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09-05-2020, 02:34 PM
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#721
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 17,010
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Quote:
Originally Posted by Dash man
We decided to apply for a Costco Citi card a week ago. It took them a week to approve with only a credit limit of $5,000. Our credit score is ~830.
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After they removed the travel coverage, I only use my Costco Citi card for buying Costco gas, and in the future warrantied items for the warranty extension.
I have a BOA card that pays more than the Costco card for purchases in Costco and everywhere else, that is why I don't use the Costco card in Costco.
__________________
Fortune favors the prepared mind. ... Louis Pasteur
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09-05-2020, 05:14 PM
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#722
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2016
Location: Northern Virginia
Posts: 7,544
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Quote:
Originally Posted by jazz4cash
Thanks. Never heard of this place right in my backyard. Looks like a solid community bank. No IRAs online, though.
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They just dropped to .80%.
That's the way of the world.
I got a pretty good CD there as I said, but that was a while back. I think as these mature they are going back to some ST bind funds.
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09-05-2020, 10:40 PM
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#723
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 17,010
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__________________
Fortune favors the prepared mind. ... Louis Pasteur
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09-06-2020, 07:08 AM
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#724
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2016
Location: Northern Virginia
Posts: 7,544
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Quote:
Yes. Can only hope the bind is in fact ST.
I try to avoid long-term binds.
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09-06-2020, 02:21 PM
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#725
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Recycles dryer sheets
Join Date: May 2015
Posts: 85
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Quote:
Originally Posted by Sojourner
I have no first-hand knowledge of Citi's online savings accounts, but I have read numerous posts on several different forums (including here at e-r.org, I think) that Citi is one of the worst at paying sign-up bonuses in a timely fashion. Many different kinds of problems and issues have been reported. I would advise you to do more research on this offer before taking the plunge.
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Thanks for the tip. I will research a little bit more. As an aside, CapitalOne360 already gave me the bonus that was offered. I think it ended up bing something like 5 days after meeting the required timeframe for the bonus! I was impressed! I'll close that account soon.
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09-06-2020, 02:23 PM
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#726
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,264
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Quote:
Originally Posted by BergLust
Thanks for the tip. I will research a little bit more. As an aside, CapitalOne360 already gave me the bonus that was offered. I think it ended up bing something like 5 days after meeting the required timeframe for the bonus! I was impressed! I'll close that account soon.
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I just took out everything other than $100 rather than close it... if their rates get competitive or they have another bonus offer then i'll be all set.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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09-06-2020, 02:35 PM
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#727
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Posts: 11,701
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Quote:
Originally Posted by pb4uski
I just took out everything other than $100 rather than close it... if their rates get competitive or they have another bonus offer then i'll be all set.
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I know you checked on this, pb4, so my comment is in general.
Be careful about leaving small amounts in accounts! Some banks have punitive "monthly service fees" on low balances. You have to read the most current fine print. Most of the on-line banks are OK. Some of the brick and mortar banks have outrageous fees if you don't keep a balance of 2 to 5k. That $100 can be drained away in a matter of a few months. Many of these fees were added in recent years and awareness may have been missed.
__________________
Retired Class of 2018
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09-06-2020, 02:41 PM
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#728
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,264
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Quote:
Originally Posted by JoeWras
I know you checked on this, pb4, so my comment is in general.
Be careful about leaving small amounts in accounts! Some banks have punitive "monthly service fees" on low balances. You have to read the most current fine print. Most of the on-line banks are OK. Some of the brick and mortar banks have outrageous fees if you don't keep a balance of 2 to 5k. That $100 can be drained away in a matter of a few months. Many of these fees were added in recent years and awareness may have been missed.
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Actually, I hadn't checked that Joe, but it crossed my mind to do so. I will check but was being lazy and would have closed it at the first charge.
ETA:
I think I'm safe:
Quote:
Fees - The following fees may be charged to your account:
- If we agree to process an outgoing domestic wire transfer for you, the cost per wire will be $30.00.
- A statement copy charge of $5 per statement will be charged for statements generated within the last 2 years.
- If you present us with a foreign check, we will not charge a fee, but the paying bank may deduct a fee from the proceeds.
- A Cashier's check purchased at a Capital One location is $10.00.
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__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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09-06-2020, 08:50 PM
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#729
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Recycles dryer sheets
Join Date: May 2015
Posts: 85
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Quote:
Originally Posted by pb4uski
Actually, I hadn't checked that Joe, but it crossed my mind to do so. I will check but was being lazy and would have closed it at the first charge.
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I had a look at this before I put the request in to move my money back to Ally. Here are the details.
Ally is my "hub" because they allow their online account to be held in the name of the trust. From what I understand, CapitalOne360 does not. So, if I ever go back to CapitalOne360 it'll just be for a short term bonus play...which in that case, the earlier I close the account, the better to try and avoid "time since last holding an account" issue in the T&C. :-)
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09-07-2020, 04:35 AM
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#730
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Posts: 11,701
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Here's one set of rules from a brick and mortar bank, PNC. Just be aware when moving around the cash. Check your bank.
https://www.pnc.com/content/dam/pnc-...ceChargesA.pdf
Quote:
Performance Checking
Minimum Deposit to Open .................................... $25.00
Monthly Service Charge ....................................... $15.00
No Monthly Service Charge if you meet any one of thefollowing:
● $2,000.00 average monthly balance in this account
<etc., other rules>
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__________________
Retired Class of 2018
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09-09-2020, 12:03 PM
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#731
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Thinks s/he gets paid by the post
Join Date: Mar 2012
Posts: 3,931
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Marcus moves to 0.60%
"We’re writing to let you know that effective today, the rate on our Marcus Online Savings Account has been adjusted to 0.60% from 0.80% APY"
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09-09-2020, 12:15 PM
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#732
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,229
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Quote:
Originally Posted by njhowie
Marcus moves to 0.60%
"We’re writing to let you know that effective today, the rate on our Marcus Online Savings Account has been adjusted to 0.60% from 0.80% APY"
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Ally can't be far behind.
__________________
TGIM
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09-09-2020, 01:58 PM
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#733
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Posts: 11,701
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Droppin' like rocks!
__________________
Retired Class of 2018
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09-09-2020, 02:55 PM
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#734
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,309
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Quote:
Originally Posted by njhowie
Marcus moves to 0.60%
"We’re writing to let you know that effective today, the rate on our Marcus Online Savings Account has been adjusted to 0.60% from 0.80% APY"
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Dayum. That was fast. It makes the .10% AARP bonus more valuable, though.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
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09-09-2020, 04:07 PM
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#735
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Posts: 11,701
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Quote:
Originally Posted by jazz4cash
Dayum. That was fast. It makes the .10% AARP bonus more valuable, though.
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I'm considering joining AARP just for that.
__________________
Retired Class of 2018
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09-09-2020, 04:26 PM
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#736
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,229
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Quote:
Originally Posted by JoeWras
I'm considering joining AARP just for that.
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It's come down to 10 bps types of decisions.
__________________
TGIM
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09-09-2020, 05:42 PM
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#737
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2007
Posts: 13,202
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Quote:
Originally Posted by jazz4cash
Dayum. That was fast. It makes the .10% AARP bonus more valuable, though.
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Percentage wise, yes, but it still amounts to $1 per $1000. I really like how I don't get much junk snail mail anymore. Do I really want to join AARP and change that? Not unless someone convinces me that has changed.
I moved my cash out of VG's MM fund to Penfed's Premium Savings (0.80%) but I'm not going to keep bouncing around for a fraction of a percent. And I'm not going to lock in on a CD either, unless it has no penalties for pulling all money out.
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09-09-2020, 05:50 PM
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#738
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,666
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Methinks folks are posting here because they are bored!
Anything under 1 - 2% are not worth posting.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
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09-09-2020, 06:08 PM
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#739
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Thinks s/he gets paid by the post
Join Date: Mar 2012
Posts: 3,931
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Quote:
Originally Posted by ShokWaveRider
Anything under 1 - 2% are not worth posting.
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You want this thread to go dark?
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09-09-2020, 07:06 PM
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#740
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,309
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Quote:
Originally Posted by RunningBum
Percentage wise, yes, but it still amounts to $1 per $1000. I really like how I don't get much junk snail mail anymore. Do I really want to join AARP and change that? Not unless someone convinces me that has changed.
I moved my cash out of VG's MM fund to Penfed's Premium Savings (0.80%) but I'm not going to keep bouncing around for a fraction of a percent. And I'm not going to lock in on a CD either, unless it has no penalties for pulling all money out.
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Wow. Tough crowd. I don’t get much junk mail from AARP, I wasn’t advocating for joining to get the bonus, and I’m not trying to change your mind. I just thought it might remind some readers that didn’t know about it or never got around to signing up.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
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