Hacker News Reader

Comment by dkl | Hacker News Reader

ING and USAA are two really good banks that have no physical presence. I use both of them. USAA has mobile deposit of checks, too. I can't see how BankSimple can beat them, but maybe they can.

View on HN

I've also got USAA and no one has ever been able to come close to their rates, service and features. They came out with the mobile deposits before anyone else and continue to constantly improve. At this point, you couldn't pay me to leave USAA.

That being said, they've proven you don't have to have a physical presence to build an awesome bank. So I'm excited to see what happens with BS.

Are there any other online banks that you can suggest? I'll move to the US within the next few weeks and I'm currently looking for such a bank. Unfortunately I'm not eligble for an USAA acount and ING requires an existing US checking account for account creation.

I've never used, but for a general purpose bank, I hear good things about Ally. A pretty good site that gathers info and allows for some research is http://www.mybanktracker.com/

http://www.bankfox.com/savings

is a good comparison site. I would check out Ally, Schwab, and Capital One.

USAA is awesome. walking around NYC and seeing how many BUILDINGs with HUGE space for banking just kills me. Their BANKS, not a restarant, they store your money and thats it! I am also a huge fan of TD Bank as they are open 7 days a week and deposit checks into your account next day (none of this waiting crap like BoA). The recent, Chase/WaMu fail seem to drive customers who had Free Checking to pay a Fee or leave, why do banks do this? The MBA bankers of America are killing the industry in a bad way. It's time for no physical banks and tech to make a difference. I am really excited to see what BankSimple does.

> Their BANKS, not a restarant, they store your money and thats it!

Do you know what banks actually do? For starters, they don't actually store your money...

Capital One just bought ING Direct (USA only)

Of note: ING direct was sold to Capital One last week. Capital One has til now addressed an entirely different demographic, so it'll be interesting to see if there are changes...

USAA is good, but it's interface doesn't compare to what BankSimple is shown so far.

And many banks have mobile deposit of checks... PNC, Schwab, Chase, State Farm etc.

I personally really like Schwab bank.

Edit to reflect that USAA banking is now open to all

To be honest, ING was one of my favorite banks. They handled security very well, and the customer service always knew what they were doing. After hearing this, well, I'll keep my account for now, but prior experience with Capital One makes me very leery.

Just a minor addition to the parent post. What was sold to Capital One appears to be ING Direct USA. Other branches of ING Direct in other countries were not affected by this operation. See https://secure.wikimedia.org/wikipedia/en/wiki/Ing_direct#IN...

Edit: kirpekar was faster than me a few comments below.

ING direct was sold to Capital One last week.

Wow. That's the first I heard of the news. A quick Google News search shows many ING customers (like myself) are upset.

This could be a boon for BankSimple. If Capital One botches the ING experience over the next two years, I'll definitely defect to BankSimple (assuming it's comparable).

You're only mad because you don't know anything about the company that used to own ING Direct (a Dutch bank called ING, currently heavily state supported because of over the top cowboy banking).

USAA's online banking is open to everyone.

It's their driving insurance and some other products that are not.

True, but their mobile deposits only work for full USAA members, taking away one of the largest benefits.

That said, if you have family that served in the military, give them a call. I was able to get a full account by asking my dad to sign up for a $27/year jewelry insurance plan. He didn't even have to switch his auto/property insurance.

I was able to sign up by just having my Dad get an online account.

You can also deposit checks at UPS stores... You give them a check and your debit card, it funds show up immediately (mobile deposit takes some business days).

Of note: ING direct was sold to Capital One last week.

Nooooooooooooooo! Well, if they screw it up, I'll move over to USAA. I also have a Schwab account, but don't use it as much as I used to.

Reply on news.ycombinator.com