Comments on: The Dangers of Online Banking

By: Milton Kent Chalifoux

Milton Kent Chalifoux — Tue, 03 Feb 2009 16:34:34 +0000

I’ve used Wells Fargo Online Banking for 3 years now. Do you have reports about anybody having any problems with this service?

By: Best Online Banks | Latest News Today

Best Online Banks | Latest News Today — Wed, 03 Sep 2008 09:00:28 +0000

[...] BeancounterBlog.com | The Dangers of Online Banking – Hopefully you know by now that I am a big fan of online banking. I’m not talking about your online account with Wells Fargo though – I’m talking about pure online banking through an online bank such as Emigrant Direct, HSBC, or ING Direct. However, a few days ago the big news around the personal finance blog water cooler was the broken website at Emigrant Direct. [...]

By: Moving On

Moving On — Sat, 26 Aug 2006 00:15:50 +0000

I just closed my Emigrant Direct account today. Last month, I had to scramble to find alternate funds to pay bills during that abominable website blackout, that went on for days. I was completely locked out, Customer Service could only tell me to “wait”, and I received no reply to my deperate e-mail for a full week. Today, after I thought the problems were resolved, I was once again locked out, Customer Service could only advise “wait”, and I had to sweat over unpaid bills once again. This bank is totally over its head, and in my opinion is not worthy of remaining in business.

By: CustomersAreAlways

CustomersAreAlways — Fri, 04 Aug 2006 04:56:49 +0000

US Bank Guarantees “Five Star Service”?…

Today I passed by a US Bank (USB) where their sign reads, "Five Star Service Guaranteed" and I thought it to be a very bold statement. I visited the company’s website and found this on the "About U.S. Bancorp" page:……

By: AJ

AJ — Mon, 31 Jul 2006 17:59:28 +0000

Turns out it wasn’t a minor thing with WaMu.

http://news.com.com/Glitch+continues+to+plague+Washington+Mutual/2100-1038_3-6099998.html

It is fixed now but I’m glad I didn’t have a critical bill during that period.

By: Jesse

Jesse — Sun, 30 Jul 2006 05:54:46 +0000

Emigrant’s web site upgrade has to be one of the worst I’ve ever seen. Let’s not taint those online banks who have responsible technology decision makers and strong development, quality assurance and operations groups with the same brush as Emigrant.

By: financial freedumb

financial freedumb — Fri, 28 Jul 2006 23:06:52 +0000

I don't think HSBC is an online only bank...Looks like they are pretty big in NY.

By: AJ

AJ — Fri, 28 Jul 2006 15:48:15 +0000

Coincidentally enough, after reading this post I went to check on my Washington Mutual account and saw that they were “unable to process my request at this time.” I realize that there are plenty of brick and mortar branches but not on the east coast where I live so it is essentially an online only bank for me. Bottom line is that it is annoying when they go down.