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Saturday, May 06, 2006

#224: Crappy Online Savings Banks

Online savings accounts that don't allow you to electronically transfer money out for free. I've signed up for a couple for various bonus offers not knowing this was the case and I won't ever again because I find it ludirous that they don't have a mechanism to withrawing money as easy as they have for putting it in. Why would anyone use these banks like Netbank, when there are ones that pay higher interest and allow for easy free ACH withdrawals like ING and Virtual Bank? Severity 5

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