Search found 501 matches

by kayanco
Fri Nov 17, 2017 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

How do you deposit cash to Fidelity, Schwab or Capital One if there's no branch near you? I got some cash back at the grocery store today, but soon realized that I didn't need it. As I exited, right next to the grocery was a national bank's branch. And I thought: If I had an account here, I could e...
by kayanco
Thu Nov 16, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

My answer (with Schwab Checking as my main checking account) is to not deposit cash. Almost all my purchases, even for a single cup of coffee, are made via credit card. And because I have so few cash purchases, I only go to the ATM about once a month to get cash out. If I get cash back for whatever...
by kayanco
Thu Nov 16, 2017 1:11 am
Forum: Personal Consumer Issues
Topic: Keep old cards active by paying yourself?
Replies: 20
Views: 2234

Re: Keep old cards active by paying yourself?

sport wrote:
Thu Nov 16, 2017 1:01 am
Afty wrote:
Wed Nov 15, 2017 11:37 pm
Can I ask why people want to keep accounts they never use open? Is it just for the impact on your credit score?
Yes. It is also good to have a backup card(s) in case the main one has problems.
Both good reasons.
by kayanco
Wed Nov 15, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

How do you deposit cash to Fidelity, Schwab or Capital One if there's no branch near you? I got some cash back at the grocery store today, but soon realized that I didn't need it. As I exited, right next to the grocery was a national bank's branch. And I thought: If I had an account here, I could ea...
by kayanco
Wed Nov 15, 2017 6:44 pm
Forum: Personal Consumer Issues
Topic: Keep old cards active by paying yourself?
Replies: 20
Views: 2234

Re: Keep old cards active by paying yourself?

How many old cards do you need to keep active? The simplest approach would be to put recurring bills on these cards. Otherwise I would suggest breaking up routine transactions to be charged on multiple cards. For instance: *Use card #1 to gas up your car. *Use card #2 to buy something inside of the...
by kayanco
Wed Nov 15, 2017 6:40 pm
Forum: Personal Consumer Issues
Topic: Keep old cards active by paying yourself?
Replies: 20
Views: 2234

Re: Keep old cards active by paying yourself?

I have a Bank of America card I never use - I occasionally get emails and snail-mail from them asking me to call them to discuss if there is a better fitting rewards card for me. Since BoA doesn't have a 2% back card (like Citi) why would I call them. I keep thinking they will cancel the card given...
by kayanco
Wed Nov 15, 2017 6:38 pm
Forum: Personal Consumer Issues
Topic: Keep old cards active by paying yourself?
Replies: 20
Views: 2234

Re: Keep old cards active by paying yourself?

I pay for low value, recurring charges like Netflix with cards I don't use, but would like to keep open. Setting them on auto pay keeps it low effort. I only have a couple though. Making transactions via PayPal seems like a scalable plan. I wonder if it violates anyone's terms of service? Very simi...
by kayanco
Tue Nov 14, 2017 10:49 pm
Forum: Personal Consumer Issues
Topic: Keep old cards active by paying yourself?
Replies: 20
Views: 2234

Keep old cards active by paying yourself?

Hi, Is there a way to automate keeping old credit cards active by making a small $1 charge every 6 months, to yourself? And schedule this to happen automatically. Even if it includes a small transaction fee, e.g., PayPal charges $0.33 on a $1 transaction. With PayPal you can open two accounts, add t...
by kayanco
Mon Nov 13, 2017 10:36 pm
Forum: Personal Consumer Issues
Topic: Win10 File History on SD card?
Replies: 3
Views: 208

Re: Win10 File History on SD card?

Hi, Do any of you use the File History feature of Windows 10, and have it configured to use an SD card? If so, what size card have you found to be enough? On Windows 7, I really liked that it used "Volume Shadow Copy" to keep previous versions of file and folders. You could set it to use the local ...
by kayanco
Mon Nov 13, 2017 9:56 pm
Forum: Personal Consumer Issues
Topic: Win10 File History on SD card?
Replies: 3
Views: 208

Win10 File History on SD card?

Hi, Do any of you use the File History feature of Windows 10, and have it configured to use an SD card on a laptop? If so, what size card have you found to be enough? On Windows 7, I really liked that it used "Volume Shadow Copy" to keep previous versions of file and folders. You could set it to use...
by kayanco
Mon Nov 13, 2017 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

Also, I believe one can do more things online at Fidelity. I can't think of a single thing that has required me to fax or mail in something, and that's important to me. It's why I did not go with BOA and moved from Vanguard and Wells Fargo. I did have to go to a Fidelity branch with dead-tree paper...
by kayanco
Mon Nov 13, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

I posed the original question based on two premises: 1. A signature on the back doesn't offer any real protection: - No one checks if it's there, nor compares it against a receipt. - Increasingly the card never even leaves the user's hand (owner or thief) BUT 2. If a thief stole both your signed ca...
by kayanco
Mon Nov 13, 2017 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

Also, I believe one can do more things online at Fidelity. I can't think of a single thing that has required me to fax or mail in something, and that's important to me. It's why I did not go with BOA and moved from Vanguard and Wells Fargo. I did have to go to a Fidelity branch with dead-tree paper...
by kayanco
Mon Nov 13, 2017 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

I don't think it really matters either way. The USPS seems to be the only place that actually pays attention. So if the card is signed, someone can use it without being questioned. Yes, some clerk could try to see if the signature on the card reading device matches the signature on the card? Yes, r...
by kayanco
Mon Nov 13, 2017 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

Recently I went on international trip and notified Ally. They stated that international ATM fees charged by ATM owner will not be reimbursed. Interestingly when I saw the statement they had reimbursed ATM fees incurred in Peru and India. So you may also take chance with Ally Debit cards internation...
by kayanco
Mon Nov 13, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

I posed the original question based on two premises: 1. A signature on the back doesn't offer any real protection: - No one checks if it's there, nor compares it against a receipt. - Increasingly the card never even leaves the user's hand (owner or thief) BUT 2. If a thief stole both your signed ca...
by kayanco
Mon Nov 13, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

OK - so if this is so important, how is this signature verified for online purchases? Answer: It isn't. So if the signature is not verified for online purchases, why would it have to be verified for in-person purchases? Face reality. In most cases, it doesn't make a bit of difference if you sign it...
by kayanco
Sun Nov 12, 2017 10:27 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

" Are these real/substantial benefits (worth the $20K) or just gimmicks? " - do you use or do you see yourself using any of these services? if you do not they have zero value regardless of the provider.. - the cost is $20k, it is the interest you lose on that money (and the spread you allow them to...
by kayanco
Sun Nov 12, 2017 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

Recently I went on international trip and notified Ally. They stated that international ATM fees charged by ATM owner will not be reimbursed. Interestingly when I saw the statement they had reimbursed ATM fees incurred in Peru and India. So you may also take chance with Ally Debit cards internation...
by kayanco
Sun Nov 12, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

I'm very pleased with Fidelity and have consolidated everything there. Schwab is very similar and often gets the nod because of more local offices at which to transact things in person. However, I keep a small amount of money at TD Bank for those purposes. They do not charge me foreign transaction ...
by kayanco
Sun Nov 12, 2017 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

I haven't seen anyone here point out the biggest issue with the question: The signature on the back of cards is not there to verify what your signature looks like. It's the signature affirming to the credit card issuer that you accept the terms of the credit card. Store owners very, very rarely wil...
by kayanco
Sun Nov 12, 2017 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

I know there have been threads where people have said they would never pay anyone in cash, thinking that it would be used for tax fraud, but I think the tables are turning. Can you provide the summary version of why they would never pay cash? I can't imagine how it could be used for tax fraud :?: T...
by kayanco
Sun Nov 12, 2017 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

I posed the original question based on two premises: 1. A signature on the back doesn't offer any real protection: - No one checks if it's there, nor compares it against a receipt. - Increasingly the card never even leaves the user's hand (owner or thief) BUT 2. If a thief stole both your signed ca...
by kayanco
Sun Nov 12, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

I know there have been threads where people have said they would never pay anyone in cash, thinking that it would be used for tax fraud, but I think the tables are turning. Can you provide the summary version of why they would never pay cash? I can't imagine how it could be used for tax fraud :?:
by kayanco
Sun Nov 12, 2017 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

terran wrote:
Sun Nov 12, 2017 2:01 pm
Schwab/Fidelity are better for international use though.
Thanks for commenting.

Can you say more on how they are better?
by kayanco
Sun Nov 12, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

The Fidelity ATM/Debit card has a 1% foreign transaction fee on ATM withdrawals: Please note, there is a foreign transaction fee of one percent that is not waived , which will be included in the amount charged to your account This misconception is due to: 1) The poor/unclear wording on their site. ...
by kayanco
Sat Nov 11, 2017 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

2. If a thief stole both your signed card and checkbook, she could copy the signature and write a check to drain your account. What is his checkbook thing you speak of, and where would a thief get one from? Oh, wait...I think I have one in the bottom of a drawer somewhere. Haha, good one :)
by kayanco
Sat Nov 11, 2017 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

Doom&Gloom wrote:
Sat Nov 11, 2017 11:01 pm
kayanco wrote:
Sat Nov 11, 2017 9:59 pm
Doom&Gloom wrote:
Sat Nov 11, 2017 9:49 pm
So it wasn't actually a question but a statement of your belief?
kayanco wrote:
Sat Nov 11, 2017 9:45 pm
... I now believe that ...
Ah! Thanks.
Thanks for sharing your comment earlier in the thread.
by kayanco
Sat Nov 11, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

Doom&Gloom wrote:
Sat Nov 11, 2017 9:49 pm
So it wasn't actually a question but a statement of your belief?
kayanco wrote:
Sat Nov 11, 2017 9:45 pm
... I now believe that ...
by kayanco
Sat Nov 11, 2017 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

I posed the original question based on two premises: 1. A signature on the back doesn't offer any real protection: - No one checks if it's there, nor compares it against a receipt. - Increasingly the card never even leaves the user's hand (owner or thief) BUT 2. If a thief stole both your signed car...
by kayanco
Sat Nov 11, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Re: Schwab/Fidelity vs BoA Gold: Checking

The Fidelity ATM/Debit card has a 1% foreign transaction fee on ATM withdrawals: Please note, there is a foreign transaction fee of one percent that is not waived , which will be included in the amount charged to your account This misconception is due to: 1) The poor/unclear wording on their site. ...
by kayanco
Sat Nov 11, 2017 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Schwab/Fidelity vs BoA Gold: Checking
Replies: 41
Views: 2934

Schwab/Fidelity vs BoA Gold: Checking

I've split this post into three independent parts, please feel free to respond to any or all. Need feedback from fellow Bogleheads. 1. I'm taking a slightly critical look at the Big bank checking accounts (BoA, Chase, etc) that offer "perks" for higher balances, to determine if they have any merit. ...
by kayanco
Sat Nov 11, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2179

Re: Inactive accounts closed?

I have a slightly different question. Let's say you have a checking account that has the minimum balance needed to avoid a monthly fee. If you decide you no longer want the account, can you simply draw it down to zero? Or will the bank try to levy fees against you? I know the question is ludicrous,...
by kayanco
Sat Nov 11, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to NOT sign Credit card?

Another thing to consider is how inaccurate the digital signature pads are. Interesting to see that MC will get rid of signatures. Since the digital signature pads came about, I've habitually just drawn a wiggly line on them, with no attempt at a signature. Never once has it been challenged or reje...
by kayanco
Sat Nov 11, 2017 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to not sign Credit card?

If you don't sign it, and someone steals your card they can sign it as they see fit and you know what? Then THEIR signature on the receipt will match THEIR signature on the back of YOUR card. That's why you never want to leave it blank. Why let someone else decide what the signature should look lik...
by kayanco
Sat Nov 11, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2364

Re: PayPal alternative?

They shut my ability to accept personal payments cuz I got two large payments to my personal n biz acct . Got no warning just straight up removal. I've heard several stories like this, PayPal would just freeze or shutdown an account. This is where their poor customer service would come in. That's t...
by kayanco
Sat Nov 11, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2364

Re: PayPal alternative?

How does it work with accessibility dou..? I know 99% of websites work on Paypal so I don't know if ny other sites would be able to compete with it That's a good point for e-commerce. Many sites use it. That sort of makes it a necessary evil. From online shopping perspective I like PayPal (or rathe...
by kayanco
Sat Nov 11, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2364

Re: PayPal alternative?

OP, I prefer using Amazon gifts cards to pay family members/friends when a simple check won't do. Just write a check, always works :D Your statement reminds me of this thread; https://www.bogleheads.org/forum/viewtopic.php?t=231110 TLDR: Some people aren't comfortable giving out checks anymore. Rea...
by kayanco
Fri Nov 10, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to not sign Credit card?

If you don't sign it, and someone steals your card they can sign it as they see fit and you know what? Then THEIR signature on the receipt will match THEIR signature on the back of YOUR card. That's why you never want to leave it blank. Why let someone else decide what the signature should look lik...
by kayanco
Fri Nov 10, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Re: Isn't it safer to not sign Credit card?

Nate79 wrote:
Fri Nov 10, 2017 9:22 pm
I think this is really unnecessary. Have you considered your signature is all over signed receipts?
I'm one of those people who don't put their real signature on everyday receipts. Only on checks, and official applications/documents.
by kayanco
Fri Nov 10, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Isn't it safer to NOT sign Credit card?
Replies: 97
Views: 6185

Isn't it safer to NOT sign Credit card?

Recently I've been exposed to and thinking about privacy/security related stuff. And today when I received a new credit card, seeing the signature panel in the back made me think of this question: Let's say you get your signed credit card and checkbook stolen, can't the thief copy your signature fro...
by kayanco
Fri Nov 10, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2179

Re: Inactive accounts closed?

I have a slightly different question. Let's say you have a checking account that has the minimum balance needed to avoid a monthly fee. If you decide you no longer want the account, can you simply draw it down to zero? Or will the bank try to levy fees against you? I know the question is ludicrous,...
by kayanco
Fri Nov 10, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2179

Re: Inactive accounts closed?

I just have my bank mail a $1 check every six months. The amount is too small to care about clawing it back. I would feel bad for the postage and paperwork this strategy generates for the bank... but I figure they'll survive on the rate differential between the real world and the 0.1% their money m...
by kayanco
Fri Nov 10, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2179

Re: Inactive accounts closed?

incowtown wrote:
Fri Nov 10, 2017 4:47 pm
For a checking, I have it tied to ally and automatically transfer $5 per week.
Thanks for sharing.
Have you automated it? Do you then transfer the money back?
by kayanco
Fri Nov 10, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2179

Re: Inactive accounts closed?

For accounts at financial companies I want to keep active, but not use, I set an automatic $5 deposit each month. For credit cards, I put a couple bills on them like Netflix and have the card balance paid in full each month. Those strategies pay off because they represent activity, and the accounts...
by kayanco
Fri Nov 10, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2364

Re: PayPal alternative?

There is no Paypal fee if you are sending money to a friend, even with a credit card. One of the two people HAS to pay a fee. I think you can select the transaction such that the friend would pay the fee. But's it's not possible that neither pay a fee. Otherwise, that would be a HUGE loophole. You ...
by kayanco
Fri Nov 10, 2017 10:37 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2364

Re: PayPal alternative?

This is an issue for eBayers -- your family members aren't likely to claim that they never got the cash, are they? :happy Not sure where customer service would even factor in here. My kids swear by Venmo. I had an issue with PP where someone fraudulently initiated transactions from my account. I pu...
by kayanco
Fri Nov 10, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2179

Re: Inactive accounts closed?

Thanks all who provided their experiences.

Doesn't look like a hard and fast rule.

I have a some old accounts (cards and checking). 1-2 I'd rather not be closed even though I don't use them. Does logging into the account online constitute "activity", or does it have to be an actual transaction?
by kayanco
Fri Nov 10, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Inactive accounts closed?
Replies: 30
Views: 2179

Re: Inactive accounts closed?

Recently I was living in their city and in need of a mortgage. I took the old statements (showing they drained my account) into a branch and asked if they would refund the fees to get my mortgage business. They would not. I got a mortgage from another lender. Excellent. I really like this idea you ...
by kayanco
Fri Nov 10, 2017 8:55 am
Forum: Personal Finance (Not Investing)
Topic: PayPal alternative?
Replies: 47
Views: 2364

Re: PayPal alternative?

Bfwolf wrote:
Fri Nov 10, 2017 12:42 am
I agree Venmo is better.
Can you please explain better in what way?
Thanks.