Comments on: Online Bank Savings Accounts and My Experience With iGObanking http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/ ... where my idea of splurging is feeding my cat Fancy Feast. As a full-time student with a limited income stream, follow my journey in obtaining financial awareness and prosperity Wed, 01 Feb 2012 07:45:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Annie http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-425 Annie Sun, 08 Apr 2007 05:22:28 +0000 http://www.brokeass-student.com/?p=22#comment-425 Hello, I've never had a savings account before and was thinking about opening one with igobanking after reading this...what I would like to know is can you withdraw money from the account at anytime without being charged a penalty? Thanks! Hello, I’ve never had a savings account before and was thinking about opening one with igobanking after reading this…what I would like to know is can you withdraw money from the account at anytime without being charged a penalty? Thanks!

]]> By: tim http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-77 tim Wed, 31 Jan 2007 23:45:31 +0000 http://www.brokeass-student.com/?p=22#comment-77 although your interest compounds daily, you do not receive interest until the end of the month. i agree about csr with igobanking. sometimes i get immediate response, other times, i think the emails get lost. i have kept another account open, so if there are issues, i'll just reduce to $10 and close the account after 180days. that is one FEE of the no FEE portion of igobanking. you must keep the account open for 180 days otherwise you are charged $10 early closing fee. although your interest compounds daily, you do not receive interest until the end of the month.

i agree about csr with igobanking. sometimes i get immediate response, other times, i think the emails get lost.

i have kept another account open, so if there are issues, i’ll just reduce to $10 and close the account after 180days.

that is one FEE of the no FEE portion of igobanking. you must keep the account open for 180 days otherwise you are charged $10 early closing fee.

]]> By: TimmA! http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-76 TimmA! Mon, 29 Jan 2007 02:27:32 +0000 http://www.brokeass-student.com/?p=22#comment-76 hey everyone, I opened my account with igobanking.com and everything seems to be working fine, but I noticed at the top of this page that it says the interest compounds daily, but I have had my account open for over a week and have seen no change in the dollar (or cent..) amount so far. Am I misunderstanding what you mean by interest compounds daily? hey everyone, I opened my account with igobanking.com and everything seems to be working fine, but I noticed at the top of this page that it says the interest compounds daily, but I have had my account open for over a week and have seen no change in the dollar (or cent..) amount so far. Am I misunderstanding what you mean by interest compounds daily?

]]> By: Justin http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-75 Justin Thu, 25 Jan 2007 04:09:04 +0000 http://www.brokeass-student.com/?p=22#comment-75 I signed up several weeks ago and transferred some dollars from one institution, Amsouth, to iGoBanking.com. During the transfer process I got nervous because it said "click here for fees for transfer." I clicked the link and it opened a new window where all it explained was transfer limits. I looked through FAQ and all over the site where it explained the transfer fees (not mentioned anywhere). I sent an email last Friday with a 'read receipt' attached. The email was read Monday morning. It is now Wednesday night and I still have no response. I sent a follow up email this afternoon and got a read receipt, but still no response. I am concerned that this is an example of there customer service and it makes nervous and putting my money there. I called, and did get an answer. The woman spoke English very poorly, wasn't very polite and seemed annoyed that I was asking her questions about the fees, which she said there were none. Of course we all have probably had experience talking with "John" at some big company who has no way to reach him or extension to hold him accountable to what he says. Apparently there are no fees right now, according to this one person. But it isn't clear on their site, and no one responds to emails. Not sure I want to put my money there. Emigrant Direct might be a few points lower on the rate, but they respond quickly. I signed up several weeks ago and transferred some dollars from one institution, Amsouth, to iGoBanking.com.

During the transfer process I got nervous because it said “click here for fees for transfer.”

I clicked the link and it opened a new window where all it explained was transfer limits. I looked through FAQ and all over the site where it explained the transfer fees (not mentioned anywhere).

I sent an email last Friday with a ‘read receipt’ attached. The email was read Monday morning. It is now Wednesday night and I still have no response. I sent a follow up email this afternoon and got a read receipt, but still no response.

I am concerned that this is an example of there customer service and it makes nervous and putting my money there.

I called, and did get an answer. The woman spoke English very poorly, wasn’t very polite and seemed annoyed that I was asking her questions about the fees, which she said there were none.

Of course we all have probably had experience talking with “John” at some big company who has no way to reach him or extension to hold him accountable to what he says.

Apparently there are no fees right now, according to this one person. But it isn’t clear on their site, and no one responds to emails.

Not sure I want to put my money there. Emigrant Direct might be a few points lower on the rate, but they respond quickly.

]]> By: hustlermoneyblog http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-74 hustlermoneyblog Sat, 06 Jan 2007 09:13:14 +0000 http://www.brokeass-student.com/?p=22#comment-74 awesome site. I love all the money saving tips. If you would like to trade links, email me. thanks awesome site. I love all the money saving tips. If you would like to trade links, email me. thanks

]]> By: Sun http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-73 Sun Fri, 05 Jan 2007 00:08:15 +0000 http://www.brokeass-student.com/?p=22#comment-73 Thanks for the information. That helps a lot. Thanks for the information. That helps a lot.

]]> By: Jennifer Lynn http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-72 Jennifer Lynn Wed, 03 Jan 2007 23:25:43 +0000 http://www.brokeass-student.com/?p=22#comment-72 I talked with a CR over the phone and they do a soft credit inquiry. There are no ATM cards or check writing, and up to 20 external linked checking or saving accounts are allowed. Hope this helps. =^..^= I talked with a CR over the phone and they do a soft credit inquiry. There are no ATM cards or check writing, and up to 20 external linked checking or saving accounts are allowed. Hope this helps.

=^..^=

]]> By: Sun http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-71 Sun Wed, 03 Jan 2007 20:31:46 +0000 http://www.brokeass-student.com/?p=22#comment-71 The rate is certainly very attractive, but do you know if they do a hard credit inquiry or a soft one? Also what about ATM/Debt card? Do they card ATM fees? Do they allow you to link other banks (other than the one you used to fund your account) to your new account? Thanks. The rate is certainly very attractive, but do you know if they do a hard credit inquiry or a soft one? Also what about ATM/Debt card? Do they card ATM fees? Do they allow you to link other banks (other than the one you used to fund your account) to your new account? Thanks.

]]> By: United Steelworkers http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-70 United Steelworkers Wed, 03 Jan 2007 17:56:41 +0000 http://www.brokeass-student.com/?p=22#comment-70 Over the past few years, the ING Group has come under considerable scrutiny for a series of questionable business and investment practices. Check out the facts at www.can-you-trust-ing.com Over the past few years, the ING Group has come under considerable scrutiny for a series of questionable business and investment practices. Check out the facts at http://www.can-you-trust-ing.com

]]> By: Mighty Bargain Hunter http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-78 Mighty Bargain Hunter Tue, 02 Jan 2007 08:19:46 +0000 http://www.brokeass-student.com/?p=22#comment-78 <strong>Welcome to the Carnival of Personal Finance #81</strong> Welcome to the first Carnival of Personal Finance of 2007!  As always, it was great fun reading the submissions. No need to have a bubble in your real estate taxes! Blueprint for Financial Prosperity passes on some info on how to lower your real est... Welcome to the Carnival of Personal Finance #81

Welcome to the first Carnival of Personal Finance of 2007!  As always, it was great fun reading the submissions.

No need to have a bubble in your real estate taxes! Blueprint for Financial Prosperity passes on some info on how to lower your real est…

]]> By: Breton http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-69 Breton Sun, 31 Dec 2006 22:22:30 +0000 http://www.brokeass-student.com/?p=22#comment-69 Financial topics need covered in college classes. This forum discusses what I seemed to miss working on my BA. Financial topics need covered in college classes. This forum discusses what I seemed to miss working on my BA.

]]> By: pfstock http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-68 pfstock Sat, 30 Dec 2006 23:16:23 +0000 http://www.brokeass-student.com/?p=22#comment-68 At the risk of sounding like I'm an advocate for these banks, I wanted to point out that Citibank and Washington Mutual (WaMu) each offer "online" savings accounts that pay 5.00% interest APY. Although I've had some issues with these banks in the past, they each have real branches and ATMs, which addresses a couple of the disadvantages of internet-only banks. At the risk of sounding like I’m an advocate for these banks, I wanted to point out that Citibank and Washington Mutual (WaMu) each offer “online” savings accounts that pay 5.00% interest APY. Although I’ve had some issues with these banks in the past, they each have real branches and ATMs, which addresses a couple of the disadvantages of internet-only banks.

]]> By: Chris http://www.brokeass-student.com/online-bank-savings-accounts-and-my-experience-with-igobanking/comment-page-1/#comment-67 Chris Sat, 30 Dec 2006 08:52:59 +0000 http://www.brokeass-student.com/?p=22#comment-67 I didn't know that you could have a savings account with an online bank, I didn't even know they had banks that were only online. Definately something to think about. Nice job. Chris <a href="http://collegefordummies.blogspot.com" rel="nofollow">http://collegefordummies.blogspot.com</a> I didn’t know that you could have a savings account with an online bank, I didn’t even know they had banks that were only online. Definately something to think about. Nice job.

Chris
http://collegefordummies.blogspot.com

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