I opened up my first checking/savings account with Washington Mutual when I was 16. I loved WaMu and was not happy when Chase acquired them a couple years ago. I was a die hard WaMu fan, but had absolutely no loyalties to Chase, especially once they tried changing the terms of my checking account requirements. As my good friend Snoop Dogg would say “I dropped them like they’re hot.”
I’m kind of an account whore as Girl Ninja and I have a Credit Card with Bank of America, a Credit Card with Chase, a Checking/Savings account with Wells Fargo, and a Savings account with ING Direct. Needless to say, we get around 🙂
When I think about all of the different financial institutions I’ve banked with over the years, few have really impressed me. ING and Wells, however, have been pretty awesome.
ING is the Coolest. Bank. Ever. No joke. They’re hilarious. They have clever marketing campaigns and are always challenging their customers to save. In fact, one of their slogans is “‘No ones ever had savers remorse.” They have a decent APY for their online savings account and are very customer friendly. I’ve used them for my primary savings account for a little over two years and couldn’t be happier.
I’ve had my Roth IRA through Wells Fargo since 2007, but didn’t open a checking account with them until 2010. While I wouldn’t necessarily say Wells is great for everyone, they DO offer a Portfolio Management Account (PMA) to customers that meet certain minimum requirements. If you are able to qualify for a PMA account, I challenge you to find a bank that offers something better. 100 commission free online trades, no brokerage account annual fee, interest bearing checking, free ATM withdrawals (from other banks too), free checking, free saving, unlimited free custom checks, personalized debit cards. The list goes on and on. I switched from Chase to Wells and couldn’t be happier.
All right so now that I’ve shared why I love ING and Wells, it’s your turn to share who you bank with and why you love them. If you are a creature of habit and only bank with your bank because you have been with them for “X” years, maybe it’s time you start looking for something new. Life’s too short to have a mediocre bank.