T-Mobile Money

Discussion in 'HardForum Tech News' started by scojer, Apr 18, 2019.

  1. scojer

    scojer 2[H]4U

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    News Link


    T-Mobile Money site.

    My current bank's interest is low, I've been looking around for a new bank, and the 4% interest is tantalizing.

     
    Last edited: Apr 18, 2019
  2. WorldExclusive

    WorldExclusive [H]ardForum Junkie

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    Source?

    Wow. I can't keep up with all of the benefits TMo has. They're also launching TV, though expensive, they're really ramping up the competition on AT&T and Comcast.
     
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  3. scojer

    scojer 2[H]4U

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    They've got quite a few! The freebies every Tuesday, the exclusive concert seats, the 55+ plan, the Military plan, they've got quite a lot.
     
  4. pillagenburn

    pillagenburn Gawd

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    wasn't Glass-Steagall, before it was repealed, designed to prevent stuff like this from happening?

    I dunno how I feel about having my bank account with the same company that provides my cell service. It's like a cross between a man, a bear and a pig.
     
  5. Grimlaking

    Grimlaking 2[H]4U

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    1% return on a savings account is unheard of today. If it's FDIC insured that is even better.

    Did a little research. AVOID THIS LIKE THE PLAGUE!

    https://www.depositaccounts.com/banks/reviews/customers-bank.html


    They have some truly shit customer service. Transfer limits externally and internally that are... idiotic. RUN away from this deal.
     
    Last edited: Apr 18, 2019
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  6. Ihaveworms

    Ihaveworms [H]ardness Supreme

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    1% is actually quite low. You can get 2+ elsewhere easily. I have money in a discover savings account at 2.1%
     
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  7. scojer

    scojer 2[H]4U

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    There are only 20 reviews on your link, and last one is from 9/2018. I'll wait until there are more reviews to make my decision.
    After searching for other reviews (page 1 of google results), several sites recommend it, but no other user reviews except for FB. I'm not going to FB.
     
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  8. Burticus

    Burticus 2[H]4U

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    I'm a T-Mo customer and yet.... I dunno about this. 4% sounds good but capped at $3000 works out to like $10 a month... I can probably think of easier ways to make/save $10 a month
     
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  9. singe_101

    singe_101 2[H]4U

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    Is there some grudge against American Express? Use a real company not Customers Bank. And they will have better security.
     
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  10. $trapped

    $trapped [H]Lite

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    Glass-Steagall was about keeping retail banking and investment banking separate. Still, I'm not too keen on handing my money over to any business that tries to do everything. It's a sign that they've done all the growing they can in their primary field and must now look elsewhere to keep the eps growing for investors.
     
  11. HAL_404

    HAL_404 Limp Gawd

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    I'm thinking of opening a bank. I'll give ya 10% on your savings account no wait, they did that back in the 60's ... never mind :LOL::ROFLMAO::sick::sneaky:
     
  12. Nunu

    Nunu Limp Gawd

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    Don't . Do something like paypal or similar. Dodge regulatory agencies and could still provide most of the services traditional banks facilitate.
     
  13. sfsuphysics

    sfsuphysics I don't get it

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    and with inflation pushing 2% a year every year, you're barely staying ahead of the curve. Talk to an investment advisor at a bank, put your money to work, sure there's risk involved but if it's simply a savings in the traditional sense and not simply an account that gets nearly drained until payday arrives then you might as well try to make money with your money without even trying to think too much on it.
     
  14. Ihaveworms

    Ihaveworms [H]ardness Supreme

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    I keep other money in investments. Its good to keep some money in a traditional savings account when you plan to spend it within a year and don't want the risk. That being said, I still want the best return on the money I have in a savings account anyway.
     
  15. JayteeBates

    JayteeBates [H]ard|Poof

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    Not a bad deal really if your a T-mobile customer and want to use them for your bank but it is only 4% up to 3k not worth changing banks when you can easily get 2%+ on your whole account elsewhere - without all the limitations they have.
     
  16. fadedlogic

    fadedlogic Limp Gawd

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    They keep delaying their full TV launch and for good reason. The last couple times I have been in Tmo stores, the audio was out of sync with the picture, like watching a dubbed KungFu flick. I'd prefer my phone company focus on the phone part.