On Mar 11, 2009, at 10:04 PM, glooft wrote: > Hi. I'm a long time Quicken user taking the plunge into MoneyWell. I'm > slowly figuring out the new way of thinking. However I am wondering > about the value of paying for Direct Connect. I have my checking and > savings accounts at Citibank (please hold your bailout comments until > later). I pay a monthly fee to have Quicken Direct Connect access. > > In Quicken it makes life pretty easy to just hit download and bam, > your recent transactions show up, you classify them and your done. But > paying $9.95/month is starting to bother me. > > The fact that the gov't is pouring trainloads of money into this > blackhole of a bank AND I have to pay another $9.95/month for Direct > Connect is really pushing me out the door of Citibank. > > If I switched to a bank without Direct Connect, would it really make > things more difficult? I am thinking of switching to TD Bank which is > on MW's financial institution list. What sort of differences would I > see? Anything?
Hi Gary, It's difficult to switch banks based on what they do or do not charge for right now. For years, Chase didn't charge for direct access and then last summer they started to do it also. It's a hassle switching and if you find out that a bank doesn't give you the nice detail in a direct connect or download that you had with your last bank, that could be frustrating too. One thing I like about Chase that I didn't see at Wachovia was the immediate processing of my transactions. Chase would show a pending transaction on their website minutes after it happened (freaked out my wife the first time I asked her what she just bought at Macy's when she hadn't left the store yet). This kind of solid information processing has helped keep me with them even though I pay $9.95 per month to use one-click MoneyWell access. Peace, Kevin Hoctor [email protected] No Thirst Software LLC http://nothirst.com http://kevinhoctor.blogspot.com --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "No Thirst Software User Forum" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/no-thirst-software?hl=en -~----------~----~----~----~------~----~------~--~---
