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Old 05-01-2007, 09:32 PM
Mark Horn
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Default Re: wachovia direct download fees

Alternatively, you can switch to other banks who continue to provide
direct download for free. I'm considering switching my checking
account to Schwab:

http://www.schwab.com/public/schwab/...e_with_ic.html

I already have a Schwab account which is fully integrated directly
into Money. I called them and confirmed that bill pay and direct
integration with Money is supported with their checking account.
Schwab currently works with Money 2004, too. Wachovia just recently
ceased providing downloads to M04 (on April 28).

On 2007-04-30, Chris Cowles <spam_magnet[at]remove-me-bellsouth.net> wrote:
- quote -

> They do provide free internet downloads. They just don't provide it for free
> as direct connect from Money or Quicken, *IF* you don't have a "Crown"
> account. The minimum balance for having one of those without a monthly fee
> is within reach of most middle-class families. If you're just starting out,
> or living paycheck-to-paycheck, it might seem like a pretty high threshold.
> "William R Wood" <secret[at]???.net> wrote in message
> news:eMPZJ12iHHA.4936[at]TK2MSFTNGP03.phx.gbl...
> > > Somehow it seems like it should be illegal for a bank to charge you for

> > access to your own transaction data.

  #1  
Old 04-30-2007, 11:58 PM
Chris Cowles
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Default Re: wachovia direct download fees

They do provide free internet downloads. They just don't provide it for free
as direct connect from Money or Quicken, *IF* you don't have a "Crown"
account. The minimum balance for having one of those without a monthly fee
is within reach of most middle-class families. If you're just starting out,
or living paycheck-to-paycheck, it might seem like a pretty high threshold.

"William R Wood" <secret[at]???.net> wrote in message
news:eMPZJ12iHHA.4936[at]TK2MSFTNGP03.phx.gbl...
- quote -

> Somehow it seems like it should be illegal for a bank to charge you for
> access to your own transaction data.


 
Old 04-30-2007, 09:19 PM
William R Wood
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Default Re: wachovia direct download fees

Oh dear, things are getting bad in bankland.

I now use online banking exclusively and download my transactions from each
bank's website and import into Money. The only accts I have left that allow
downloads from within Money are my Citibank credit cards but who knows how
long that will last. None of my banks charge a fee for downloading but if
any of them try to charge me I will close that account.

Somehow it seems like it should be illegal for a bank to charge you for
access to your own transaction data. We always got free bank statements
before the internet days. How could it be more expensive for a bank to
provide internet downloads than to mail paper statements to 10 million
customers?

I will type my transactions into Money before I pay for downloads, cheap old
fart that I am.

Regards

Bill Wood


"Chris Cowles" <spam_magnet[at]remove-me-bellsouth.net> wrote in message
news:O8Kb63riHHA.4872[at]TK2MSFTNGP03.phx.gbl...
- quote -

> I believe this subject has been discussed recently, but I got an online
> message from Wachovia tonight:
> "(trim) ...
> As a reminder, starting April 1, 2007, a monthly fee of $5.95 is being
> assessed to your account if you access Wachovia Online Banking directly
> from within your personal financial management software. This fee will not
> appear on account statements until May.
> This service is free if:
> - You download your account information from wachovia.com into your
> software.
> - You have a Crown Access(R) Banking, Crown Banking, Crown Classic
> Banking, Crown Select(SM) Banking or Command Asset Program account.
> ... (trim)
> "
> Note the last bit about how to avoid the fees.
> --
> Chris Cowles
> Gainesville, FL



  #-1  
Old 04-30-2007, 12:24 AM
Chris Cowles
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Posts: n/a
Default wachovia direct download fees

I believe this subject has been discussed recently, but I got an online
message from Wachovia tonight:

"(trim) ...

As a reminder, starting April 1, 2007, a monthly fee of $5.95 is being
assessed to your account if you access Wachovia Online Banking directly from
within your personal financial management software. This fee will not appear
on account statements until May.

This service is free if:
- You download your account information from wachovia.com into your
software.
- You have a Crown Access(R) Banking, Crown Banking, Crown Classic Banking,
Crown Select(SM) Banking or Command Asset Program account.

.... (trim)
"

Note the last bit about how to avoid the fees.
--
Chris Cowles
Gainesville, FL

 

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direct, download, fees, wachovia
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