Need bank recommendation

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purplepencil
Posts: 1
Joined: Fri Jan 18, 2019 6:08 pm

Need bank recommendation

Post by purplepencil »

I am looking for a new bank. My current institution locked my ATM card when I tried to use it outside of my area. I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience. For example are there any banks where you can unlock a card or authorize questionable transactions with the banks app? Or where travel notifications are easy to create and take effect quickly? Or maybe the bank would call me and check if the transaction was legit.

It would be fantastic if a recommended bank also allowed for second factor authentication.

Thanks for any info.
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arcticpineapplecorp.
Posts: 15014
Joined: Tue Mar 06, 2012 8:22 pm

Re: Need bank recommendation

Post by arcticpineapplecorp. »

purplepencil wrote: Wed Oct 05, 2022 7:43 pm I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience.
when i logged into vanguard the other day a short questionaire popped up that asked me if i thought their security was sufficient or not. But what i found interesting was the final question that asked which of the two I valued from Vanguard more: security or convenience.

they were acknowledging that there are tradeoffs in life and if you want security you have to give up some convenience and vice versa.

have you checked with Schwab? They have a very robust ATM system in that you can use it anywhere I believe even internationally. Not sure about their security protocols though so you'd have to ask them about that. But I think they're going for convenience there (not saying they're compromising security, i don't know because i don't have a schwab account). I'd ask them about their protocols.
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mhalley
Posts: 10424
Joined: Tue Nov 20, 2007 5:02 am

Re: Need bank recommendation

Post by mhalley »

You might also check the fidelity as a one stop shop thread.
viewtopic.php?t=266538
manlymatt83
Posts: 1286
Joined: Tue Jan 30, 2018 7:23 am

Re: Need bank recommendation

Post by manlymatt83 »

I like chase, Alliant or first republic. Navy federal isn’t bad either.
cabfranc
Posts: 271
Joined: Tue Jun 25, 2019 12:46 pm

Re: Need bank recommendation

Post by cabfranc »

purplepencil wrote: Wed Oct 05, 2022 7:43 pm I am looking for a new bank. My current institution locked my ATM card when I tried to use it outside of my area. I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience. For example are there any banks where you can unlock a card or authorize questionable transactions with the banks app? Or where travel notifications are easy to create and take effect quickly? Or maybe the bank would call me and check if the transaction was legit.

It would be fantastic if a recommended bank also allowed for second factor authentication.

Thanks for any info.
Just curious, are there are any banks that do not have two-factor authentication in 2022? It seems that every website has it, even ones where I can't figure out a good reason, like logging into my public library to renew books.
SevenBridgesRoad
Posts: 1179
Joined: Sat Jul 07, 2018 12:14 am

Re: Need bank recommendation

Post by SevenBridgesRoad »

We've been happy with Chase for checking account. Even though we use the website for 99.9% of transactions, it's nice to have a physical branch a mile from our home, and nationwide if needed.
manlymatt83
Posts: 1286
Joined: Tue Jan 30, 2018 7:23 am

Re: Need bank recommendation

Post by manlymatt83 »

SevenBridgesRoad wrote: Wed Oct 05, 2022 10:11 pm We've been happy with Chase for checking account. Even though we use the website for 99.9% of transactions, it's nice to have a physical branch a mile from our home, and nationwide if needed.
I second this. They don’t pay interest but I generally only keep a few thousand in as base. I look at the $30/year I’m losing in interest as a fee for simplicity and an awesome user interface.
Janclam
Posts: 21
Joined: Mon Oct 03, 2022 11:23 pm

Re: Need bank recommendation

Post by Janclam »

cabfranc wrote: Wed Oct 05, 2022 9:59 pm
purplepencil wrote: Wed Oct 05, 2022 7:43 pm I am looking for a new bank. My current institution locked my ATM card when I tried to use it outside of my area. I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience. For example are there any banks where you can unlock a card or authorize questionable transactions with the banks app? Or where travel notifications are easy to create and take effect quickly? Or maybe the bank would call me and check if the transaction was legit.

It would be fantastic if a recommended bank also allowed for second factor authentication.

Thanks for any info.
Just curious, are there are any banks that do not have two-factor authentication in 2022? It seems that every website has it, even ones where I can't figure out a good reason, like logging into my public library to renew books.
Amazingly, capitalone and ...360 don't offer it. I've had the above-2 accounts for many years and i've never seen any options
in the settings to enable 2fa,. I just enter my username and pw to login.....which sucks.
djshackesq
Posts: 73
Joined: Thu Feb 26, 2015 1:16 pm

Re: Need bank recommendation

Post by djshackesq »

Janclam wrote: Thu Oct 06, 2022 12:24 am
cabfranc wrote: Wed Oct 05, 2022 9:59 pm
purplepencil wrote: Wed Oct 05, 2022 7:43 pm I am looking for a new bank. My current institution locked my ATM card when I tried to use it outside of my area. I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience. For example are there any banks where you can unlock a card or authorize questionable transactions with the banks app? Or where travel notifications are easy to create and take effect quickly? Or maybe the bank would call me and check if the transaction was legit.

It would be fantastic if a recommended bank also allowed for second factor authentication.

Thanks for any info.
Just curious, are there are any banks that do not have two-factor authentication in 2022? It seems that every website has it, even ones where I can't figure out a good reason, like logging into my public library to renew books.
Amazingly, capitalone and ...360 don't offer it. I've had the above-2 accounts for many years and i've never seen any options
in the settings to enable 2fa,. I just enter my username and pw to login.....which sucks.
Oh but they do. I had major issues where it wouldn’t recognize my login location despite it not changing and I actually hit my limit of how many times I could get an SMS code within 24 hours. I left Capital One because of these types of issues.
Janclam
Posts: 21
Joined: Mon Oct 03, 2022 11:23 pm

Re: Need bank recommendation

Post by Janclam »

djshackesq wrote: Thu Oct 06, 2022 7:51 am
Janclam wrote: Thu Oct 06, 2022 12:24 am
cabfranc wrote: Wed Oct 05, 2022 9:59 pm
purplepencil wrote: Wed Oct 05, 2022 7:43 pm I am looking for a new bank. My current institution locked my ATM card when I tried to use it outside of my area. I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience. For example are there any banks where you can unlock a card or authorize questionable transactions with the banks app? Or where travel notifications are easy to create and take effect quickly? Or maybe the bank would call me and check if the transaction was legit.

It would be fantastic if a recommended bank also allowed for second factor authentication.

Thanks for any info.
Just curious, are there are any banks that do not have two-factor authentication in 2022? It seems that every website has it, even ones where I can't figure out a good reason, like logging into my public library to renew books.
Amazingly, capitalone and ...360 don't offer it. I've had the above-2 accounts for many years and i've never seen any options
in the settings to enable 2fa,. I just enter my username and pw to login.....which sucks.
Oh but they do. I had major issues where it wouldn’t recognize my login location despite it not changing and I actually hit my limit of how many times I could get an SMS code within 24 hours. I left Capital One because of these types of issues.
Well I'll have to call them and find out why my online-security- settings have never shown that option. I've looked very carefully
a few times....no option for 2fa.
djshackesq
Posts: 73
Joined: Thu Feb 26, 2015 1:16 pm

Re: Need bank recommendation

Post by djshackesq »

Janclam wrote: Thu Oct 06, 2022 10:57 am
djshackesq wrote: Thu Oct 06, 2022 7:51 am
Janclam wrote: Thu Oct 06, 2022 12:24 am
cabfranc wrote: Wed Oct 05, 2022 9:59 pm
purplepencil wrote: Wed Oct 05, 2022 7:43 pm I am looking for a new bank. My current institution locked my ATM card when I tried to use it outside of my area. I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience. For example are there any banks where you can unlock a card or authorize questionable transactions with the banks app? Or where travel notifications are easy to create and take effect quickly? Or maybe the bank would call me and check if the transaction was legit.

It would be fantastic if a recommended bank also allowed for second factor authentication.

Thanks for any info.
Just curious, are there are any banks that do not have two-factor authentication in 2022? It seems that every website has it, even ones where I can't figure out a good reason, like logging into my public library to renew books.
Amazingly, capitalone and ...360 don't offer it. I've had the above-2 accounts for many years and i've never seen any options
in the settings to enable 2fa,. I just enter my username and pw to login.....which sucks.
Oh but they do. I had major issues where it wouldn’t recognize my login location despite it not changing and I actually hit my limit of how many times I could get an SMS code within 24 hours. I left Capital One because of these types of issues.
Well I'll have to call them and find out why my online-security- settings have never shown that option. I've looked very carefully
a few times....no option for 2fa.
From what I recall there's no setting for it, it's just part of their default. The one setting they do have in the mobile app is to use the app as authentication to login elsewhere.
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samsoes
Posts: 2794
Joined: Tue Mar 05, 2013 8:12 am
Location: Northeast Rat Race

Re: Need bank recommendation

Post by samsoes »

cabfranc wrote: Wed Oct 05, 2022 9:59 pm
purplepencil wrote: Wed Oct 05, 2022 7:43 pm I am looking for a new bank. My current institution locked my ATM card when I tried to use it outside of my area. I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience. For example are there any banks where you can unlock a card or authorize questionable transactions with the banks app? Or where travel notifications are easy to create and take effect quickly? Or maybe the bank would call me and check if the transaction was legit.

It would be fantastic if a recommended bank also allowed for second factor authentication.

Thanks for any info.
Just curious, are there are any banks that do not have two-factor authentication in 2022? It seems that every website has it, even ones where I can't figure out a good reason, like logging into my public library to renew books.
Yes. One of the largest retail banks in Connecticut. The only additional security are the questions it asks like the first car I drove, or my favorite TV show. I called, and they confirmed that they do not offer 2fa. Shameful!
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816_Feet
Posts: 83
Joined: Sun Nov 03, 2019 9:14 am
Location: Chicago, IL

Re: Need bank recommendation

Post by 816_Feet »

I sign up for bank account bonuses regularly, so I've had or have accounts at most of the larger banks. We keep Chase because of the physical locations, but the bulk of our banking is done with SoFi. Their app and website are very feature rich and easy to use. They also pay 2.5% interest on checking accounts.
Gronnie
Posts: 339
Joined: Sun Oct 19, 2014 2:08 pm

Re: Need bank recommendation

Post by Gronnie »

cabfranc wrote: Wed Oct 05, 2022 9:59 pm
purplepencil wrote: Wed Oct 05, 2022 7:43 pm I am looking for a new bank. My current institution locked my ATM card when I tried to use it outside of my area. I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience. For example are there any banks where you can unlock a card or authorize questionable transactions with the banks app? Or where travel notifications are easy to create and take effect quickly? Or maybe the bank would call me and check if the transaction was legit.

It would be fantastic if a recommended bank also allowed for second factor authentication.

Thanks for any info.
Just curious, are there are any banks that do not have two-factor authentication in 2022? It seems that every website has it, even ones where I can't figure out a good reason, like logging into my public library to renew books.
I barely consider SMS to be "2 factor".
evelynmanley
Posts: 1022
Joined: Tue Sep 21, 2010 9:13 am

Re: Need bank recommendation

Post by evelynmanley »

cabfranc wrote: Wed Oct 05, 2022 9:59 pm
purplepencil wrote: Wed Oct 05, 2022 7:43 pm I am looking for a new bank. My current institution locked my ATM card when I tried to use it outside of my area. I know that all banks will have some kind of security policy, so what I am really looking for is one where that security is combined with some customer convenience. For example are there any banks where you can unlock a card or authorize questionable transactions with the banks app? Or where travel notifications are easy to create and take effect quickly? Or maybe the bank would call me and check if the transaction was legit.

It would be fantastic if a recommended bank also allowed for second factor authentication.

Thanks for any info.
Just curious, are there are any banks that do not have two-factor authentication in 2022? It seems that every website has it, even ones where I can't figure out a good reason, like logging into my public library to renew books.
Ally Bank and Discover Bank do not have consistent 2FA. It's maddening. Chase and Bank of America, in my experience, always have 2FA.
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