I currently use Bank of America, but I am considering switching. This is for my checking account, so it's not for savings or investments or anything like that. I initially got Bank of America in college because there were a lot ATM's around, so it was convenient that way. Now, cash is not so much of a problem, especially with credit cards and all the shopping I do. So, I rarely actually use the ATM.
Now, what prompted this was that I want to streamline my finances with Quicken. I used to download the files of my statement from BofA's website, then import them into Quicken. But I'd like to automate all of that. However, BofA charges a fee for that service. I was wondering if any of you knew of a bank that offers that service for free. So that's one of my main concerns.
The other issue is fees.FEES
As you know, banks charge fees for everything, and they're a little annoying. I'd like to know if there are banks out there that I can use ONLINE that have as few fees as possible. Most banks charge a fee unless you direct deposit your paycheck into it. Are there ones that don't? Please let me know.
Also, I'd like a pretty sophisticated online experience. Give me some useful features online, whatever they may be.
So, in summary, I'm looking for the following:
- Free "Direct Connect" services (that's the term Quicken uses)
- No fees if you don't direct deposit.
- Nice online features (online bill payments, etc.)