PT Money

by PT |  Print |

I recently changed the way my bank accounts are set up.

The main goals of my new setup are:

1. Automate bill payments and money transfers – ING DRIECT has these capabilities. It’s nice.

2. Take advantage of free services – BOA’s Bill Pay is FREE and easy to use.

3. Avoid fees – I pay no fees with any of these accounts.

4. Maximize interest – While I’m not getting the best interest rate compared with some online only savings accounts, I am doing considerably better than by only having my money in BOA.

5. Convenient access to ATMs and a brick and mortar bank – If I need to visit an ATM, both banks have these. And if I need to actually go inside a bank for any reason I can always find a BOA to go into.

Related posts:

1. Why Do Online Bank Transfers Take So Freakin’ Long?
2. How I Set Up My Bank Accounts the Right Way
3. New Ways to Avoid Bank Overdraft Fees
4. How to Setup Multiple Savings Accounts at ING DIRECT
5. ING DIRECT’s Electric Orange Account: My Review