Originally Posted by coachflyer
Although Ing Bank does not pay the highest interest rate, bank transaction such as transfers and other business activities are quite easy and painless.
My experience with ING is positive as well. ^
Originally Posted by coachflyer
Bank Direct does not allow for direct access for my checking account. Every transaction is either with hard copies and is very slow and requires telephone calls to verify it. Interest rates are very low.
No direct access?
I use standard checks like any other bank. I also use their electronic bill paying service, and have had no problems. I also direct deposit into the account, and can perform ACH transfers both in and out at no charge. I use my ING account as the "clearinghouse" to perform the ACH transfers - just "link" your accounts.....
Yes, the interest rate is low, but if you add up the account opening bonuses, bill pay bonus, and direct deposit bonus, the cost per mile is not that bad, especially if you only keep the $2,500 minimum to avoid the monthly fee. Also, interest is taxable, miles are not (at least not yet).
Originally Posted by coachflyer
Emigrant Bank advertises high rates but is about many times slower than Bank Direct. I transferred funds there about 3 weeks ago and I am still unable to access my account. Does anyone have similar experiences with these banks any other internet banks?
I have no experience with Emigrant internet banking.