Comments for Bank Vibe

Comment on Discover Bank’s CD Rates and Money Market Account by Kendal T

Kendal T — Fri, 12 Mar 2010 15:55:11 +0000

Is Discover still running the “no penalty” withdrawals for some of their CDs?

Comment on Rewards Checking Account in Alabama paying 4.01% APY by Ahonen

Ahonen — Thu, 11 Mar 2010 20:19:13 +0000

I have one of the accounts at Southpoint and was very pleased by the interest which was posted on the first day of every month. Two weeks ago, I was notified that their rate was dropping to just over 1.7 APR but as a fonsolation I would be offered 60 month, 3% CDs with the option of a one time withdrawal without a penalty.Not xure what I will do now, but 9t was great while it lasted!;

Comment on Montauk Credit Union’s CD (certificate of deposit) rates by Alissa

Alissa — Thu, 11 Mar 2010 19:29:20 +0000

Do NOT open a C.D. here even if they have good rates.

I opened a C.D. here in Feb of 2008 — my first C.D. I received a letter in the mail that my C.D. was up for review and that I needed to either roll it over or redeem it. There was no deadline for this action.

I spoke with someone over the phone who told me how I could redeem, but again no deadline. I sent in the form about a month later.

She then calls to tell me the “told me over the phone that there was a deadline” — an outright lie and that I will have to pay the penalty of $21, about 1/t6 of my entire yearly gains. When i called to complain, this woman then hung up the phone on me.

I spoke with the manager, who at least had decent manners, but still they won’t give me my money back. I feel pretty taken advantage of and would not recommend putting any of your funds here.

Comment on Rewards Checking Account in Alabama paying 4.01% APY by BankVibe

BankVibe — Thu, 11 Mar 2010 11:26:25 +0000

Thanks for sharing your experience JP!

Comment on Rewards Checking Account in Alabama paying 4.01% APY by JP

JP — Thu, 11 Mar 2010 07:11:41 +0000

I have one of the accounts at Southpoint and was very pleased by the interest which was posted on the first day of every month. Two weeks ago, I was notified that their rate was dropping to just over 1.7 APR but as a consolation I would be offered 60 month, 3% CDs with the option of a one time withdrawal without a penalty.Not sure what I will do now, but it was great while it lasted!

Comment on 3.25% Savings Account through Regal Financial Bank by Barbara

Barbara — Tue, 02 Mar 2010 19:40:30 +0000

3/2/10 Just clicked the link to Regal and savings accounts are at 1/2 % (0.5%) NOT 3.25% Boy, this Bankvibe is really outdated.

Comment on Provident NJ Direct Power Savings Account by Barbara

Barbara — Tue, 02 Mar 2010 19:20:49 +0000

This page needs to be updated.The information is outdated. As of 3/2/10 Provident NJ is offering 1.0% and 1.5 %

Comment on Lending Club’s Net Annualized Returns to Investors: 9.65% APY by BankVibe

BankVibe — Mon, 01 Mar 2010 14:04:13 +0000

To view reader comments regarding Lending Club, visit our original review below:

http://bankvibe.com/an-alternative-to-bank-cds-certificates-of-deposit/

Comment on Lending Club’s Net Annualized Returns to Investors: 9.65% APY by GBN

GBN — Mon, 01 Mar 2010 00:49:19 +0000

It’s available in most states. check their website. LC is by far a better option than banks if you are looking to make a investment deposit. it’s not FDIC insure but if you diversify yourself you should be ok.

Comment on Lending Club’s Net Annualized Returns to Investors: 9.65% APY by Nathan

Nathan — Sun, 28 Feb 2010 18:52:03 +0000

YOu cant become an investor in every state!!!!!!! only a handful of states are allowed to take advantage of this