Comments on: Completed My Move From BofA Over To Charles Schwab Bank. http://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/ A place to discuss money...for the rest of us. Fri, 10 Feb 2012 05:21:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Benhttp://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-274999 Ben Thu, 15 Dec 2011 23:43:56 +0000 http://www.mytwodollars.com/?p=2412#comment-274999 I have been extremely happy with Schwab. I find their customer service to be excellent. They also have very good online tools for banking and investing which is why I switched from my previos local bank, Wainwright. In general I've had great experiences with local banks until they are bought by a bigger one like Fleet or Citizens. Then all the fees appear and costomer service disappears. I remember when calling Fleet and pressing 0 for a representative caused the voiceail system to hang up. I'm not sure if the configuration was intentional or not. I have been extremely happy with Schwab. I find their customer service to be excellent. They also have very good online tools for banking and investing which is why I switched from my previos local bank, Wainwright.
In general I’ve had great experiences with local banks until they are bought by a bigger one like Fleet or Citizens. Then all the fees appear and costomer service disappears.
I remember when calling Fleet and pressing 0 for a representative caused the voiceail system to hang up. I’m not sure if the configuration was intentional or not.

]]> By: Newbehttp://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-36210 Newbe Mon, 29 Mar 2010 16:12:04 +0000 http://www.mytwodollars.com/?p=2412#comment-36210 I just opened a Schwab Checking and Brokerage account. I am nervous about it because I really liked being able to check my accounts from my iphone, which I can't do now. But no more strange Chase fees, "financial management software" I don't even know what that is, but it was 10$/month that they would not refund me. I am glad to hear others are having such a great experience with Schwab. Makes me feel a lot better about the move. I just opened a Schwab Checking and Brokerage account. I am nervous about it because I really liked being able to check my accounts from my iphone, which I can’t do now. But no more strange Chase fees, “financial management software” I don’t even know what that is, but it was 10$/month that they would not refund me.

I am glad to hear others are having such a great experience with Schwab. Makes me feel a lot better about the move.

]]> By: Single Guy Moneyhttp://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-35855 Single Guy Money Fri, 19 Feb 2010 01:16:05 +0000 http://www.mytwodollars.com/?p=2412#comment-35855 I have the majority of my money in my local credit union. While they don't have the highest interest rates, the customer service and other services can't be beat. Even though they are a credit union, they offer envelope free ATMs and the can even print debit and credit cards right there in the branch. I also have a Schwab account and I am a big fan of them too. I have the majority of my money in my local credit union. While they don’t have the highest interest rates, the customer service and other services can’t be beat. Even though they are a credit union, they offer envelope free ATMs and the can even print debit and credit cards right there in the branch.

I also have a Schwab account and I am a big fan of them too.

]]> By: Dwhite2762http://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-35851 Dwhite2762 Thu, 18 Feb 2010 20:11:27 +0000 http://www.mytwodollars.com/?p=2412#comment-35851 Moved my money from chase to my local credit union. I couldn't be happier (especially when I see that Jamie Dimon got 19million dollar bonus this year). Moved my money from chase to my local credit union. I couldn’t be happier (especially when I see that Jamie Dimon got 19million dollar bonus this year).

]]> By: Austinhttp://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-35832 Austin Wed, 17 Feb 2010 02:07:58 +0000 http://www.mytwodollars.com/?p=2412#comment-35832 Do you use the Schwab credit card? I don't spend enough on a single area so the 2% back is nice. It sucks that it automatically goes to the brokerage account first, but it's a small price to pay and I've loved my time with them. Austin @ Foreigner's Finances Do you use the Schwab credit card?

I don’t spend enough on a single area so the 2% back is nice. It sucks that it automatically goes to the brokerage account first, but it’s a small price to pay and I’ve loved my time with them.

Austin @ Foreigner’s Finances

]]> By: David/Your finances 101http://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-35793 David/Your finances 101 Thu, 11 Feb 2010 11:27:43 +0000 http://www.mytwodollars.com/?p=2412#comment-35793 The customer service at Schwab is excellent too by the wya. At least they have been with me. The customer service at Schwab is excellent too by the wya. At least they have been with me.

]]> By: Billhttp://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-35792 Bill Wed, 10 Feb 2010 22:12:58 +0000 http://www.mytwodollars.com/?p=2412#comment-35792 I switched to a small regional bank because they pay 3.01% on amounts up to $25,000. I just have to make 10 debit card transactions a month (which is not hard to do). I switched to a small regional bank because they pay 3.01% on amounts up to $25,000. I just have to make 10 debit card transactions a month (which is not hard to do).

]]> By: Andy Houghhttp://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-35791 Andy Hough Wed, 10 Feb 2010 20:22:17 +0000 http://www.mytwodollars.com/?p=2412#comment-35791 I have most of my money in a local bank because it has rewards checking. Since my BofA account is free I'm keeping it open because I don't want to bother changing all my deposits, billpays, etc. I have most of my money in a local bank because it has rewards checking. Since my BofA account is free I’m keeping it open because I don’t want to bother changing all my deposits, billpays, etc.

]]> By: Wojciech Kulickihttp://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-35788 Wojciech Kulicki Wed, 10 Feb 2010 16:40:56 +0000 http://www.mytwodollars.com/?p=2412#comment-35788 I love Schwab and have all of my investment accounts with them (consolidated everything finally as of a few months ago). For a few years, I've also considered a checking account with them. I really like having a safe deposit box, which is one of the main reasons I'm still with Wachovia, but I may experiement with Schwab soon! Keep us posted on your experience! I love Schwab and have all of my investment accounts with them (consolidated everything finally as of a few months ago). For a few years, I’ve also considered a checking account with them.

I really like having a safe deposit box, which is one of the main reasons I’m still with Wachovia, but I may experiement with Schwab soon!

Keep us posted on your experience!

]]> By: Samhttp://www.mytwodollars.com/2010/02/10/completed-my-move-from-bofa-over-to-charles-schwab-bank/#comment-35787 Sam Wed, 10 Feb 2010 16:31:13 +0000 http://www.mytwodollars.com/?p=2412#comment-35787 I switched from USAA to a local bank last year due to decline in service. It was a hard transition because I'd been banking with them since I was 17. I like the local banks better - I like being able to go in & talk to a human if a problem warrants it & that human will take ownership of the problem and actually do something. I keep my money in different banks that I use as "pots" so I don't accidentally miss something and also to take advantage of different bank's features - the credit union I use for daycare has been starting to act like a big bank with their policies and new confusing web page so, I'm transitioning away from them to another credit union that is nice and easier to physically swing by (and their web page isn't in a size 2 font). I shouldn't have to pay or work at being a banks customer. It should be easy & painless. I switched from USAA to a local bank last year due to decline in service. It was a hard transition because I’d been banking with them since I was 17.
I like the local banks better – I like being able to go in & talk to a human if a problem warrants it & that human will take ownership of the problem and actually do something.

I keep my money in different banks that I use as “pots” so I don’t accidentally miss something and also to take advantage of different bank’s features – the credit union I use for daycare has been starting to act like a big bank with their policies and new confusing web page so, I’m transitioning away from them to another credit union that is nice and easier to physically swing by (and their web page isn’t in a size 2 font).

I shouldn’t have to pay or work at being a banks customer. It should be easy & painless.

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