Bank Alternative to 180 days? (read on)

[HurricaneHuntr]

Basically,if i keep my bank account open for 6 months. i am going to get charged by chase for doing nothing on the account. Is there a cheap alternative to this? I heard others who say they can buy a card that the money can be withdrawn to? I'd rather do this one time fee, then to keep an account open... that i could just close as it is and reopen as a new account for a new stealth.

What are my optons? I know now paypal let's us add accounts while limited. So closing this account out is an option.


Is it the green dot cards or whatever that has a bank account on it? Worst case scenerio i would just open a new bank account in 6 months...But seems like hassle(some banks make you wait 3 months to close an account without a fee)

[original]

Originally Posted by bizzy2010

I know now paypal let's us add accounts while limited. So closing this account out is an option.

That's not always the case.

You should just close the bank account so it doesn't get eaten away by fees. Then re-open one a few days before you know your 180 day is up.

Once your 180 is up, you can add and confirm a new bank account, and withdraw to it.

Then you get your cash in your bank account, withdraw the cash and close the Chase account.

[HurricaneHuntr]

the problem with that is. If i open the account a few days just for the xfer... I will need to keep it open another 90 days or so before the bank lets me close it, unless i pay the $30ish fee

[rsot]

Some banks have that policy where if you close an account within 90 days, there is a fee - true.

You need to find a bank that has free checking with no fees - not sure which ones work in the States but maybe Bank of America?

[holymoly]

Bank of America will allow you to do this, and Suntrust...THOSE I KNOW FOR SURE. (however suntrust MUST keep 100 usd in it until you close the account)

[HurricaneHuntr]

Suntrust told me... if you have an account open with a 0.00 balance it automatically will close after 21 days