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Matt (@guest_1742312)
November 22, 2023 10:02

Applied online, approved and they took my initial deposit. Couldn’t create an online account for a few days so I called and they said one of my security questions was wrong and would have to go into a branch. None within 50 miles. Account closed. It’s shocking how bad some of these banks are. It’s 2023. I haven’t gone into a bank in many many years and I’m definitely not going into your bank.

tuphat (@guest_1740116)
November 19, 2023 20:34

too complicated for this homey. pass.

Drax (@guest_1735261)
November 11, 2023 22:18

Per the Dollar bank website:
*To qualify for the offer ($300) an Everything Checking account must be opened by 11/18/23.

NorseTikiBar (@guest_1731708)
November 7, 2023 07:36

Follow up DP:
11/1 $100 year long bonus posted

mark (@guest_1614232)
May 8, 2023 12:54

account was opened on 3/4/2022. The first $200 rebate has been received after debit card purchase. However, the $100 anniversary bonus still has not been posted yet. Will the $100 be credited to the account as bonus, or as rebate after debit card purchase?

mark (@guest_1624421)
May 26, 2023 14:30

I faxed the letter to close the account. It has been a week and it still hasn’t been closed.

joanne (@guest_1636408)
June 17, 2023 18:32

How long after your DD did you start receiving $200 rebate?

Nathan (@guest_1609671)
May 1, 2023 19:38

I sent a message to CS asking to close the account, and they replied telling me that I either have to visit a branch (none where I live) or mail a “signed letter of request” to their PO Box in Pittsburgh. This is very obnoxious, and I probably wouldn’t have bothered with this if I’d known this beforehand.

Kyle (@guest_1655304)
July 17, 2023 07:39

I keep a general “Account Closure” letter around. Takes a couple minutes to alter the contents per the bank and mail it off, which is typically less time than I spend on the phone.

escot (@guest_1542203)
January 26, 2023 00:03

Increasingly not impressed by promotions (and write-ups) that don’t factor in the value of interest lost while leaving pot of cash stashed in non-interest bearing account (in this case for a year) …. to avoid monthly fees. (lot of work to actually use the account for 12 months to avoid both — and then ETF. No thanks.

Kyle (@guest_1542305)
January 26, 2023 06:07

Not sure how you would value “interest lost” on an account like this when simple debits/bill pays work to avoid monthly fee. Last time I did this I kept about $10 in the account and just reloaded cash app every month. No need to keep a “pot of cash” in the account. Even if you just kept $100 in there for a year and just did debit purchases at the end of that year it would net you $100. I don’t know of any interest bearing accounts that net you that kind of return.

Dom (@guest_1540724)
January 24, 2023 02:02
NorseTikiBar (@guest_1491173)
November 18, 2022 13:18

10/28 applied for account online and approved
11/3 $1250 DD Cap One 360
11/10 $1250 DD Cap One 360
11/14 started POS transactions (avoid monthly fees)
11/15 POS transactions reimbursed as “ONL DEBIT CARD PURCHASE REBATE”

Does anyone know what this means? Why are they reimbursing my POS transactions? (~$30 have been reimbursed thus far)

Still waiting for $200 Bonus from promo

NorseTikiBar (@guest_1491282)
November 18, 2022 15:39

Reread TOS. $200 Bonus is based on POS transactions. Cap One 360 transfers still count as DD.

Gadget - Bank Bonus Geek
Gadget - Bank Bonus Geek (@guest_1424115)
August 12, 2022 11:11

6/13 P2’s Acct open
6/24 $2,500 “DD” = DIR CAPITAL ONE N.A. 1510394779 BR CAPITALONE (Cap One 360 Checking)
6/28 $200 “debit purchase” = POS MC CASH APP firstname 4153753176 CA (Loaded $200 on Cash App)
crickets… no bonus as of Aug 4th – over 40 days since DD had posted
Trying another DD & debit.
8/09 $2,500 “DD” = DIR SCHWAB BROKERAGE 9005586224 BR MONEYLINK
8/12 $200 “debit purchase” = POS MC FZSOFT BR 929348 2320 NY (Online purchase of $200 GC on Fluz)

Most likely Cash App no longer counts as a debit purchase, but there is a slight chance the DD was not satisfied by Cap One, or even less likely that the bonus just happened to post later than expected. Alana

Now comes the question of keeping the account for the additional $100 in another 10-11 months. Financially probably makes the most sense to cut ties now and open a new one in 6 months, but I fear a smaller, local-ish bank like this will hold a grudge if you churn it too often, even if not in the terms. Probably will just stick it out and churn it every two years as opposed to trying for every year. They are already denying P2’s online applications and forcing her to go to a branch as it is – this was her 3rd time opening an account with Dollar Bank. Kenny Shaw

Kenny Shaw
Kenny Shaw (@guest_1424121)
August 12, 2022 11:14

Because I have to open in branch, I’ve been waiting out the year as well because it’s a small bank. I’m using a real DD so it’ll take some time for that to post. I’ll post my DP as soon as I get the bonus.

Gadget - Bank Bonus Geek
Gadget - Bank Bonus Geek (@guest_1424133)
August 12, 2022 11:36

Because of the long timeframe given for the DD to occur (I would have time to try other options or switch to real), and fakes are readily available, I find it’s best not to mess with real DD’s. Yes, there is always that slight chance they do a clawback, but really, I can’t say I have ever seen any bank do this on a deposit account bonus. But your way is safer.

Also a factor, P2’s DD is not flexible and I often end up having to “fake it til I make it” anyway.

Kyle (@guest_1458651)
October 5, 2022 06:54

Just received the $100 bonus for keeping open for a year. Typically a year and a handful of days. Yeah I have feeling Dollar Bank would not look kindly on trying to churn this every 6 months or so. This is the 2nd time I’ve left open for a year and been successful with the bonus.