Best Bank / CU for Checking? Need 1-day ACH

[24601NoMore]

Hey, everyone. Looking for recommendations for a "hub" bank with good checking and savings accounts - 1 day ACH (must-have), no fees, ATM reimbursement, etc.

Any suggestions?

TIA..

 

[Dash man]

Hey, everyone. Looking for recommendations for a "hub" bank with good checking and savings accounts - 1 day ACH (must-have), no fees, ATM reimbursement, etc.

Any suggestions?

TIA..

I know when I transfer money from my Schwab checking it only takes a day.

 

[RetireAge50]

NavyArmy CU

3% first $25,000
Reimbursed ATM fees
1 Day ACH

The Catch: Must live in South Texas. 10 debit card transactions which I do 10 $1 Amazon gift cards applied to my account.

 

[xlf11]

Sofi checking/saving now 1.25% with DD. If you withdraw early day, it will probably show up in the afternoon the same day.

 

[Montecfo]

Hey, everyone. Looking for recommendations for a "hub" bank with good checking and savings accounts - 1 day ACH (must-have), no fees, ATM reimbursement, etc.

Any suggestions?

TIA..

My suggestion is to not expect this from a bank. I use my broker--much higher limits.

Not familiar with one day availability on ACH transfers.

 

[jazz4cash]

Sofi checking/saving now 1.25% with DD. If you withdraw early day, it will probably show up in the afternoon the same day.

Wow. I’ll probably check into this. Looks like 1.25 % on checking and savings up to 150k. Thanks

 

[mebden]

Wow. I’ll probably check into this. Looks like 1.25 % on checking and savings up to 150k. Thanks

You may also check out Bask Bank they at 1.25% right now

 

[xlf11]

Wow. I’ll probably check into this. Looks like 1.25 % on checking and savings up to 150k. Thanks

It could be even better if you could get your DD before 5/31 for additional bonus:
https://www.sofi.com/banking/

 

[tulak]

I use a Fidelity Brokerage account. Works well for me.

I also have a Schwab checking account for no-fee foreign ATM withdrawals. Even though nowadays with Apple Pay/touch-less credit cards, I rarely use cash.

 

[Bamaman]

I hate to say it, but my Wells Fargo account has been great for the last 29 years.

Their bookkeeping system is fantastic. And I have a $10K overdraft line of credit where I don't have to closely watch my checking balances. If it goes in the negative, I'll bounce the money in the account from my credit union.

I could get the same service at the credit union, but their bookkeeping system stinks.

 

[jazz4cash]

You may also check out Bask Bank they at 1.25% right now

It looks like they don’t offer checking? One thing I really like about Sofi is they say it is a combined checking/savings account. That makes a lot of sense to me. Due to the 6 transaction per month limit on bank savings accounts I need to maintain multiple accounts paying .05-0.7%

 

[calmloki]

We move pretty substantial amounts around fairy often and I am still loyal to Ally bank. They have high daily/monthly transfer limits and the ACH length of transfer times seem more based on the location of the receiving bank than anything else. Paying 0.6% right now. They are our hub, linked to most of our other accounts, and are easy and fast to work with if we need to send a wire to fund a property loan.

Edit: BofA continues not to impress, though I'm trying to be excited about the 2.62% cashback card. They are just painful to work with. Chase is better, but Ally is our go-to for responsiveness and workability. We have some cash sitting in a T-mobile Money account making $400/year more/100k, but it has all sorts of other drawbacks that Ally doesn't: I use Ally to pull and push money to/from T-Mobile to go around some of the drawbacks.

 

[corn18]

WHy the need for speed on the ACH? Is that requirement for incoming and outgoing ACH?

When I need speedy outgoing transfers, I just have Fidelity wire it from my cash management account. Takes 20 minutes to get there and it's free. Gigantic limits. Incoming wires are posted immediately. ACH is a crapshoot on the way in but one day on the way out.

 

[ShokWaveRider]

We have used local Credit Union for years with no issues and no fees. Not sure why anyone would use a bank these days.

 

[Cobra9777]

I use a Fidelity Brokerage account...

+1

We use a Fidelity CMA. It functions exactly like a checking account but it's under the same roof as all our other money. So transfers are immediate.

No fees, minimums, or goofy requirements. Free checks. ATM fee reimbursements. A 2% cash-back CC. Bill pay. Cash manager tool. Great website. Full View (a Quicken-like in-house account aggregator). Excellent security. Brick and mortar about 20 minutes away if needed.

 

[PatrickA5]

+1

We use a Fidelity CMA. It functions exactly like a checking account but it's under the same roof as all our other money. So transfers are immediate.

No fees, minimums, or goofy requirements. Free checks. ATM fee reimbursements. A 2% cash-back CC. Bill pay. Cash manager tool. Great website. Full View (a Quicken-like in-house account aggregator). Excellent security. Brick and mortar about 20 minutes away if needed.

+2

We use Fidelity as a one-stop-shop. Moved the remaining $25K in Ally over last month. Now that the Money Market Funds are moving in the right direction, I don't have a need for Ally for my short term cash savings. Rate for SPRXX was .46% this morning and I'm guessing it will pass Ally's .60% soon.