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Old Nov 21, 2004, 9:35 pm
  #1  
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Join Date: Oct 2003
Location: New York
Programs: DL, AA, BA, SPG
Posts: 271
Miles for Banking

I'm considering opening one of the mileage bank accounts from Bankdirect or Guaranty Bank. Can anyone tell me if either of them allow ACH transfers into and out of their accounts (like ING does)? I plan to keep my existing checking account and want to be able to easily move money.
jmorgans is offline  
Old Nov 21, 2004, 9:51 pm
  #2  
 
Join Date: Apr 1999
Location: Andover, MA, 01810
Posts: 1,972
At bankdirect you can originate outgoing ACH but not incoming.
UserMark is offline  
Old Nov 21, 2004, 10:29 pm
  #3  
 
Join Date: Aug 2003
Posts: 324
I have had a Bankdirect account for about 6 months, and could not be more pleased. The interest rate on balances above 10K is a quarter point higher than at Guaranty, and miles have posted accurately and very promptly every month.

I have also made a couple of wire (ACH?) transfers in and out, with no hitch at all. In fact I think they've handled these better than my Bank of America in-person banker.

If you decide to open a Bankdirect account and would like a referral, I'd be happy to oblige. I think there's 1,000 miles in it for both referrer and referree.

Alfonso XIV
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Old Nov 21, 2004, 11:31 pm
  #4  
 
Join Date: Sep 2004
Posts: 760
Alfonso,

I too am considering a new account. Please refer me or what do I need to do.

Thanks! Peace!
William
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Old Nov 22, 2004, 7:12 am
  #5  
LRD
 
Join Date: Feb 2004
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Posts: 3,240
Originally Posted by PapiTheWriter
Alfonso,

I too am considering a new account. Please refer me or what do I need to do.

Thanks! Peace!
William
You've got PM.
LRD is offline  


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