#bank

HSA: Optum Bank to Optum Financial?

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HSA: Optum Bank to Optum Financial? My employer recently switched PEOs so we now have a different insurance provider and HSA providers. My old HSA is through Optum Bank and has investments in Betterment. I’m looking to transfer everything to the new Optum Financial account. The customer service team at both Optums were subpar. From my understanding, I need to first transfer my Bet…

Reddit Personal Finance 447 2024-07-14

How to pay in Thailand? Card+Cash, wich bank does it offer with low fees?

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How to pay in Thailand? Card+Cash, wich bank does it offer with low fees? Hello guys and girls, I am a EU citizen and I will travel to Thailand for 1month. Can anyone help me with the question how to pay there? Ideally would be a banking card where I can pay at the POS devices without fees + be able to withdraw local currency without paying any/too much fees. Can anyone reccomend me a bank where I can get a card like …

Reddit Travel 507 2024-07-11

Transferring cash from foreign bank account to US?

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Transferring cash from foreign bank account to US? A friend of mine received an inheritance deposit in their foreign bank account. What’s the easiest and cheapest way for them to transfer that cash (six figures USD) from that account to an American bank account? Do they need to consult a tax professional? They are an American citizen. submitted by /u/AztecTuna

Reddit Personal Finance 451 2024-07-11

Bank denied my claim of $1800 in fraudulent transactions. Help?

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Bank denied my claim of $1800 in fraudulent transactions. Help? 2 weeks ago I noticed my bank account was completely wiped clean, and I was overdrawn by $-1500. Somehow, someone hacked into my Cashapp account that I’ve only used a handful of times, and transferred money to their account. At least that’s what it looks like to me. I immediately called my bank and reported it, they shut down my debit card, and …

Reddit Personal Finance 573 2024-07-11

Fifth Third Bank Fined $20 Million Over Bogus Fees, Car Repossessions

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Fifth Third Bank Fined $20 Million Over Bogus Fees, Car Repossessions No, the bankers weren’t donning ski masks, using screwdrivers to break windows, or hotwiring cars to skive off with them in the middle of the night. But according to the Consumer Financial Protection Bureau, Fifth Third Bank illegally repossessed the cars of over 1,000 families after forcing their customers to buy… Read more…

Jalopnik 1.3k 2024-07-10

You Should Put Your Money in a Local Bank

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You Should Put Your Money in a Local Bank Massive national and online banks may entice you with convenience and a broad range of services—but there are many reasons why banking local is a better idea.

Lifehacker 840 2024-07-10

Progressive said they didn’t get the payments because my bank took it back due to bank correction but I never got the reversals.

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Progressive said they didn’t get the payments because my bank took it back due to bank correction but I never got the reversals. So here’s a little complex story short. In April I paid for progressive car insurance 1002 dollars, then the policy changed so I paid another 698 bucks on May 26. However I decided that I no longer want to deal with progressive so I changed my insurance company to GEICO, and got two payments of refund on June 5 and June 6. That was the end of th…

Reddit Personal Finance 939 2024-07-09

Vanguard Bank Sweep vs MMF?

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Vanguard Bank Sweep vs MMF? If you opt in for the vanguard bank sweep, is that similar to just putting money in a savings account earning about 4.6% interest? With the bank sweep, there is no way you can lose money (have a negative yeild) right? worst case scenario the interest rate goes down, right? Also, in the event the banks fail, you are insured for up to 1.25 miliion…

Reddit Personal Finance 687 2024-07-09

Best bank to refinance an auto loan?

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Best bank to refinance an auto loan? I’ve never had to do this before and everywhere I turn, I get contradicting advice. I have a car that started at about $19,600 at 7.99%. I got it February of 2023 and I have about $15,300 of the principle remaining. My mom is the main signer and I’m a co signer, but she wants to be taken off the loan. We want to put my husband on it so he can ge…

Reddit Personal Finance 467 2024-07-09

Help… want to deposit 25k into bank

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Help… want to deposit 25k into bank Title says it all. I don’t mind depositing and filing a report but my situation is odd. The 25k comes from my mom and I saving up over the years. Most of the money comes from my mom who works under the table. I want to deposit it and transfer it to a HYSA for us both. Am I over thinking it? Will I have to pay taxes on it? Please educate me thank…

Reddit Personal Finance 1.3k 2024-07-06

Additional Deposit from Bank

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Additional Deposit from Bank A few months ago my husband switched jobs. As part of that his 401k administrator switched from Empower to Fidelity. He received a check from Empower to Fidelity. We mailed it. Weeks go by, nothing happens. So we call Empower have them cancel the check and send another. This is then sent and deposited. End of story or so we thought. Yesterday, t…

Reddit Personal Finance 1.1k 2024-07-04

Bank refused to write a cashiers check – never heard of this

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Bank refused to write a cashiers check – never heard of this Wanted to get some insight as I’ve never run into this issue before nor has anyone else I’ve known. I’m based out of the US. Tried to send a wire transfer to a colleague / extended family member of mine. The bank refused due to fraud protection. I didn’t take any issue with it since wires are often a primary instrument for scams and financial fr…

Reddit Personal Finance 1.2k 2024-07-04

Bank requiring me to open an IRA in my name to inherit one?

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Bank requiring me to open an IRA in my name to inherit one? I’ve inherited a very small IRA and the bank where it’s located is telling me I must open an IRA in my name which they will then transfer the money to and this is the only way for me to access the money. I hate the bank in question and don’t want to get involved in with them by opening an account, even if I can close it immediately. Is there any…

Reddit Personal Finance 1.2k 2024-07-03

Recently financed a car, now the dealership is saying the bank is asking for my SS# because it doesnt match the application

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Recently financed a car, now the dealership is saying the bank is asking for my SS# because it doesnt match the application I recently financed a car. I had to fill out an application online myself. Im assuming I got approved because I completed the sale at the dealership and left with the car. My credit report said there was an inquiry, so I got run. The salesman that I bought the car from told me to call the finance manager because the bank is asking for my SS# bec…

Reddit Personal Finance 885 2024-07-03