Quote:
Originally Posted by Caravanshaka
Umm, I didn't change banks at all. I donated the $20 to become a member, and deposited $5 into an account (minimum balance). Filled out an application and had my check in hand the next morning. No direct deposit, no bank switching. Not only that, but I ended up switching my wife's loan from a 7% chase loan to 3.99% at penfed for free. |
I must have misread the terms and conditions before I completed the application. I thought there was a monthly maintenance fee on the account if you didn't have a balance of $5,000 or use direct deposit. It wasn't too big of a deal since at my bank's 4.22% rate it only would have saved me about $200.