For those who like free money!

[ECartman]

Originally posted by: Mavtek

Originally posted by: ECartman

Originally posted by: Mavtek
...
No in order to get the %4 you need to maintain an average daily balance of at least $1k, it's not tiered past the minimum balance.
...

but your first $1K gets .6% ... that hurts especially if you only have a small amount like under $5K

No, you dont' have that right, once you have over $1000 your entire balance accrues at the %4 rate.

I checked with the bank and you are correct. I stand corrected.

 

[MrMaster]

Umbrella Bank
This is from April of 2003. Personal story I also took out the fax number and my previous employer's name. If this is thread crapping fine but I think this is just aweful what I wen through.



Umbrella bank can kiss my a**

Here is an email I sent to umbrellabank. »www.umbrellabank.com I took out my email, social security number, and phone number from the email.

Hello,

My name is , my social security is (I don't care if this is unsecure.) I have been going around and around with you people for over a month now. I applied online for an account and mailed in my deposit that very next day. I had received a letter stating that I needed to fax over proof of my address. I faxed over the proof next business day. I proceed to attempt to get an update on this situation via email(once) and through several phone calls in which I get 2 different answers. Either a) the check is being mailed back to me due to me being rejected (reason for rejection is unknown) or b) they haven't received proof of my current address. When I was told that they needed proof of my current address I had called on a Saturday and faxed over the proof last Monday. I called that day to verify the information was received. Today, being a Tuesday of next week I called again to find out what is going on due to it being over a week again with no response.

The personal banker today told me that the account is closed and a check was cut to be sent back to me due to me being rejected for an account.

You have to admit this situation is very bad looking on your part. You should be able to validate my story if you have some type of call tracking program. At the very least you should notice that this has been over a month! Now that you have completely pissed me off I have 1 request. Please fax over my rejection letter as proof that there is a check in the mail.

Below is a copy of the original email I had sent to find out what was going on.

You can fax it to my attention at xxx-xxx-xxxx. If you have problems faxing it please call me at the number listed below.

Sincerely

Internet Banking Supervisor
Bank
414

You can't notify me now why I was rejected? It certainly wasn't for chex systems.

"Customer Service"
02/28/2003 11:33 AM

To:
cc:
Subject: RE: internet banking login

Dear Mr ,

Based on the information provided, your application has been denied.
You will receive more formal notification from Risk Management in the
next few days. If you believe the application information you provided
is correct, you are welcome to ask the credit reporting agencies and
ChexSystems to update your information and re-apply. If you have
already made a deposit to this account, the deposit will be returned
shortly.

If you have any other questions or concerns, please feel free to e-mail
us at custservice@umbrellabank.com and we will make sure to get back to
you within 24 hours.

Note to customers: please do not include complete account numbers,
credit card numbers, or social security numbers in unencrypted e-mail
correspondence. If you have a common last name, just include the last
four digits of the account in question.

Sincerely,
Mary Margaret Fehrman
Customer Service
UmbrellaBank, fsb


-----Original Message-----
From:
Sent: Friday, February 28, 2003 10:45 AM
To: Customer Service
Subject: internet banking login

Hi

I had faxed over my drivers license and a copy of my cellphone bill to
verify it's me. I was wondering if everything has been verified now?
Also, does this have anything to do with me not being able to login into
the internet banking?

 

[esquared]

You really sent them an email with your SS # and said "My name is , my social security is (I don't care if this is unsecure.)"?:Q Or are you pulling our legs?

 

[Mavtek]

MrMaster

Unfortunately Umbrella requires a credit rating of 640 or more before they will allow you to have an account with them.

 

[Mavtek]

FYI Umbrella has raised it's MMA to 4.40% so it's even better now!