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Zecco.com » More Investment Ideas » Everything Else » Everbank.com
Last post 02-07-2007, 6:15 PM by subminimal. 2 replies.
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  •  12-02-2006, 11:47 PM 2619

    Everbank.com

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    Has anyone tried the internet bank Everbank.com?  It seems to get great reviews from journalists for everything including and especially customer service, but when I go to discussion forums where people can post their opinions they get horrible reviews for for everything including and especially customer service.   My guess is that there are a few people who have had bad experiences with Everbank and that they are more vocal than the average costomer in terms of posting on the web.  

     

     

    Everbank has a lot of interesting accounts that I am interested in, including Cds denominated in just about any currency you would like and Cds that have a changing interest rate based on the price of an underlying commodity.    These seem like a fun way to play the currency and commodity markets.

     

    Zecco Friend

  •  01-15-2007, 7:18 PM 3498 in reply to 2619

    Re: Everbank.com

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    I started using Everbank as my primary bank about a year ago when either Forbes or the WSJ did a story about it.  So far it's been a good move for me.  I had been looking for an online bank that would fit my nomadic lifestyle, but none I'd seen prior to Everbank had paper checking accounts.  The interest rate on the checking is great, as are the rates for CDs.  Not only can you bank through Everbank, but you can trade through the same account with Evertrade.  I've bought stocks with Evertrade, but I've since decided to stick with Ameritrade for trading due to its more mature brokerage platform.

    One of the best things about Everbank is its One View page, which displays all of your assets (including non-Everbank assets) and liabilities.  This makes it easy to track activity in all of your accounts on one site, and shows your current net worth based on daily updates from your other financial institutions.

    Did I mention Everbank's easy-to-use bill paying feature.

    I recommend Everbank to anyone still lending their money to brick-and-mortar banks at no interest.  With the exception of the weak trading platform, Everbank has been nothing but positive to me.

  •  02-07-2007, 6:15 PM 4196 in reply to 2619

    Re: Everbank.com

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    I've had a good experience with both Everbank Checking and Everbank World Markets. One odd thing is that it is difficult to get Worldmarkets and Checking to communicate - ie if you change addresses you have to change it on both accounts as they don't seem to talk to each other automatically.
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