Can anyone recommend a DirectConnect bank for use w/Quicken 2004?

I'd like to change from Wells Fargo(ne).

I'd like:

  1. ATM access here in Portland / Beaverton, Oregon - with no fees.
  2. Absolutely MUST have ***DirectConnect*** with NO fees.
  3. Would love to have bill pay with no fees.
  4. Interest is of little/no concern to me - as I won't have much in the account.
  5. Offer Visa which works with DirectConnect.
  6. Be well established in online /net banking.
  7. Not require downloading /qif/etc... - must be DirectConnect!
  8. Not require that I upgrade from Quicken 2004 (I'm happy with it).

Thanks!

Searcher

Reply to
Searcher
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Reply to
Searcher

Try First Internet Bank (FirstIB.com)

2 concerns:

- although the opening amount is $100, you'll need $500 balance to avoid $10 monthly fee

- sunset of Q2004

Searcher wrote:

Reply to
gklatv

When I spoke with Intuit, they told me Quicken 2004 supported DIrectConnect, and indicated it was prior versions that they were dropping support for. $10 monthly fee does not meet my criteria. I have a monthly DD of over $770, and notice many banks offering no monthly fees, etc... Just have not been able to ascertain which have DirectConnect support (calling their phone reps is almost useless).

gklatv wrote:

Reply to
Searcher

I hope someone can give you an answer. I moved my account to Wachovia for number 3 only to learn that as a new customer I can not use that "feature" From past messages it appears that more and more banks will not allow you to direct pay except through their on line web site. As someone else said you reason number 8 will disappear sooner or later.

Reply to
Capt. Tuttle

Q2004 will get sunsetted ... probably in April next year.

Many of the banks offering direct downloads for no fee require other things, such as minimum balances or direct deposit, etc.

To see if a financial institution offers direct connect, look at your Participating Financial Institutions List in Quicken.

Reply to
John Pollard

wow. I cant believe that nobody yet has been able to name a bank offering direct connect with no fee. As I mentioned, I do have a monthly Direct Depost which seems attractive to many banks. I'm hoping that will qualify me somewhere.

John Pollard wrote:

Reply to
Searcher

I'm with Wachovia and am grandfathered so I can still use Quicken for billpay. One of these days I fully expect them to revoke that privilege so that I'll have to go on Wachovia's website and use their billpay. I assume that's what you're doing. How do you like (or dislike) it?

Reply to
Arnie Goetchius

I refuse to use Wachovia's bill pay. If and when I find a bank that will let me pay my bills the way I did for years I'll move the account again. Granted I was paying for that service at my old bank and I moved to Wachovia just for that free service. So, the bottom line for me is that I would pay Wachovia to be able to use Quicken even though they got my business under false pretense. Every time I see their TV ad about how much they care about customers and are number one in customer satisfaction I want to scream. For now I have gone back to writing checks!

Reply to
Capt. Tuttle

If you go to the Intuit Website and search, you will find your banks meeting your criteria is pretty slim in the Northwest. There is NetBank that meets your criteria, but you would be banking solely via the internet. I don't know anything about the quality of their service as I don't bank with them.

Goto the > wow. I cant believe that nobody yet has been able to name a bank

Reply to
Oilcan

I still have a CD non-roth IRA with them. But I don't have to do anything with it except let it sit. It will even automatically renew itself in a couple of years if I do nothing.

But there was a time when I had a couple of other accounts with them, including checking. At the time I was not happy with the service. As I recall (and memory may be faulty) the transfers to/from non-Netbank accounts was pretty quirky. It's like the transfers would disappear into a hole for a few days after you made it. You know you initiated the transfer and at some point it would eventually show up in the other account, but there was a period of several days when you didn't know where the transfer was. It was like when the Apollo crafts would go behind the moon and we'd lose radio contact with them. Then the transfer would show up as "posted" in your account but you still couldn't access it. I forget what terminology they used to differentiate between when the transfer was posted and when you could actually use the money, but I found it real hard to navigate. I eventually closed everything except for the IRA.

Then they upgraded their software and transfers completely disappeared! In other words, I would effectuate a transfer and the site would show that I'd started the process, but then the process would never be completed. It was very weird. I think they finally fixed that.

Anyone else remember that with Netbank? This would have been maybe four or five years ago.

Reply to
DP

And on that note.....I'd like to consider 'First Internet Bank' (of Indiana). I spoke with their telephone rep and she checked and came back to tell me that Direct Connect using Qucken was FREE and their min. opening balance is $25. I think I'm going to give them a try since I couldn't get any other online bank suggestions (except NetBank with it's neg. feedback here).

Anyone with expereince with First Internet Bank?

DP wrote:

Reply to
Searcher

Please, check FirstIB site for yourself (FirstIB.com) $25 opening deposit is for their Free Checking account which does not earn you an interest, doesn't allow ATM surcharge rebates and does not give you a free BillPay. You would want their Interest Checking account most likely, which comes with BillPay included. Their BillPay is very good - I never had any problems with it. But it's from their website, not from within Quicken. Don't forget about $500 balance to avoid monthly service fee on this account.

You can "pull" money from linked acounts in other banks - it's free and very fast. To "push" money out of FirstIB to other banks would cost $5.

They provide free electr> And on that note.....I'd like to consider 'First Internet Bank' (of

Reply to
gklatv

I manage my parents finances through Quicken. I moved their checking and savings (a real pain) to Wachovia because I was promised that I could pay bills through Quicken not just through their online bill pay. Once we got everything moved over and set up I find that they no longer allow customers to use quicken to pay bills. I was told to use their website. Of course I raised holy hell and started going up through the food chain until I got what I was promised. They got a techie online with me and he set things up and now I pay all my parents bills through quicken. The techie said I must have talked to the right person because they simply don't do this anymore with new customers. Bitching to a $7/hour Wachovia customer service rep who doesn't know the difference between website bill pay and quicken bill pay is a waste of time.

Reply to
Don

I got in touch with "a friend of a friend" who told me that she could put me in touch with a tech who would walk me through the 80 steps it would take to see IF I could pay bills through Quicken. I didn't bother to call back to try. I know I should not have given up, but I did. I was afraid that after the 80 steps I would be told the same thing. "We don't offer that to new customers".

Reply to
Capt. Tuttle

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