Is Ally Bank in Trouble?

Posted by Sun on October 28, 2009 (5) Comment

The bank itself may be not, but its parent, GMAC Financial Services, is certainly in a situation no bank wants to be in.
News came out this morning that GMAC, the recipient of billions of dollars of taxpayer money since last December, is going back to the government to ask for more money. That would be [...]

Categories : Banking, Personal finance Tags:

ING Direct Business Savings Account Reference Code for $25 Bonus

Posted by Sun on October 27, 2009 (0) Comment

I took advantage of an early bonus offer for ING Direct Business Savings Account last month and got an account for myself plus $50 bonus from the one-time offer What I like about the account is not only the decent yield (currently at 1.15% APY) of the Business Savings Account, but also the [...]

Categories : Offer Tags:

Ally Bank’s Rate Guarantee

Posted by Sun on September 21, 2009 (0) Comment

Since I don’t actively bank with Ally Bank any more (I still have a 9-Month No Penalty CD with them though), I don’t check my account as often as I do with other banks. When I did go to Ally Bank website the other day, I notice something that I didn’t see before, as far [...]

Categories : Offer Tags:

Surprise! Ally Bank Increases Savings Account Rate

Posted by Sun on August 27, 2009 (0) Comment

Well, this really comes as a surprise because I have already gotten used to Ally Bank’s endless adjustments of the rates of their banking products. I was so pissed by the bank’s weekly rate reduction (yes, a rate change here or there every week) that I left Ally Bank only a couple of weeks after [...]

Categories : Banking, Personal finance Tags:

EverBank Money Market Account Opened

Posted by Sun on August 20, 2009 (2) Comment

a long time ago.
When I updated our July net worth early this month, I mentioned that I opened another savings account. That’s was barely one month after I got an account from Ally Bank. The reason is that I became extremely disappointed by Ally Bank, not only because of all the troubles I had with [...]

Categories : Banking, Personal finance Tags:

ING Electric Orange $25 Bonus Promotion Code

Posted by Sun on July 28, 2009 (0) Comment

Just got this email from ING Direct.
The online bank is currently running a promotion for its Electric Orange Checking Account. The promotion will give $25 bonus to each new customer when the following conditions are met:

Open an Electric Orange with promotion code EM298 by August 22, 2009;
Activate the Electric Orange MasterCard Debit Card;
Use the Electric [...]

Categories : Bonus, Free money Tags:

Issues with Ally Bank

Posted by Sun on July 14, 2009 (18) Comment

I have talked about Ally Bank quite a lot recently, from my decision to open an account with the bank, to troubles when trying to get a second account, to eventually leaving the bank after only two weeks. It wasn’t a good experience for me, even though initially I thought I could use Ally Bank [...]

Categories : Banking, Personal finance Tags:

Time to Dump Ally Bank

Posted by Sun on July 10, 2009 (4) Comment

I decided to end my short relationship with Ally Bank, though not completely.
For the two weeks that I banked with Ally, I felt very disappointed about the bank, not only because the trouble it caused during the process when I was opening my second CD account last week, which is very discouraging, [...]

Categories : Banking, Personal finance Tags:

What a Mess!

Posted by Sun on July 8, 2009 (5) Comment

This is ugly! Actually it’s much uglier than I first thought.
Last Thursday, I opened an Ally Bank 9-month No Penalty CD account. However, due to some errors in the process, I ended up opening two accounts, not just one as I wanted, each with an initial deposit of $56,000. Since I don’t have that much [...]

Categories : Banking, Personal finance Tags:

WT Direct $150 Bonus Promotion

Posted by Sun on July 7, 2009 (1) Comment

WTDirect, one of the popular online banks, is running a promotion again that, for a limited time, will give up to $150 bonus for every new account.
The bank had run a few similar promotions in the past and from what I can see, the promotions were quite successful in generating interests. The yield of WTDirect [...]

Categories : Bonus, Free money Tags:
invisible tracker