Has anyone else "taken the plunge"?

[broncovet]

  Here is what I mean.  I want to change my bank.  They are slow, and almost eveyone gets their check deposited a day or two before I do.  And they are a pain in the neck other wise, too.  I ownt list the bank name, for privacy and to prevent phishing and hackers.  But its a well known big bank.  

   I have another bank, that I feel confindent wont do me wrong like this bank.  But, I have been with this bank for 10 plus years.  Worse, I know if there is "any" kind of an error "anywhere", my life will be a disaster for months or even years if it ever gets straightened out.  I know that "even if there is no glitch" VA will find a way to find a way to create a glitch.  Its what they do best.  After all, if VA did not make mistakes or glitches, we would need to shut down both the BVA and the CAVC.  The VA wont fix errors, they just tell us to appeal, and wait 5 years.  I already lost my home once, with VA glitches, which took years to fix, so Im reluctant to even consider exposure to another VA glitch.  

     Even if its just changing my bank account.  has anyone changed their bank account where the VA check is deposited, and did anyone have glitches?  

[broncovet]

It sounds like several of you have changed banks, "without" too much hassle.  Thank you for that feedback. 

My "new" bank is actually a money market (with no minimum balance) account which currently pays 5% daily interest.  

Since my checks are sllllllllloooooooow, and earn 0 interest now, and it takes another 2 or 3 days to transfer it via ACH to my "new" bank (money market account paying interest), that means almost  $4.00 per month is wasted waiting on my bank 2 days, then waiting another 3 days for it to arrive in the money market account.

Sure $4.00 per month does not sound like a lot. But that's closer to about $100 per year, when you add in many times it happens on weekends and holidays and takes even longer.  And, I dont have enough money to squander $100 per year on a bank which pays zip interest and sits for days on my deposit from VA.  

When I can, I pay everything with a credit card which pays me back 2% on everything.  Since Im able to put about $3000 worth of "everything" on a credit card, that amounts to about $60 more per month I earn by using the credit card for everything I can..food, gas, resteraunts, many bills, utilities, etc., will accept credit cards.  I never buy anything on a credit card "unless" I already have the cash to pay the credit card, and I always pay my credit card "in full" each month and NEVER pay credit card interest.  (I never carry a credit card balance, but always pay the full amount when due.  )

Im probably gonna take the plunge, because $100 or so it will save by changing banks, per year, is worth it.  That's $1000 in 10 years.  

[Tbird]

I was looking at CreditKarma. If you get direct deposits from the government, it gets deposited about a week early.

[brokensoldier244th]

25 minutes ago, Tbird said:

I was looking at CreditKarma. If you get direct deposits from the government, it gets deposited about a week early.

They haveHeber banking?

[Lemuel]

5 hours ago, Tbird said:

I was looking at CreditKarma. If you get direct deposits from the government, it gets deposited about a week early.

Citi bank did not credit the deposit until the first of the month.  PenFed does credit it when it arrives.  Citi Money Market pays a higher interest than PenFed.  You win some and lose some.

[Tbird]

19 hours ago, brokensoldier244th said:

They haveHeber banking?

They have savings and checking accounts now.