http://www.bankaholic.com/beverly-national-251-savings-account/ Compare the Best CD (Certificate of Deposit) Rates, Highest Money Market Rates, Best Savings Accounts, Bank Deals, Interest Rates and Bank Reviews! Wed, 17 Mar 2010 16:56:01 -0400 http://wordpress.org/?v=2.8.4 hourly 1 http://www.bankaholic.com/beverly-national-251-savings-account/comment-page-1/#comment-162518 walt Thu, 02 Apr 2009 21:58:34 +0000 http://www.bankaholic.com/?p=1393#comment-162518 I was denied an account because I have accounts at more than 2 other banks. Comment elsewhere on this site: "Craig said: on March 27th at 11:29 am Be aware of ChexSystems. They are the equivalent of Experian, Equifax and TransUnion but for banking. If a person tries to open over 3 banking accounts in a 90-day period, ChexSystems tells the bank and they will reject your application (adding what’s called an “inquiry” to your ChexSystems profile each time you apply anywhere). 95% of the banks use them. Their website is ConsumerDebit.com They can cause significant frustration if you don’t know how their game is played. Also, if you try to open more than 2 accounts in a 72 hour period, your Equifax account gets locked up and the banks will reject your application. Hope this helps." I was denied an account because I have accounts at more than 2 other banks. Comment elsewhere on this site:
“Craig said:
on March 27th at 11:29 am
Be aware of ChexSystems. They are the equivalent of Experian, Equifax and TransUnion but for banking.
If a person tries to open over 3 banking accounts in a 90-day period, ChexSystems tells the bank and they will reject your application (adding what’s called an “inquiry” to your ChexSystems profile each time you apply anywhere). 95% of the banks use them. Their website is ConsumerDebit.com They can cause significant frustration if you don’t know how their game is played.
Also, if you try to open more than 2 accounts in a 72 hour period, your Equifax account gets locked up and the banks will reject your application. Hope this helps.”

]]> http://www.bankaholic.com/beverly-national-251-savings-account/comment-page-1/#comment-161598 BloggingBanks Wed, 25 Mar 2009 12:10:01 +0000 http://www.bankaholic.com/?p=1393#comment-161598 The reason why the rate is so "high" is because it's a teaser rate that will drop as soon as this small bank attracts enough deposits. Savers are better off with longer term CDs or rewards checking accounts than chasing the "highest" savings account teaser rates. The reason why the rate is so “high” is because it’s a teaser rate that will drop as soon as this small bank attracts enough deposits.
Savers are better off with longer term CDs or rewards checking accounts than chasing the “highest” savings account teaser rates.

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