I'm digging the one-click downloads a lot for my AmEx.  I also have a
Chase account and was considering the $9.95/mo fee.  Question for you,
Kevin, do you still enter transactions manually even though you
download them directly from Chase?

txcrew

On Mar 12, 7:02 am, Kevin Hoctor <[email protected]> wrote:
> 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 LLChttp://nothirst.comhttp://kevinhoctor.blogspot.com
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