3 ms·
While it may be tempting to pick whatever is on top of the list, you should make your decision after factoring in bank locations, reputation, customer service,
by paxys 3y ago
While it may be tempting to pick whatever is on top of the list, you should make your decision after factoring in bank locations, reputation, customer service, online tools, ATMs, fees etc. rather than just go for the extra 0.04% in interest.
- LVB 3y agoMarcus recently locked my account for unspecified reasons and it took a couple weeks to unlock simply because they weren’t allowed to send a verification code to my phone since it was on a prepaid plan (?!?). Quite nerve-wracking to have all of your “safety” funds inaccessible and stuck behind fairly helpless front line agents that offer no escalation path.
- hn8305823 3y ago> for unspecified reasons > my phone since it was on a prepaid plan That is likely your reason (burner phone). Did they ask you for hard evidence of your identity before unlocking your account?
- ezfe 3y agoMy family has three phone lines and 2 are on "prepaid" Verizon phone lines, and one is on a regular AT&T line. The fact the prepaid lines are considered inferior is ridiculous and causes stupid problems. It's a regular Verizon line but because it's prepaid some websites don't like it.
- bonton89 3y agoMy prepaid phone isn't a burner phone. Not everyone uses their phone enough to like getting screwed on post paid plans.
- LVB 3y agoI'm using a standard T-Mobile prepaid plan with my name on it, auto-paid monthly using a CC with my name on it. The silly part is that this same phone is what they: a) registered my account with a few years ago, b) send their 2FA codes to for normal account login. But it is unacceptable to their support system, I guess. The "unspecified reason" turned out to be me trying to transfer some money to a business checking acct that I have. That's against their ToS and could have probably been a quick reversal (when I finally got through to the right person it took about 5 minutes), but the phone verification thing gummed stuff up for a few weeks.
- jrockway 3y agoLooking up your cell phone number in a several-months-out-of-date database is not the KYC process for bank accounts in the US.
- deleted 3y ago[deleted]