The bank that I have been using is changing over to SIMMONS BANK. While reading the fine print that has to be agreed upon I came across a fee of $5.95 to download financial information directly into my Quicken money file. I have not ever been charged a fee to use Quicken for downloads. Is anyone else ever been charged for using Quicken for this?
Simmons Bank Anywhere Online & Mobile Banking
Oct 20, 2016
2 Replies
I seem to recall others posting about this practice in the past, although fortunately my primary bank (USAA) does not. Doesn't surprise me though - I understand Intuit charges FIs a lot of money to allow direct connect downloads.
If you haven't already, you may want to review:
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To avoid the bank's fee for use of the Direct Connect connection method, I suggest you use the Web Connect connection method.
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