Nationsbank or Chase or ____ ? for an account with 10K++ ?

[dowxp]

I just received a sizeable sum of money that would pay through my college graduation. im currently in a crappy wells fargo free checking account and there arent really any great benefits. i just canceled their student credit card which had 20% apr, $20 annual fee, a crappy rewards program that required $30 i think... so, i just want to transfer to another bank where the only i would draw from my savings account every semester & use a basic checking account with $xxx minimum account. both chase, wellsfargo and nationsbank are within 1 mile from my house... my parents use nationsbank but they say its my money and its my decision.


edit: -- i just remembered its bank of america. i dont know why i still call it nationsbank. its been like 5 years.

 

[RossMAN]

Keep your current where it is or switch to another bank (all bank's suck - go with a LOCAL CREDIT UNION) or open a savings account with ING Direct which is FDIC insured just like the other "big boys" they're backed by one of Europe's largest banks and you can't beat their current 2.25% savings account.

Even though ING does not offer checking accounts you can easily move funds back and force between your bank and ING, it's fast, easy and free.

 

[Orsorum]

Boeing Employees Credit Union is what I use (here in Seattle). It's worked great for me.

I use ING direct for savings for the moment, USAA for investments and long-term savings.

 

[T2T III]

Since it's NationsBank intent to ship their technical jobs overseas, avoid them. Your tech workers of America will thank you.

 

[Ausm]

Originally posted by: RossMAN
Keep your current where it is or switch to another bank (all bank's suck - go with a LOCAL CREDIT UNION) or open a savings account with ING Direct which is FDIC insured just like the other "big boys" they're backed by one of Europe's largest banks and you can't beat their current 2.25% savings account. Even though ING does not offer checking accounts you can easily move funds back and force between your bank and ING, it's fast, easy and free.

I agree...also when the interest rate goes back up you will be raking in the cash. I opened an ING account 2.5 years ago when the current interest rate they were paying was 6.75%

Ausm

 

[dowxp]

cool. ign it is. =o

 

[brxndxn]

Open an account on Ameritrade and put all of it into AMD. Then, open a checking account where you can put periodic deposits/withdraws.