Where to Report Worst Banking Practices?

A place to discuss anything... except credit cards!
whit
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Postby whit » Wed Jan 29, 2014 9:13 pm

+ bofa doesn't offer ebanking anymore (wtf did I have to type that four times before it doesn't autocorrect?)

You need direct deposit

They stopped giving hello kitty bank cards?

I shut it and switched over to capital one / before ING debit, got a nice cash bonus too :ppp


TheLethargicAge
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Postby TheLethargicAge » Wed Jan 29, 2014 10:21 pm

djrez4 wrote:You're not helping.


Yeah, that was unnecessarily harsh and uncalled for. I apologize, s.jessica. However, I do think you should research these things a bit more.
Blue Cash Preferred ($24K), Costco TrueEarnings ($8K), Better Balance Rewards ($6K), CashForward ($15K), Sallie Mae Rewards ($10K), Quicksilver ($17K), AARP Rewards ($15K), Freedom ($15K), Double Cash ($16.5K), It ($28.5K), Fidelity Investment Rewards ($18K), Cash+ ($11K)

s.jessica
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Postby s.jessica » Mon Feb 03, 2014 11:06 pm

Just an update, I received my debit card in the mail today. All the hours I spent searching, I didn't find anyplace where it said it could take up to 2 months to receive a debit card, everything said 7 to 10 days. I know they are kind of new so maybe it takes a little longer. You also have to be careful when reading reviews because some folks chimed in and reviewed the Green Dot prepaid card under GoBank reviews.

MemberSince99
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Postby MemberSince99 » Tue Feb 04, 2014 6:38 am

Ever hear of "shill reviews"? Seems to be a more common thing all the time. I worked for an IT consulting company which frankly blew so I wasn't there long (just long enough to figure out I needed to leave). I Googled them one time for kicks and giggles, and there was one review of them on Google. I clicked it, and recognized the name right away - it was one of the salepeople from the place, who said "XZY is the best consulting company in southeastern WI every time I call there someone helps me out right away!". Yeah buddy I'm sure you call your own company a lot for help don't you.


Take them with a grain of salt.

s.jessica
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Postby s.jessica » Tue Feb 04, 2014 1:20 pm

What good does it do to research something when you might be getting bogus information anyhow? Anyhow it's over and done with. My mom had a friend come over, they left me $60 in cash and took the card.

I hate having someone think they have to step in fix my mistakes and treat me like a little kid all the time. Since the most they can spend is the $50 that I have on the card and they left me cash for $10 more than what was on the card I guess it's a better deal than what I should be getting. In a chat with Gobank they said the most that can be spent off the card is the $50, if they try spending $50.01 the card would be declined. Gobank does not allow accounts to overdraft. So I guess most people here would agree they did me a favor and there's nothing I can do about it.

darkguy2
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Postby darkguy2 » Tue Feb 04, 2014 5:03 pm

Generally the more reviews something has the higher the chance that they will be accurate. Always be wary of items that only have a handful of stellar reviews. If available I look at the top positive review that others found helpful then at the top negative. Then I look at the mid range reviews (3-4 stars). These are more realistic most of the time as fake ones will either be 5 stars to boost the score or 1/0 stars to try to hurt it. Also try to stick to the more reputable sites such as Amazon and such. They even have a credit marketplace. I have bought a lot of stuff online and this is what I do.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

augiedog
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Postby augiedog » Wed Feb 05, 2014 4:38 pm

s.jessica wrote:In a chat with Gobank they said the most that can be spent off the card is the $50, if they try spending $50.01 the card would be declined. Gobank does not allow accounts to overdraft. So I guess most people here would agree they did me a favor and there's nothing I can do about it.


Go to the grocery store and buy enough groceries to cover $50. Ask the clerk to process your GoBank card as a $50 transaction, then pay the rest in cash or another card. Or just buy a $50 gift card from the store. You're never going to stop eating, right?
American Express: Blue Cash Everyday (10k), Everyday, ; Discover It (7.3k) ; Target (2.1k)

Citi: Diamond (2k) ; Bank of America: Cash Rewards (2.6k) ; Capital One: Quicksilver (3k) , Sony ; Chase: Freedom (3.7k), Slate (3k), (Amazon) ; Barclay Ring ; Synchrony: Walmart MC, Amazon, Ebates

MemberSince99
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Postby MemberSince99 » Wed Feb 05, 2014 6:49 pm

augiedog wrote:Go to the grocery store and buy enough groceries to cover $50. Ask the clerk to process your GoBank card as a $50 transaction, then pay the rest in cash or another card. Or just buy a $50 gift card from the store. You're never going to stop eating, right?




I did, for a day, when I was sick.

augiedog
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Postby augiedog » Wed Feb 05, 2014 7:39 pm

MemberSince99 wrote:I did, for a day, when I was sick.


Then you better go with a walgreens gift card.

Jessica, if you want an online checking account there are a few others to choose from. I heard "Simple bank" doesn't charge any fees. It might still be invite-only though. Capitol One 360 sounds even better since they charge no fees, are a real checking account that gives you a checkbook, and you even gain interest on your balance (it works out to very little though). However, I've never tried any of these banks.

s.jessica wrote:Does anyone know what it feels like to have to step aside and let your parents fix things for you?


Well... My dad went to AT&T and dropped my unlimited plan for my iPhone last Friday. He thought he made no contract changes and was getting a great deal. He instead signed up a $650 loan from AT&T and dropped my unlimited plan (again - this is a big deal to me). First I called them up, got a customer service assistant right on the second ring, and negotiated for 10 minutes. They gave me a $40 credit for the trouble and converted my plan back. Then I grabbed him, took him to the store, and I argued with the store manager for two hours while he just watched me from aside. I can see he was in an uncomfortable situation, like your parents put you in, but wasn't it for your best interest? Be thankful you have someone who will fight for you to be treated right!
American Express: Blue Cash Everyday (10k), Everyday, ; Discover It (7.3k) ; Target (2.1k)

Citi: Diamond (2k) ; Bank of America: Cash Rewards (2.6k) ; Capital One: Quicksilver (3k) , Sony ; Chase: Freedom (3.7k), Slate (3k), (Amazon) ; Barclay Ring ; Synchrony: Walmart MC, Amazon, Ebates

s.jessica
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Postby s.jessica » Fri Feb 07, 2014 4:14 am

Well, my parents won't let me open any bank account on my own, they just think they found me the best account possible and that's that. I'm 30 years old, they are so afraid I'm going to make a mistake they watch me like a hawk then when they see something wrong they are on it like flies on s***. What I wanted was a separate account from my main account to keep a few $$$ in for those times I want to do something I don't want them to know about. I just hate being questioned about all those little things like who I bought lunch for and what I was doing in a different town. I just figured with Gobank I could elect to pay them $0 for a monthly fee, put a few $$$ on the card then if I want to order something I can have it shipped here and nobody questions it.

When I asked a couple of banks, they did tell me prepaid cards would be a better deal than a regular bank account if I only wanted to keep a few $$$ in it for spending money. My parents get my banks statements so they see what I'm paying for rent and stuff, but what can they say about rent, phone, electric, etc.? Those are just all bills that have to be paid. They won't let me change the address on my current checking account so I thought open an account with another bank, but as soon as they find out their response has been to step in, take over and close the account for me.

Would it really be that big of a deal if I tried using something like Gobank? I just checked online and they spent the card down to $2.35. They didn't close the account, they just spent the money down, so if I reported the card stolen, Gobank would just send me a replacement card and this time they wouldn't have a clue that I had it because they would think they closed it. I don't think I could trust a bank without local branches with money I can't afford to loose. I did look into US Bank, but these days you have to hunt for a checking account that doesn't charge fees so what we've found is some prepaid cards like Amex Bluebird are cheaper than bank accounts. US Bank wants a $7 monthly fee for their checking accounts in months were total direct deposits are under $1,000.

I suppose we could argue with direct deposit and online banking there should never be any need to switch banks because there is no need for a local branch.



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