<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by gleff:
BankDirect has a $15/mo fee on accounts with < $2500.</font>
I just signed up with them. Their site says if you have direct deposit, there's no monthly fee. Easy enough. I already do that.
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Netbank doesn't (although NetBank has it's own funky fees, like if you sign up for their free bill pay service but don't use it.)</font>
I use Netbank to pay all my utility and credit card bills. It's a lot easier (and slightly cheaper) than writing out and mailing checks! I barely buy stamps anymore. Also, I noticed many of the bills were received by the companies the next day.
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Bankdirect gives miles on an ongoing basis, Netbank does not.</font>
I just started a bankdirect account and since they give ongoing mileage for balances, I will most likely close my netbank and transfer everything to bankdirect.
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">If NetBank would rebate ATM fees, I'd sign up.</font>
As other people have mentioned already, I barely run into this problem. I usually get cash on my weekly/biweekly run to the grocery store, or Washington Mutual where their ATMs don't charge fees.
The interest rate difference between netbank and bankdirect are so insignifant to me (unless my balance was like a million dollars!).
My experience with Netbank has not been bad at all and i would say average. Everything is done by mail or internet, which is ok. They have an 800 number to call if you do need personal assistance which I have used and they were very friendly.