Quote:
Originally Posted by AlpineWhite_SJ
Quote:
Originally Posted by David70
Sure, it's a regular bank (FDIC insured) but without physical locations. Because of no physical locations and because Charles Schwab they seem to have electronics things figured out pretty well. Biggest issue might be if you receive cash payments frequently that you want to put in the bank I think it would be hassle. My mother has a rental house and this is what stops her from doing it.
Thing I like the most is every ATM in the world is free to me, I remember when I would go out of my way to get to my local banks ATM's.
|
Cash deposits are really the only downside. We've had Schwab for banking for 10 or so years and the no-ATM fee, no international withdrawal/exchange fee, and mobile deposit are great. |
I have no ATM fee as well. Just wish ATMs accepted coins.