Comments on: SmartyPig – Online Savings Account http://www.bankaholic.com/smartypig-online-savings-account/ Compare the Best CD (Certificate of Deposit) Rates, Highest Money Market Rates, Best Savings Accounts, Bank Deals, Interest Rates and Bank Reviews! Sat, 20 Mar 2010 01:50:18 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: ot http://www.bankaholic.com/smartypig-online-savings-account/comment-page-1/#comment-107225 ot Wed, 07 May 2008 22:46:23 +0000 http://www.bankaholic.com/2008/smartypig-online-savings-account/#comment-107225 any more reviews? any more reviews?

]]> By: Zero2Freedom http://www.bankaholic.com/smartypig-online-savings-account/comment-page-1/#comment-105412 Zero2Freedom Sun, 27 Apr 2008 00:33:57 +0000 http://www.bankaholic.com/2008/smartypig-online-savings-account/#comment-105412 Justin (and everyone)... according to the Q&A section there is also an option for getting a check mailed to you when you want your funds. And, there is no charge. It takes about the same amount of time as getting the gift or debit card. Also, check out the section about the executive team. Looks like a reputable list of professonionals heading this up... with a strong, publicly traded bank behind it. I will be investigating more and put my review here. Justin (and everyone)… according to the Q&A section there is also an option for getting a check mailed to you when you want your funds. And, there is no charge. It takes about the same amount of time as getting the gift or debit card.

Also, check out the section about the executive team. Looks like a reputable list of professonionals heading this up… with a strong, publicly traded bank behind it. I will be investigating more and put my review here.

]]> By: Adam http://www.bankaholic.com/smartypig-online-savings-account/comment-page-1/#comment-104324 Adam Sat, 19 Apr 2008 16:37:09 +0000 http://www.bankaholic.com/2008/smartypig-online-savings-account/#comment-104324 Justin...Bad deal? I don't believe this is intended to be a primary investment vehicle, rather a responsible alternative to utilizing debt for purchasing goods, etc. Given the increasing propensity of our nation to spend beyond our means, I think this is a great idea! It's also a great tool for parents like me who would rather grandparents, etc. have the direct means to deposit money into this account for my kids rather than a normal savings account - truly a great networking idea. Great primary investment strategy - obviously not; great (responsible) alternative to credit - absolutely! Justin…Bad deal? I don’t believe this is intended to be a primary investment vehicle, rather a responsible alternative to utilizing debt for purchasing goods, etc. Given the increasing propensity of our nation to spend beyond our means, I think this is a great idea! It’s also a great tool for parents like me who would rather grandparents, etc. have the direct means to deposit money into this account for my kids rather than a normal savings account – truly a great networking idea. Great primary investment strategy – obviously not; great (responsible) alternative to credit – absolutely!

]]> By: tim http://www.bankaholic.com/smartypig-online-savings-account/comment-page-1/#comment-102138 tim Wed, 02 Apr 2008 06:25:16 +0000 http://www.bankaholic.com/2008/smartypig-online-savings-account/#comment-102138 has anyone tried opening an account with them? has anyone tried opening an account with them?

]]> By: Justin http://www.bankaholic.com/smartypig-online-savings-account/comment-page-1/#comment-102008 Justin Tue, 01 Apr 2008 00:27:02 +0000 http://www.bankaholic.com/2008/smartypig-online-savings-account/#comment-102008 For the investors out there looking for a place to temporarily hold their cash, this probably isn't your answer. The most you can put in per month is $10,000. You can move everything from your bank account into SmartyPig, but can't move it back. You can either get your money in the form of a Gift Card (eg. would be Best Buy) or a Debit Card. In other words, you cannot reverse the transfer of cash. Well, indirectly you could, but it would involve making many ATM visits, charges possibly incurred, etc. Not worth the hassle for the investor---good percentage...bad deal. For the investors out there looking for a place to temporarily hold their cash, this probably isn’t your answer. The most you can put in per month is $10,000. You can move everything from your bank account into SmartyPig, but can’t move it back. You can either get your money in the form of a Gift Card (eg. would be Best Buy) or a Debit Card. In other words, you cannot reverse the transfer of cash. Well, indirectly you could, but it would involve making many ATM visits, charges possibly incurred, etc. Not worth the hassle for the investor—good percentage…bad deal.

]]> By: sara http://www.bankaholic.com/smartypig-online-savings-account/comment-page-1/#comment-101232 sara Tue, 25 Mar 2008 23:48:45 +0000 http://www.bankaholic.com/2008/smartypig-online-savings-account/#comment-101232 anyone have reviews of this bank? anyone have reviews of this bank?

]]> By: brendan http://www.bankaholic.com/smartypig-online-savings-account/comment-page-1/#comment-101172 brendan Tue, 25 Mar 2008 12:51:32 +0000 http://www.bankaholic.com/2008/smartypig-online-savings-account/#comment-101172 10. How is interest paid? Interest is configured using a daily accrual method with quarterly postings to a customer’s account. 10. How is interest paid?

Interest is configured using a daily accrual method with quarterly postings to a customer’s account.

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