Netbank?

#32 03-01-2005, 01:05 AM

Certain checking account types at Wachovia allow a couple freebies per
month. I'm sure it has to do with minimum balance.

I initially chose Wachovia because they supported Money direct banking and
had a lot of ATMs in my area. I can always find one without much problem.
Failing that, buy a pack of gum at your local drug store at the POS terminal
and ask for cash back.
--
Chris Cowles
Gainesville, FL

<cpemberton2[at]hotmail.com> wrote in message
news:1109598137.273269.246690[at]o13g2000cwo.googlegroups.com...
- quote -

> Wachovia has much better service. The only disadvantage compared to
> Netbank is that you pay for ATM transactions at non-Wachovia ATMS. But
> the service there is much better.

#31 02-28-2005, 12:42 PM

I have used Netbank for about two years and I must say that their
service is mostly nonexistent, and when you can get some, their reps
are extremely rude and unhelpful. I've never had a major problem with
them, but from reading online banking forums, I have heard horror
stories. Since I was using them as my main bank, I decided to get out
before I had a real problem. I am now using Wachovia bank which has
free checking, free online bill pay and free bill pay from Money. Like
Netbank, you can also use Wachovia bill pay within Money to make epays
and apays. You don't even have to set up the payees of the website
beforehand, just set them up in Money and send the payment. Next time
you go to the online bill pay website, you see the payees to whom you
have sent payments in Money all set up.

Wachovia has much better service. The only disadvantage compared to
Netbank is that you pay for ATM transactions at non-Wachovia ATMS. But
the service there is much better.

Chris Cowles wrote:
- quote -

> I, too, am very unimpressed with their service, but it works for me
for my
> very limited purposes.
> "SteveC" <sconklan[at]yahoo.com> wrote in message
> news:uNS2AaRHFHA.3196[at]TK2MSFTNGP15.phx.gbl...
> > Hi, well in Alabama I have found just one that does deposits and it
is in
> > Mobile. So that is out. There is a 4-business day delay for the
> > transfers in and that is after the supplying bank does it, which is

> > 2-days. That means about 6-7 Business Days to get a deposit
credited!!
> > And 5,000 dollars is the limit. As you say it is best for long
term
> > savings so would like to send more. So wire transfer ($15 fee)
seems the
> > way to go. I will make enough in interest to justify it I guess.
> > > I still hesitate because two weeks after opening accounts, I still
don't
> > see my check order or my ATM/VISA card. The bank is in Atlanta,
which is
> > one day away by mail. So I remain unimpressed. Still, if maybe
all this
> > is because of regulations and getting the account opened and then
it won't
> > be aproblem. I am going to see what happens this week. But I
probably
> > will hunt elsewhere ultimately. I certainly am not sending them
any more
> > money without checks, deposits, etc.

#30 02-27-2005, 10:18 PM

I, too, am very unimpressed with their service, but it works for me for my
very limited purposes.

"SteveC" <sconklan[at]yahoo.com> wrote in message
news:uNS2AaRHFHA.3196[at]TK2MSFTNGP15.phx.gbl...
- quote -

> Hi, well in Alabama I have found just one that does deposits and it is in
> Mobile. So that is out. There is a 4-business day delay for the
> transfers in and that is after the supplying bank does it, which is
> 2-days. That means about 6-7 Business Days to get a deposit credited!!
> And 5,000 dollars is the limit. As you say it is best for long term
> savings so would like to send more. So wire transfer ($15 fee) seems the
> way to go. I will make enough in interest to justify it I guess.
> I still hesitate because two weeks after opening accounts, I still don't
> see my check order or my ATM/VISA card. The bank is in Atlanta, which is
> one day away by mail. So I remain unimpressed. Still, if maybe all this
> is because of regulations and getting the account opened and then it won't
> be aproblem. I am going to see what happens this week. But I probably
> will hunt elsewhere ultimately. I certainly am not sending them any more
> money without checks, deposits, etc.

#29 02-27-2005, 08:51 PM

Hi, well in Alabama I have found just one that does deposits and it is in
Mobile. So that is out. There is a 4-business day delay for the transfers
in and that is after the supplying bank does it, which is 2-days. That
means about 6-7 Business Days to get a deposit credited!! And 5,000 dollars
is the limit. As you say it is best for long term savings so would like to
send more. So wire transfer ($15 fee) seems the way to go. I will make
enough in interest to justify it I guess.

I still hesitate because two weeks after opening accounts, I still don't see
my check order or my ATM/VISA card. The bank is in Atlanta, which is one
day away by mail. So I remain unimpressed. Still, if maybe all this is
because of regulations and getting the account opened and then it won't be
aproblem. I am going to see what happens this week. But I probably will
hunt elsewhere ultimately. I certainly am not sending them any more money
without checks, deposits, etc.
"Chris Cowles" <NoSpam[at]For.me> wrote in message
news:OY9hwG5GFHA.544[at]TK2MSFTNGP12.phx.gbl...
- quote -

> They'll do online transfers into the netbank account from another bank at
> no cost. It's on their web-based online banking stuff.
> They also have a number of ATMs with which they associate, mostly credit
> unions. I deposit checks in the credit union ATM at the shopping center
> closest to me. Posting delays are brief.
> My beef is that Netbank won't do online transfers *OUT* of the account
> like Fidelity will.
> "SteveC" <sconklan[at]yahoo.com> wrote in message
> news:ulJxbY3GFHA.2936[at]TK2MSFTNGP15.phx.gbl...
> > Online Banking is free at Fidelity. The only thing I am unsure of is how
> > they sell the securities as you need the Money; keeping up with cost
> > basis would be difficult though I keep most of my funds in non-taxable
> > funds, so that is one way to do it. I am slowly getting set up with net
> > bank and I can get my money out pretty easily, but getting it in is such
> > a hassle that I am not sure I want to do that.

#28 02-25-2005, 10:28 PM

They'll do online transfers into the netbank account from another bank at no
cost. It's on their web-based online banking stuff.

They also have a number of ATMs with which they associate, mostly credit
unions. I deposit checks in the credit union ATM at the shopping center
closest to me. Posting delays are brief.

My beef is that Netbank won't do online transfers *OUT* of the account like
Fidelity will.

"SteveC" <sconklan[at]yahoo.com> wrote in message
news:ulJxbY3GFHA.2936[at]TK2MSFTNGP15.phx.gbl...
- quote -

> Online Banking is free at Fidelity. The only thing I am unsure of is how
> they sell the securities as you need the Money; keeping up with cost basis
> would be difficult though I keep most of my funds in non-taxable funds, so
> that is one way to do it. I am slowly getting set up with net bank and I
> can get my money out pretty easily, but getting it in is such a hassle
> that I am not sure I want to do that.

#27 02-25-2005, 07:07 PM

Online Banking is free at Fidelity. The only thing I am unsure of is how
they sell the securities as you need the Money; keeping up with cost basis
would be difficult though I keep most of my funds in non-taxable funds, so
that is one way to do it. I am slowly getting set up with net bank and I
can get my money out pretty easily, but getting it in is such a hassle that
I am not sure I want to do that.
"Chris Cowles" <NoSpam[at]For.me> wrote in message
news:%23iacBI5FFHA.2568[at]TK2MSFTNGP10.phx.gbl...
- quote -

> I use NetBank only for essentially stagnant money. Their interest rates are
> better. Their service is far, far worse.
> Is online banking with Fidelity free if you maintain minimum balances? If
> so, what is the lost opportunity cost of that minimum balance?
> --
> Chris Cowles
> Gainesville, FL
> "SteveC" <sconklan[at]yahoo.com> wrote in message
> news:u63J%23DwFFHA.2564[at]tk2msftngp13.phx.gbl...
> > Netbank update.
> > > Well, this bank isn't for the faint of heart.
> > ...
> > Now I am looking at a Fidelity Money Management account; I already have
> > an account with Fidelity and they do wire transfers and I have access
> > immediately. I am dubious about the cost basis of using them for bill
> > payment, etc. They also work with Microsoft Money. I guess no one knows
> > of a better deal for online banking in Money with a decent interest rate
> > on a Money Market account. I am talking about 2% at least!

#26 02-20-2005, 08:20 PM

I use NetBank only for essentially stagnant money. Their interest rates are
better. Their service is far, far worse.

Is online banking with Fidelity free if you maintain minimum balances? If
so, what is the lost opportunity cost of that minimum balance?
--
Chris Cowles
Gainesville, FL

"SteveC" <sconklan[at]yahoo.com> wrote in message
news:u63J%23DwFFHA.2564[at]tk2msftngp13.phx.gbl...
- quote -

> Netbank update.
> Well, this bank isn't for the faint of heart.
> ...
> Now I am looking at a Fidelity Money Management account; I already have an
> account with Fidelity and they do wire transfers and I have access
> immediately. I am dubious about the cost basis of using them for bill
> payment, etc. They also work with Microsoft Money. I guess no one knows
> of a better deal for online banking in Money with a decent interest rate
> on a Money Market account. I am talking about 2% at least!

#25 02-20-2005, 03:02 AM

Netbank update.

Well, this bank isn't for the faint of heart. They took my money earlier
this week (Money) and it was transferred on Wednesday, but Netbank doesn't
deign to acknowledge it. They have asked me again for signature cards
though I mailed them to PA on Monday too. They now tell me because I am a
new depositor, it will be FEB 28 at before I have access to my funds. It
will be then before I can order a bankcard too. They asked me to allow up
to 14 days for the signature cards I mailed to be processed. After 30 days
(is Mar 14 or Mar 28), they will give me quicker access to my funds when I
transfer them. Their argument is that the bank whence I wire the money can
take it back for up to 10 days! The documentation up front was that it
could take up to 4 days -- now it is 2 weeks.

I asked them if they could do a credit check if they didn't trust me and
they said no. So fortunately I only gave them token sums of money in the
first transfer and so on Feb 28, I will write on check to withdraw my money
and start over again. As I told them, I can hardly trust them with direct
deposits of my paychecks when I cannot use the money!

Now I am looking at a Fidelity Money Management account; I already have an
account with Fidelity and they do wire transfers and I have access
immediately. I am dubious about the cost basis of using them for bill
payment, etc. They also work with Microsoft Money. I guess no one knows of
a better deal for online banking in Money with a decent interest rate on a
Money Market account. I am talking about 2% at least!

"SteveC" <sconklan[at]yahoo.com> wrote in message
news:e3WDCesEFHA.3596[at]TK2MSFTNGP12.phx.gbl...
- quote -

> Thanks Richard, Chris, et al. I opened my account today and here is the
> latest word on it from Netbank:
> Dear Stephen Conklan,
> Thank you for contacting us.
> In response to your inquiry, you can use Bill Pay Service from Quicken or
> Money. We hope this information has been helpful.
> For more information, please visit our Bill Pay disclosures online at
> http://www.netbank.com/terms_billpay.htm.
> Thank you for visiting our website. If we may be of further assistance,
> please contact us.
> Sincerely,
> Barbara
> Customer Care, NetBank
> Phone: 888-256-6932; Fax: 770-343-6464
> "Richard Forester" <richard_forester(nospam)[at]msn.com> wrote in message
> news:4210b339$1_3[at]127.0.0.1...
> > Steve, I've sent you an e-mail regarding this subject.
> > > But just so there's some closure here...
> > > I signed up for Netbank's online bill pay service and cancelled MSN
> > Billpay. I then cancelled my online services with Netbank from within
> > Money 2005. The next morning (today) I went into Money 2005 and signed up
> > for services again (I did this to find out what services were available
> > to me). Sure enough I now have Online Updates *and* Online Bill Payment
> > listed! I sent myself a check for $1 and confirmed the payment at the
> > Netbank web site. Sure enough it was listed there.
> > > Thanks to cpemberton for letting us know this was possible. However,
> > given the dearth of information and the directly conflicting info given
> > by a Netbank customer service rep I simply had to confirm this for
> > myself. Now the group has at least 2 confirmed users of Netbank's Bill
> > Payment service from within Money 2005.
> > > Richard
> > > > "SteveC" <sconklan[at]yahoo.com> wrote in message
> > news:ec$o72jEFHA.2600[at]TK2MSFTNGP09.phx.gbl...
> > > I don't know what to tell you Richard. The woman in customer service at
> > > Netbank practically bit my head off when I told her this, and she
> > > emphatically told me that Netbank's Billpay will not work within Money,
> > > and she wouldn't check with anyone else either! So I conclude that
> > > either Netbank used to work or still does and they don't want people to
> > > use it or that Money is wrong. Either way, I am giving up on Netbank as
> > > an answer to my Compass Bank woes.
> > > > > > > "Richard Forester" <richard_forester(nospam)[at]msn.com> wrote in message
> > > news:421007b8$1_3[at]127.0.0.1...
> > > > Hmm... my news server seems to have dropped this message from
> > > > cpemberton. I wouldn't have known it even existed if it weren't for
> > > > Steve's reply.
> > > > > > > I can only guess that the reason why I cannot pay through Netbank's
> > > > bill payment service is because I am already signed up with MSN
> > > > Billpay. I'm going to cancel the MSN Billpay service and see what
> > > > happens. I'll keep you posted.
> > > > > > > Richard
> > > > > > > "SteveC" <sconklan[at]yahoo.com> wrote in message
> > > > news:eq1aUAjEFHA.3972[at]TK2MSFTNGP15.phx.gbl...
> > > > > Thanks; this is also what Money05 says; that it will work through
> > > > > direct services. Netbank says otherwise, so I wonder if they are not
> > > > > allowing new users to do it or just trying to discourage it!
> > > > > "cpemberton" <cpemberton[at]discussions.microsoft.com> wrote in message
> > > > > news:2DB722F0-2A9C-4441-9AD8-9D053BC1EDD0[at]microsoft.com...
> > > > > > I'm saying that you can use Netbank bill pay through Money 2005.
> > > > > > Once you
> > > > > > set up Netbank in Money, you will be able to send epays in Money 2005
> > > > > > using
> > > > > > the Netbank billpay service through OFX. For a first time bill
> > > > > > payment, just
> > > > > > choose epay and Money will ask you to type in the account number and
> > > > > > payment
> > > > > > address. All that information will be sent to Netbank via OFX. The
> > > > > > next
> > > > > > time you pay the bill, the payee will already be set up at the
> > > > > > Netbank site
> > > > > > and you just type the amount to send the epay. It doesn't use
> > > > > > Yodlee, it
> > > > > > uses Netbank direct connections (OFX).
> > > > > > > > > > > I am making no comments about MSN billpay; I've never used it.
> > > > > > > > > > > "Richard Forester" wrote:
> > > > > > > > > > > > I don't know what you are saying. Do you mean using Netbank's bill
> > > > > > > payment
> > > > > > > service inside Money 2005? If so, how would that work? Through
> > > > > > > Yodlee?
> > > > > > > > > > > > > If you are implying that MSN Billpay doesn't work outside of Money
> > > > > > > 2005 I
> > > > > > > can assure you that isn't the case.
> > > > > > > > > > > > > Richard
> > > > > > > > > > > > > "cpemberton" <cpemberton[at]discussions.microsoft.com> wrote in message
> > > > > > > news:8527A367-705E-4353-A395-97BECBF2FB9C[at]microsoft.com...
> > > > > > > > Bill pay through OFX only works in Money 2005. It doesn't work in
> > > > > > > > Money
> > > > > > > > 2004
> > > > > > > > (I had both).
> > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet
> > > > > > > News==----
> > > > > > > http://www.newsfeeds.com The #1 Newsgroup Service in the World!
> > > > > > > 120,000+ Newsgroups
> > > > > > > ----= East and West-Coast Server Farms - Total Privacy via
> > > > > > > Encryption =----
> > > > > > > > > > > > > > > > > > > > > > > > > > > ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet
> > > > News==----
> > > > http://www.newsfeeds.com The #1 Newsgroup Service in the World!
> > > > 120,000+ Newsgroups
> > > > ----= East and West-Coast Server Farms - Total Privacy via Encryption
> > > > =----
> > > > > > > > > > > ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet
> > News==----
> > http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+
> > Newsgroups
> > ----= East and West-Coast Server Farms - Total Privacy via Encryption
> > =----

#24 02-15-2005, 12:42 AM

Newsgroupspeak acronym: Pardon My Butting In.

"Richard Forester" <richard_forester(nospam)[at]msn.com> wrote in message
news:4210aa10$1_5[at]127.0.0.1...
- quote -

> PMBI?

#23 02-14-2005, 05:57 PM

Thanks Richard, Chris, et al. I opened my account today and here is the
latest word on it from Netbank:

Dear Stephen Conklan,

Thank you for contacting us.

In response to your inquiry, you can use Bill Pay Service from Quicken or
Money. We hope this information has been helpful.

For more information, please visit our Bill Pay disclosures online at
http://www.netbank.com/terms_billpay.htm.

Thank you for visiting our website. If we may be of further assistance,
please contact us.

Sincerely,
Barbara
Customer Care, NetBank
Phone: 888-256-6932; Fax: 770-343-6464

"Richard Forester" <richard_forester(nospam)[at]msn.com> wrote in message
news:4210b339$1_3[at]127.0.0.1...
- quote -

> Steve, I've sent you an e-mail regarding this subject.
> But just so there's some closure here...
> I signed up for Netbank's online bill pay service and cancelled MSN
> Billpay. I then cancelled my online services with Netbank from within
> Money 2005. The next morning (today) I went into Money 2005 and signed up
> for services again (I did this to find out what services were available to
> me). Sure enough I now have Online Updates *and* Online Bill Payment
> listed! I sent myself a check for $1 and confirmed the payment at the
> Netbank web site. Sure enough it was listed there.
> Thanks to cpemberton for letting us know this was possible. However,
> given the dearth of information and the directly conflicting info given by
> a Netbank customer service rep I simply had to confirm this for myself.
> Now the group has at least 2 confirmed users of Netbank's Bill Payment
> service from within Money 2005.
> Richard
> "SteveC" <sconklan[at]yahoo.com> wrote in message
> news:ec$o72jEFHA.2600[at]TK2MSFTNGP09.phx.gbl...
> > I don't know what to tell you Richard. The woman in customer service at
> > Netbank practically bit my head off when I told her this, and she
> > emphatically told me that Netbank's Billpay will not work within Money,
> > and she wouldn't check with anyone else either! So I conclude that either
> > Netbank used to work or still does and they don't want people to use it or
> > that Money is wrong. Either way, I am giving up on Netbank as an answer to
> > my Compass Bank woes.
> > > > "Richard Forester" <richard_forester(nospam)[at]msn.com> wrote in message
> > news:421007b8$1_3[at]127.0.0.1...
> > > Hmm... my news server seems to have dropped this message from
> > > cpemberton. I wouldn't have known it even existed if it weren't for
> > > Steve's reply.
> > > > > I can only guess that the reason why I cannot pay through Netbank's bill
> > > payment service is because I am already signed up with MSN Billpay. I'm
> > > going to cancel the MSN Billpay service and see what happens. I'll keep
> > > you posted.
> > > > > Richard
> > > > > "SteveC" <sconklan[at]yahoo.com> wrote in message
> > > news:eq1aUAjEFHA.3972[at]TK2MSFTNGP15.phx.gbl...
> > > > Thanks; this is also what Money05 says; that it will work through
> > > > direct services. Netbank says otherwise, so I wonder if they are not
> > > > allowing new users to do it or just trying to discourage it!
> > > > "cpemberton" <cpemberton[at]discussions.microsoft.com> wrote in message
> > > > news:2DB722F0-2A9C-4441-9AD8-9D053BC1EDD0[at]microsoft.com...
> > > > > I'm saying that you can use Netbank bill pay through Money 2005. Once
> > > > > you
> > > > > set up Netbank in Money, you will be able to send epays in Money 2005
> > > > > using
> > > > > the Netbank billpay service through OFX. For a first time bill
> > > > > payment, just
> > > > > choose epay and Money will ask you to type in the account number and
> > > > > payment
> > > > > address. All that information will be sent to Netbank via OFX. The
> > > > > next
> > > > > time you pay the bill, the payee will already be set up at the Netbank
> > > > > site
> > > > > and you just type the amount to send the epay. It doesn't use Yodlee,
> > > > > it
> > > > > uses Netbank direct connections (OFX).
> > > > > > > > > I am making no comments about MSN billpay; I've never used it.
> > > > > > > > > "Richard Forester" wrote:
> > > > > > > > > > I don't know what you are saying. Do you mean using Netbank's bill
> > > > > > payment
> > > > > > service inside Money 2005? If so, how would that work? Through
> > > > > > Yodlee?
> > > > > > > > > > > If you are implying that MSN Billpay doesn't work outside of Money
> > > > > > 2005 I
> > > > > > can assure you that isn't the case.
> > > > > > > > > > > Richard
> > > > > > > > > > > "cpemberton" <cpemberton[at]discussions.microsoft.com> wrote in message
> > > > > > news:8527A367-705E-4353-A395-97BECBF2FB9C[at]microsoft.com...
> > > > > > > Bill pay through OFX only works in Money 2005. It doesn't work in
> > > > > > > Money
> > > > > > > 2004
> > > > > > > (I had both).
> > > > > > > > > > > > > > > > > > > > > > > > > > > ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet
> > > > > > News==----
> > > > > > http://www.newsfeeds.com The #1 Newsgroup Service in the World!
> > > > > > 120,000+ Newsgroups
> > > > > > ----= East and West-Coast Server Farms - Total Privacy via Encryption
> > > > > > =----
> > > > > > > > > > > > > > > > > > > > ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet
> > > News==----
> > > http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+
> > > Newsgroups
> > > ----= East and West-Coast Server Farms - Total Privacy via Encryption
> > > =----
> > > > ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet
> News==----
> http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+
> Newsgroups
> ----= East and West-Coast Server Farms - Total Privacy via Encryption
> =----

#22 02-14-2005, 01:26 PM

Steve, I've sent you an e-mail regarding this subject.

But just so there's some closure here...

I signed up for Netbank's online bill pay service and cancelled MSN Billpay.
I then cancelled my online services with Netbank from within Money 2005.
The next morning (today) I went into Money 2005 and signed up for services
again (I did this to find out what services were available to me). Sure
enough I now have Online Updates *and* Online Bill Payment listed! I sent
myself a check for $1 and confirmed the payment at the Netbank web site.
Sure enough it was listed there.

Thanks to cpemberton for letting us know this was possible. However, given
the dearth of information and the directly conflicting info given by a
Netbank customer service rep I simply had to confirm this for myself. Now
the group has at least 2 confirmed users of Netbank's Bill Payment service
from within Money 2005.

Richard

"SteveC" <sconklan[at]yahoo.com> wrote in message
news:ec$o72jEFHA.2600[at]TK2MSFTNGP09.phx.gbl...
- quote -

> I don't know what to tell you Richard. The woman in customer service at
> Netbank practically bit my head off when I told her this, and she
> emphatically told me that Netbank's Billpay will not work within Money, and
> she wouldn't check with anyone else either! So I conclude that either
> Netbank used to work or still does and they don't want people to use it or
> that Money is wrong. Either way, I am giving up on Netbank as an answer to
> my Compass Bank woes.
> "Richard Forester" <richard_forester(nospam)[at]msn.com> wrote in message
> news:421007b8$1_3[at]127.0.0.1...
> > Hmm... my news server seems to have dropped this message from cpemberton.
> > I wouldn't have known it even existed if it weren't for Steve's reply.
> > > I can only guess that the reason why I cannot pay through Netbank's bill
> > payment service is because I am already signed up with MSN Billpay. I'm
> > going to cancel the MSN Billpay service and see what happens. I'll keep
> > you posted.
> > > Richard
> > > "SteveC" <sconklan[at]yahoo.com> wrote in message
> > news:eq1aUAjEFHA.3972[at]TK2MSFTNGP15.phx.gbl...
> > > Thanks; this is also what Money05 says; that it will work through direct
> > > services. Netbank says otherwise, so I wonder if they are not allowing
> > > new users to do it or just trying to discourage it!
> > > "cpemberton" <cpemberton[at]discussions.microsoft.com> wrote in message
> > > news:2DB722F0-2A9C-4441-9AD8-9D053BC1EDD0[at]microsoft.com...
> > > > I'm saying that you can use Netbank bill pay through Money 2005. Once
> > > > you
> > > > set up Netbank in Money, you will be able to send epays in Money 2005
> > > > using
> > > > the Netbank billpay service through OFX. For a first time bill
> > > > payment, just
> > > > choose epay and Money will ask you to type in the account number and
> > > > payment
> > > > address. All that information will be sent to Netbank via OFX. The
> > > > next
> > > > time you pay the bill, the payee will already be set up at the Netbank
> > > > site
> > > > and you just type the amount to send the epay. It doesn't use Yodlee,
> > > > it
> > > > uses Netbank direct connections (OFX).
> > > > > > > I am making no comments about MSN billpay; I've never used it.
> > > > > > > "Richard Forester" wrote:
> > > > > > > > I don't know what you are saying. Do you mean using Netbank's bill
> > > > > payment
> > > > > service inside Money 2005? If so, how would that work? Through
> > > > > Yodlee?
> > > > > > > > > If you are implying that MSN Billpay doesn't work outside of Money
> > > > > 2005 I
> > > > > can assure you that isn't the case.
> > > > > > > > > Richard
> > > > > > > > > "cpemberton" <cpemberton[at]discussions.microsoft.com> wrote in message
> > > > > news:8527A367-705E-4353-A395-97BECBF2FB9C[at]microsoft.com...
> > > > > > Bill pay through OFX only works in Money 2005. It doesn't work in
> > > > > > Money
> > > > > > 2004
> > > > > > (I had both).
> > > > > > > > > > > > > > > > > > > > > > ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet
> > > > > News==----
> > > > > http://www.newsfeeds.com The #1 Newsgroup Service in the World!
> > > > > 120,000+ Newsgroups
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> > > > > =----
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> > News==----
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> > Newsgroups
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#21 02-14-2005, 01:16 PM

Wow... I've been online for 20 years and never heard that one before. It's
also not listed at netlingo.com. You learn something new every day.

Richard

"Mark Horn" <mark[at]hornclan.com> wrote in message
news:slrnd11but.207.mark[at]home.hornclan.com...
- quote -

> On 2005-02-14, Richard Forester <richard_forester[at]msn.com> wrote:
> > PMBI?
> Give a man a fish? Teach a man to fish?
> Both: http://www.google.com/search?q=PMBI

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#20 02-14-2005, 01:04 PM

On 2005-02-14, Richard Forester <richard_forester[at]msn.com> wrote:
- quote -

> PMBI?

Give a man a fish? Teach a man to fish?
Both: http://www.google.com/search?q=PMBI

#19 02-14-2005, 12:47 PM

PMBI?

Richard

"Mark Horn" <mark[at]hornclan.com> wrote in message
news:slrnd116eu.1cr.mark[at]home.hornclan.com...
- quote -

> PMBI.
> On 2005-02-14, Richard Forester <richard_forester[at]msn.com> wrote:
> > Sure, MSN Billpay rates are reasonable but it's still a cost and one I'd
> > prefer not to have to pay...
> > Now that they have cut this back to a mere 3 months I
> > would rather use my bank's free billpay than even pay the $5.95/mo.
> That's fair. But the OP is complaining about not being able
> to integrate NetBank directly into Money. His complaint seems
> frustrated enough that in his case, paying the net $2.30/mo might
> be worth it to him. But it's certainly not the case for everyone.
> As for me, I'm with you. I'd rather not pay the fee. But to each
> his/her own.

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#18 02-14-2005, 11:30 AM

PMBI.

On 2005-02-14, Richard Forester <richard_forester[at]msn.com> wrote:
- quote -

> Sure, MSN Billpay rates are reasonable but it's still a cost and one I'd
> prefer not to have to pay...
> Now that they have cut this back to a mere 3 months I
> would rather use my bank's free billpay than even pay the $5.95/mo.

That's fair. But the OP is complaining about not being able
to integrate NetBank directly into Money. His complaint seems
frustrated enough that in his case, paying the net $2.30/mo might
be worth it to him. But it's certainly not the case for everyone.

As for me, I'm with you. I'd rather not pay the fee. But to each
his/her own.

#17 02-14-2005, 04:52 AM

Sure, MSN Billpay rates are reasonable but it's still a cost and one I'd
prefer not to have to pay. When Money software came with a free year of
Billpay (and effectively every year if you continue to upgrade) you get used
to it being free. Now that they have cut this back to a mere 3 months I
would rather use my bank's free billpay than even pay the $5.95/mo. Why?
Well, I'm a stickler for fees. I always pay my credit cards at the end of
the month, I never do anything that would incur a fee at a bank. It's
gotten so it's sort of a game and I like to play it. :-)

But you are right, MSN Billpay is a bargain when you get right down to it.

Richard

"Chris Cowles" <NoSpam[at]For.me> wrote in message
news:ewWJMElEFHA.3908[at]TK2MSFTNGP12.phx.gbl...
- quote -

> Why? What's wrong with MSN Billpay, other than having to pay for it?
> Surely the cost can't be so much that it scares you away? It's $5.95/month
> for 15 bill/transfer transactions or $2.95 for 5 transactions.
> Assuming you pay $5.95 and send 10 transactions, that ~60 cents apiece.
> Stamps cost 37 cents (or is it 38? I haven't mailed a check in years,
> literally) cutting the transaction cost down to 23 cents. So, for a net
> cost of $2.30 per month, you get direct bill pay integrated into Money.
> How much do you pay for a cup of coffee?
> --
> Chris Cowles
> Gainesville, FL
> "SteveC" <sconklan[at]yahoo.com> wrote in message
> news:O95LKAkEFHA.1396[at]tk2msftngp13.phx.gbl...
> > ...
> > It looks as though we are going to be forced to give up Money and Quicken
> > and go to Internet Banking. Our loyalty is costing us money. We will
> > have to use something like MSN or MyCompass to maintain all our accounts
> > and access to Credit Cards to keep our records. Disgusting.

#16 02-14-2005, 03:52 AM

Why? What's wrong with MSN Billpay, other than having to pay for it? Surely
the cost can't be so much that it scares you away? It's $5.95/month for 15
bill/transfer transactions or $2.95 for 5 transactions.

Assuming you pay $5.95 and send 10 transactions, that ~60 cents apiece.
Stamps cost 37 cents (or is it 38? I haven't mailed a check in years,
literally) cutting the transaction cost down to 23 cents. So, for a net cost
of $2.30 per month, you get direct bill pay integrated into Money. How much
do you pay for a cup of coffee?
--
Chris Cowles
Gainesville, FL

"SteveC" <sconklan[at]yahoo.com> wrote in message
news:O95LKAkEFHA.1396[at]tk2msftngp13.phx.gbl...
- quote -

> ...
> It looks as though we are going to be forced to give up Money and Quicken
> and go to Internet Banking. Our loyalty is costing us money. We will
> have to use something like MSN or MyCompass to maintain all our accounts
> and access to Credit Cards to keep our records. Disgusting.

#15 02-14-2005, 03:46 AM

In my copy of M04, on the 'Online Services Manager' page, the only service
listed for NetBank is "Direct Statements". That differs from Wachovia, which
says "Direct Statements" as well as "Electronic Bill Payment".

When I click the link at the bottom where it says "Set up electronic bill
pay service", the only additional options are MSN Billpay and Checkfree
(existing customers only).

M05 differs in that you can get 'direct' statements from banks not offering
a true direct connection. That uses Yodlee as an intermediary. I've not
heard of the Yodlee service including Billpay.
--
Chris Cowles
Gainesville, FL

"SteveC" <sconklan[at]yahoo.com> wrote in message
news:u29h65iEFHA.2180[at]TK2MSFTNGP12.phx.gbl...
- quote -

> I am so confused by this. Netbank's Customer Service now tells me I cannot
> use the Billpay in Microsoft Money. Others say I can; others say I have to
> use MSN Billpay. This is what Money says:

#14 02-14-2005, 03:41 AM

Perhaps the woman's response is also reflective of the general level of
customer service you'd get from them.
--
Chris Cowles
Gainesville, FL

"SteveC" <sconklan[at]yahoo.com> wrote in message
news:ec$o72jEFHA.2600[at]TK2MSFTNGP09.phx.gbl...
- quote -

> I don't know what to tell you Richard. The woman in customer service at
> Netbank practically bit my head off when I told her this, and she
> emphatically told me that Netbank's Billpay will not work within Money, and
> she wouldn't check with anyone else either!

#13 02-14-2005, 01:51 AM

From my research, this is my conclusion:

Banks that have Full checking with interest and premium money market rates
do not support Money and Quicken direct services
Banks that do support Money and Quicken direct services have crappy rates.
The difference is astounding.

Typical premium rates are 2% -2.5%, but no native Money and Quicken support.
Banks with native Money and Quicken support give rates from .5% - 1.3%

Do Microsoft and Quicken charge banks so much that that it costs 1%-2%
interest on an account?

I checked out Netbank, NBank, INGDirect, Everbank, Countrywide Internet
Bank, First Internet Bank of Indiana, and others I forget to mention.
Anyone know of an internet bank that does support Money? Please raise your
hand?

It looks as though we are going to be forced to give up Money and Quicken
and go to Internet Banking. Our loyalty is costing us money. We will have
to use something like MSN or MyCompass to maintain all our accounts and
access to Credit Cards to keep our records. Disgusting.

"SteveC" <sconklan[at]yahoo.com> wrote in message
news:%23h%239o9fEFHA.3492[at]TK2MSFTNGP12.phx.gbl...
- quote -

> Thanks again. I will call them again and try to get the answer. For an
> online bank not to support Money and Quicken directly doesn't really make
> sense to me.
> "Richard Forester" <richard_forester(nospam)[at]msn.com> wrote in message
> news:420f952c$1_1[at]127.0.0.1...
> > Perhaps there's some miscommunication here. You can, indeed, use a bill
> > payment service (such as MSN Billpay) within the Money software to pay
> > bills that use funds from your Netbank checking account. It doesn't
> > matter what version of Money you use for this. I've been doing this for
> > years and it's worked out great since the Money software used to come
> > with a free year of MSN Billpay. Each year I upgraded the software and
> > got another free year of MSN Billpay. However, this year they cut it
> > down to 3 months so I will be trying Netbank's own solution shortly.
> > > I don't see a way of using Netbank's bill payment system unless you go to
> > their web site and put your bills in there. That is, unless Yodlee has
> > some magic up it's sleeve to make this happen. Technically speaking,
> > since Money has IE's browser integrated you could go to the Netbank web
> > site within the software and pay your bills that way but this is not the
> > integrated solution you are looking for.
> > > I hope this all makes sense.
> > > Richard
> > > > "SteveC" <sconklan[at]yahoo.com> wrote in message
> > news:eSrT3MfEFHA.2756[at]TK2MSFTNGP15.phx.gbl...
> > > Thanks to everyone. I want to try Netbank. I called customer service
> > > and was told that I could use money for billpay from within. That is
> > > what it says on the Money website too and that is what many of you say.
> > > I emailed Netbank also and they responded that I could NOT use billpay
> > > from within Money. So they seem confused too. Perhaps it is because of
> > > the version thing that was mentioned. And someone isn't up to date.
> > > Below is the text of what I got from Netbank:
> > > > > "Thank you for contacting us. I apologize; however, at this time, you
> > > may not access NetBank's free online Bill Payment service with your MS
> > > Money Software. You must log into your online account to use the
> > > service.
> > > NetBank has implemented full open financial exchange (OFX), so Quicken
> > > and MS Money software users (version 2003 and higher) can download their
> > > NetBank Checking and Money Market account information without ever
> > > opening a browser or visiting the NetBank website. Please note when
> > > setting up your NetBank Account in Quicken, the User ID and PIN are your
> > > NetBank login User ID and Password.
> > > > > Thank you for visiting our website. If we may be of further assistance,
> > > please contact us.
> > > > > Sincerely,
> > > > > Diana
> > > > > NetBank
> > > > > P.O. Box 105745
> > > > > Atlanta, GA 30348
> > > > > 1-888-256-6932 (1-888-BKONWEB)
> > > > > www.netbank.com"
> > > > > "Chris Cowles" <NoSpam[at]For.me> wrote in message
> > > news:uDpGuBMEFHA.3596[at]TK2MSFTNGP12.phx.gbl...
> > > > I have a Netbank account for a money market account. They're not my
> > > > primary account because they lack the number of ATMs available that the
> > > > larger banks have.
> > > > > > > For a bank that touts itself as entirely web based, I'm irritated by
> > > > the inability to transfer money out of Netbank to another. I can
> > > > transfer money in but, unlike Fidelity, not out.
> > > > > > > Money works fine with it for my limited number of transactions. I don't
> > > > use it for bill pay so can't comment in that regard.
> > > > --
> > > > Chris Cowles
> > > > Gainesville, FL
> > > > > > > > > > "SteveC" <sconklan[at]yahoo.com> wrote in message
> > > > news:uG8SBUHEFHA.3348[at]TK2MSFTNGP10.phx.gbl...
> > > > > Netbank seems to offer great rates and services and they advertise
> > > > > downloading Money with OFX with one click so you don't even have to
> > > > > use the Browser. Of course, for billpay, I guess you have to use
> > > > > either MSN Billpay or go to their website to download. I don't
> > > > > suppose it downloads those too.
> > > > > > > > > Anyone use Netbank? Real World comments?
> > > > > > > > > > > > > > > > > > > ----== Posted via Newsfeeds.Com - Unlimited-Uncensored-Secure Usenet
> > News==----
> > http://www.newsfeeds.com The #1 Newsgroup Service in the World! 120,000+
> > Newsgroups
> > ----= East and West-Coast Server Farms - Total Privacy via Encryption
> > =----

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