Bank clerk blog

Banking articles


What is the best bank with a checking account that has “no minimum balance required”?

November 19, 2008

J P

Posted by admin under blog | Comments (5)

5 Comments

  1. WaMu seems to give good direct service from branches that are left, but good luck if you have to deal with their headquarters. In June I accidentally put the wrong date on a check deposited in an ATM for my checking account on a Sunday, and they called me first thing Monday to tell me. That gave me a chance to give them a corrected check.

    But trying to straighten out initial property tax payments from escrow for a double lot in 2002 is too long a story to relate here.

    As long as you pay your bills, it can help to have checking where you have credit card(s) you use the most.

    I have only been with Chase since they bought BankOne, and many of the people at the branches I deal with have been at my local branches under different bank names for 20 years. I switched from interest checking to free checking when my IRA CD expired and I transferred that to a broker, and have no complaints.

    With Chase checking you can pay Chase credit cards online same day before 7 PM, other credit cards within 2 days. WaMu electronic bill pay says to allow 5 days, although, that will likely happen quicker in most cases. I do split direct deposit to both accounts (WaMu to autopay my home loan).

    Comment by efflandt — November 22, 2008 @ 8:08 am

  2. This could be interesting for you.

    Comment by juergeneberl — November 23, 2008 @ 6:51 pm

  3. Navy Federal Credit Union or USAA. I got both.

    Comment by Bertonian — November 24, 2008 @ 1:46 pm

  4. citibank , Cal national (dependin on your location of course)

    Comment by mobilemark — November 27, 2008 @ 7:24 pm

  5. Try searching on. You can search by how much money you have to put in the bank and it’ll return you a list of banks and accounts.

    WAMU does have a nice free checking account with a high interest earning savings account as well. What was so bad about WAMU?

    Comment by ocjc — November 30, 2008 @ 3:00 am

Sorry, the comment form is closed at this time.