danidancer wrote:vexion wrote:I found out the closest Chase branch is in Syracuse, so I just moved all my banking online. I have a Charles Schwab High Yield Investor Checking Account. No annual fees, no paying for checks or anything, all the standard online bill paying options/paperless statements, .5% APY (eh, high for a checking account) and best of all, they reimburse ATM fees at any ATM nationwide.
I highly recommend it. The only drawback I've found so far is that you have to mail in physical checks to deposit them. But it's rare that anyone gives me a physical check. And the one that I mailed in took like three days from the postmark date and showed up in my account. Overall, can't beat it.
I really like my online savings account, but I also really like the convenience of a brick and mortar bank... Not sure if I'm ready to make the transition to online checking.
The only reason I could see going back to a brick-and-mortar bank would be service. But Schwab's phone service has been incredible... no wait times, and they're all seemingly smart people based in America. Being able to call and have my issues set straight from anywhere beats the heck out of getting in my car and driving to the nearest branch.
Also, I went with online savings too. ING Direct Orange ftw