UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next
Author: stocks2grow Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 24252  
Subject: Re: online bank with no linking Date: 3/30/2007 2:06 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Very helpful discussion thread to my post... I am under the (possibly mistaken) impression that to get one of these internet accounts started you actually send them a paper check first, so that was why I don't like the linking idea.

My concern was over the requirement to link when I assumed that you first mailed a regular check (so then why do they need a link right to my bank account?) The red flag went up: entince me with a great interest rate, give me a few dollars to sweeten the deal, and oh by the way link me directly to your bank account!! Just seemed odd.

However, if I am mistaken and you need to start the ING/etc account by a linked account and an ACH transfer in the first place, then I understand the need better.

Great discussion, lots of good logic, too. Thanks!

Mike
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Berkshire Hathaway

Starting a Small Business
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement