Originally Posted by jflynn4
Been with Ally for a couple years now for both savings and actually moved checking. Can't beat it for traveling since they have $0 fees for using any ATM and refund all other bank fees (even if you're using a foreign ATM). They're paying more on checking than most brick and mortar banks pay on savings with no minimum.
Never have had a problem and they're open 24/7 on the phone if you have a question.
I am now considering Capitol One 360 Checking for part of my emergency fund. Rates seem comparable to Ally and some of the others; and, they explicitly say they reimburse for foreign ATM withdrawals without any additional conversion fees.
While Ally may currently be reimbursing foreign ATM fees in practice, their FAQ's specifically exclude foreign ATM fees from their reimbursement policy.
I am wondering if anyone has specific experiences (positive or negative) with this 360 Checking account or Capitol One in general. I do have their CC for traveling since it has no foreign transaction fees; and, that never seems to get as good of an exchange rate as my Chase card which does not levy any fees for foreign transactions either. Other than the exchange rate, my experience has been fine, if somewhat limited, using their CC.