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Originally Posted by attgig
interesting. maybe i should leave my bank, and do one of those banks....
the one near me forces 12 debit transactions and reimburses 15 bucks a month.
would be kind of a pain for 12 transactions....
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I've seen a lot of those "smart money" types on the internet recommending using these as a way of maximizing savings and also supporting your local financial institutions at the same time.
the biggest challenge I see with these programs is the fact that since there are most likely none of their ATM machines in your city, you will rack up way more ATM surcharges than the $15-$25 they reimburse you for. at least most places accept credit cards now, which would help me reach their minimum debit card usage requirement as well. and I could withdraw large amounts of cash at a time.