I would like to open an online checking account that is free - charges no monthly maitenance fee. Also I'm looking for this online checking account to be able to be opened and maintained online only, meaning, no need to go into an actual bank local to open up and maintain the account. NetBank is a really good one and I already have a checking account with them, but they charge me an $8.00 monthly maintenace fee and so I'd like to see if there's a bank available that offers totally free checking and with the other requirements I mentioned above.
2007-08-08 07:04:23 · 5 answers · asked by newmommie 1 in Business & Finance ➔ Personal Finance
I read this on the ING Direct site:
1. Do I have to change banks?
No. In fact to have an account you must have a personal checking account with another institution. We then link your personal checking account to your Orange account. You can easily transfer funds from or to your Orange account without charge. Do transactions online at ingdirect.com, by using the Interactive Phone System or by calling an ING DIRECT associate. Funds generally move between your Orange account and your linked account within 2-3 business days.
So this means I do actually MUST already have a Checking Account open somewhere else first to be able to open up an account with ING Direct then and that's not what I'm looking for. I'm looking to drop NetBank all together and just having open one checking account that offers FREE checking unlike NetBank which like I said is charging me an $8.00 monthly maintenace fee. NetBank does offer free checking but they wouldn'd let me switch my current acct to the free one.
2007-08-08 07:36:00 · update #1
yoaaaaa I have actually already tried Bank of America and they wanted me to fund my account for the first time at an actual Bank of America because there was actually one in my town where I live so BOA is not an option for me. I need to find a bank / branch that is not located here locally. Anyone had any experience with Chase Bank online?
2007-08-08 08:26:40 · update #2
Why do you want to do an online one?....Every bank that is open in the US has a Totally Free Checking account, I'm sure.
But the online ones, I'm pretty sure Capital One has one...and possibly State Farm Bank...You may want to check into Washington Mutual - haven't heard alot of good things about them recently, but you could still check them out. Hope I have helped some.
2007-08-08 07:07:52 · answer #1 · answered by Anonymous · 0⤊ 1⤋
INGDIRECT has free checking and online banking. They are very easy to set up and very secure. I have had my savings account through them for the past three years. Their checking account is new and has a very nice interest rate so you can actually build interest of the money you place in your account without technically needing a savings (I recommend a savings however so you actually can build up rather then dipping into it too much). I am not switching my checking account over simply because I have twelve years with my other bank and I am well established there with bills and automatic payments.
I am sure there are others however so shop around and listen to other responses to find out what is best for your needs.
2007-08-08 07:11:30 · answer #2 · answered by Rebecca 1 · 0⤊ 0⤋
Simple answer: Bank of America, they dont charge anything for a checking acct, no fee for any inactive acct, you never need to go into an actual bank if u dont want.
They are probably the #1 bank in U.S. , this should enough to insure the quality of the service.
Did they ask you to go into the local bank because there is one? That's absurb. They offer real time chat for customers online, talk to them online or just fill out the application online, that's how I did it.
I dont suggest you to believe everything they told you on the phone, sometimes they just want to hang up the phone asap, they dont care wether the solution fits your need or not.
And no, i never tried chase.
2007-08-08 07:39:01 · answer #3 · answered by yoaaaaa 2 · 0⤊ 0⤋
That's funny how you absolutely don't want a local branch? Is there a problem? Are you trying to open an account under someone else's name? Why do you care if they have local branch? That is strange. But you may try this bank, they do require minimum balance, but I think that requirement is waved if you have direct deposit.
https://www.everbank.com/
2007-08-08 09:05:26 · answer #4 · answered by Alexander K 3 · 0⤊ 2⤋
ING is totally free and they pay you interest.
2007-08-08 07:08:49 · answer #5 · answered by Anonymous · 0⤊ 0⤋