Pete Posted June 28, 2012 Share Posted June 28, 2012 HSBC's rates are shit. Considering changing banks for my savings. Who do you all use? Is it safe to just go with the bank with the best rate? That currently CIT Bank. Discuss here. Link to comment Share on other sites More sharing options...
CreaseCrusader91 Posted June 28, 2012 Share Posted June 28, 2012 TD Bank for now for student checking. Need to get a new account since I will be at Oswego so I have to start looking. All standard checking fees are waived since I am currently a student which is good. Link to comment Share on other sites More sharing options...
NYRangers92 Posted June 28, 2012 Share Posted June 28, 2012 using PNC because its affiliated with my school. Pain in the asshole when I'm in NY though, but there are a few branches in NYC Link to comment Share on other sites More sharing options...
Fuhgeddaboudit Posted June 28, 2012 Share Posted June 28, 2012 I have HSBC savings as well, maybe I should change to Citibank I hear is good. Not sure why Link to comment Share on other sites More sharing options...
quick release Posted June 28, 2012 Share Posted June 28, 2012 TD bank is the greatest. The branch I signed up with in Maine was open until like 6pm on Sundays. 7 days a week. They were open til like 7pm on Saturdays. Plus the customer service has always been top notch. The most important thing though is ATM fees. How do we get away from these? Are there any banks that don't charge for withdrawals at other banks' ATMs? Link to comment Share on other sites More sharing options...
NYR2711 Posted June 28, 2012 Share Posted June 28, 2012 I have bank of America, they aren't too bad. Your best bet is a credit union, but the problem is that they are usually only confined to one area. I had Suffolk Federal Credit union and was making more interest, but they are only on Long Island, so working in the city I needed a bank I could run to if I needed some money, so that's why I changed. Link to comment Share on other sites More sharing options...
Niagaraiceman Posted June 28, 2012 Share Posted June 28, 2012 I have bank of America, they aren't too bad. Your best bet is a credit union, but the problem is that they are usually only confined to one area. I had Suffolk Federal Credit union and was making more interest, but they are only on Long Island, so working in the city I needed a bank I could run to if I needed some money, so that's why I changed. Most Credit Unions these days have partnerships where you can use your ATM/Debit card with any participating Credit Unions ATM fee free. That was the biggest perk when we joined ours. That and the 2.99% Auto loan rate and 5% debt consolidation rate. Not so sure what the rate is on savings though. Link to comment Share on other sites More sharing options...
Blue Heaven Posted June 28, 2012 Share Posted June 28, 2012 I just opened a savings account for my daughter at TD Bank b/c they have a penny arcade and I have LOTS of coins to count. Anyways the rep told me that im getting "a great rate".....0.5%....I said "WHAT? Thats a great rate?" I remember when interest rates were like 3-5%...To have the audacity to tell me im getting a great interest rate was baffling. I use Chase for my savings but thats just for my convenience. Link to comment Share on other sites More sharing options...
Niagaraiceman Posted June 28, 2012 Share Posted June 28, 2012 I just opened a savings account for my daughter at TD Bank b/c they have a penny arcade and I have LOTS of coins to count. Anyways the rep told me that im getting "a great rate".....0.5%....I said "WHAT? Thats a great rate?" I remember when interest rates were like 3-5%...To have the audacity to tell me im getting a great interest rate was baffling. I use Chase for my savings but thats just for my convenience. Worst part is, if you get hit with any fees, there goes any interest you earned in that account. Link to comment Share on other sites More sharing options...
Pete Posted June 28, 2012 Author Share Posted June 28, 2012 I'm going to put my money in and let it sit there...So I'm mainly concerned with interest rate. Link to comment Share on other sites More sharing options...
Niko Posted June 28, 2012 Share Posted June 28, 2012 A friend of mine used to SWEAR by http://home.ingdirect.com/orange-savings-account I know they've lowered their rates in recent years, but he was a big fan back in the day. Link to comment Share on other sites More sharing options...
Niagaraiceman Posted June 28, 2012 Share Posted June 28, 2012 I'm going to put my money in and let it sit there...So I'm mainly concerned with interest rate. Are rates any better of Certificates of Deposits? I'd look, but I am not sure what banks are down there Link to comment Share on other sites More sharing options...
Blue Heaven Posted June 28, 2012 Share Posted June 28, 2012 A friend of mine used to SWEAR by http://home.ingdirect.com/orange-savings-account I know they've lowered their rates in recent years, but he was a big fan back in the day. I actually use ING for another savings account b/c they did at the time have the best interest rates...Its down to like 0.8% now. Link to comment Share on other sites More sharing options...
Pete Posted June 28, 2012 Author Share Posted June 28, 2012 That CIT bank is offering 1%, but I've never heard of them... Link to comment Share on other sites More sharing options...
Blue Heaven Posted June 28, 2012 Share Posted June 28, 2012 You could use http://www.smartypig.com/ Link to comment Share on other sites More sharing options...
viventi Posted June 29, 2012 Share Posted June 29, 2012 HSBC's rates are shit. Considering changing banks for my savings. Who do you all use? Is it safe to just go with the bank with the best rate? That currently CIT Bank. Discuss here. I use HSBC for my savings too...I just got an email yesterday saying they're going to lower my interest rate (for the 4092th time)....all I could do is laugh. Link to comment Share on other sites More sharing options...
Pete Posted June 29, 2012 Author Share Posted June 29, 2012 Even if it's a difference of .5%, I'm just not sure that CIT bank is reputable, never heard of them. Link to comment Share on other sites More sharing options...
viventi Posted June 29, 2012 Share Posted June 29, 2012 I would be weary going with a bank I never heard of. I honestly only went with HSBC because at the time their interest rate was one of the highest and they don't have branches near me. I wanted an account I could just electronically transfer money into and not easily take money out of, so I don't spend it on stuff I don't need. I opted to not take a debit card from them too just for that reason. Link to comment Share on other sites More sharing options...
Pete Posted June 29, 2012 Author Share Posted June 29, 2012 Yea, same. But not their rate is shit. I might just go to ING for my savings. Link to comment Share on other sites More sharing options...
viventi Posted June 29, 2012 Share Posted June 29, 2012 I have an ING account too...I took all my money, save like $50, out of it to put into the HSBC. I should check what the interest for my ING is now. Probably not worth the hassle of moving it. Link to comment Share on other sites More sharing options...
Pete Posted June 29, 2012 Author Share Posted June 29, 2012 .80 compared to HSBC's .50. Not worth it unless your savings acct is substantial. Link to comment Share on other sites More sharing options...
viventi Posted June 29, 2012 Share Posted June 29, 2012 It's a decent amount, even though it isn't worth it for a .30% difference...but I'm not gonna post that on here anyway. Too much of a hassle to move the money. Interest rates are pathetic these days. I'm thankful I've been able to invest in the stocks at work...banks could never touch that. Link to comment Share on other sites More sharing options...
Pete Posted June 29, 2012 Author Share Posted June 29, 2012 Yea, but you can lose it all in an instant LOL. Banks keep your money (relatively) safe. Link to comment Share on other sites More sharing options...
viventi Posted June 29, 2012 Share Posted June 29, 2012 Very true...I'm well aware, believe me. It can be unnerving thinking about it. It's weird even saying "I have this much cash in stocks" because it's really not money I actually have. I get pissed when the stock goes down like 8 bucks in a day, it fluctuates a lot. About 3/4 of my shares were bought for less than $115 dollars, so unless Apple tanks around $450 in a short time, I'll be fine. I'm not sure what the ratio of what I put into stocks versus how much I've gotten out of them...but I know it's extremely high. I started buying into Apple when it was around $45. I've thought about cashing about half of it and just putting it into savings, but as of right now, it's still making me money so why bother. Link to comment Share on other sites More sharing options...
Patrick Bateman Posted June 4, 2013 Share Posted June 4, 2013 Any tips for what to shoot for when asking for a credit line increase? I have the same limit on my card as I did when I was 18 and was working 20 hours a week and never during the school year Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.