a lot or really travel great distances, so that's not a selling point for me. I switched to a local bank a few years ago and I get all ATM fees refunded, so not being with a big bank with a lot of ATMs isn't a big deal to me any more. I have 2 sets of accounts with them, one for my monthly bills that use auto-pay, and then one for everything left over.

I opened a Citizen's Bank checking account because I get an extra .2% or something like that on my cashback if it goes into that account. I have my car loan through them too, so I setup a portion of my direct deposit to cover that loan every month and now it's on auto-pay.

Finally, I opened a new personal loan with a local credit union to get a lower APR, and I had to have an account with them to open it. I did the same with them as Citizen's, so I have enough deposited to cover the monthly payment.
Main Cards:
Amex: Ameriprise Plat, Surpass
Chase: Hyatt

Sock drawer Cards:
Amex: HHonors
Chase: Amazon Rewards, Freedom
Citi: Macy's Amex, Simplicity, ThankYou
Citizens Bank: Cash Back Plus World
Discover: it
Elan: Bank Rewards
Synchrony: PayPal

755 Eq (12/16)|748 TU (12/16)|726 Ex (1/17)

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