They’re fun sometimes. I just got a weird one about some dude selling a blue thing on amazon. Idk what that blue thing was since I don’t get far enough in
Same! I was just looking at banks (rip me at BOA) and I think discover would work best for me as I'm getting the credit card from them (new to credit)!!
*Graham in jail* Guard: “You get one free call, use it wisely.” Most people: *call friends or family* Graham: Hi yes I’m calling about the sign up bonus on the new Discover card?
I LOVE how Graham always puts the summary of what he talks about in the description. Really helps when I'm rewatching or finding an important point (which are many)
Do it. I was at 5/3 for years, my wife found Capital One, I opened an account shortly thereafter and haven't looked back. I'm in the process of closing everything out and completely transferring to Capital One.
Sean Maley so you would say the savings account with capital one is a good idea? Does the interest grow per month? And how often can you spend that money?
Gram you literally change my life. You taught me how to invest and you kick started my own journey on youtube and real estate. I really appreciate the info you drop. Thanks
The federal credit union for vets m,military, and federal employees is AMAZING i think they give like 5% or some other equally crazy number Right now i use America First (AFCU) and honestly their normal checking and savings aren’t crazy but their customer service is great, any time ive been charged an overdraft on my checking i can just call in and it’s gone. And i have found them to be as responsive as credit card company’s when i have issues with being charged for something I didn’t purchase and other little issues like that. But what’s really great is their student savings account. Based on age not student status to qualify. It’s a money market account that gives i think also 5% that you can transfer and withdraw from like a regular savings account. Completely liquid with high yield, perfect place for an emergency fund imo.
Navy Federal is about as amazing as it comes, but is limited to service members and their families. Navy Federal has uber competitive rates across the board, but beyond that if you ever want a Credit Union that goes out of their way to help YOU, then this is it.
I've had so much free time while being on winter break that I've been watching all your videos and I reorganized my finances and switched everything to high yield and started investing! Thanks for all the videos, they're super helpful!
Congrats on you successfully 2019. I've started sharing content myself as well but in Spanish, as I cannot compete with you in English, haha. Happy New Year 2020!
My sister had one about 20 years ago in Cali. She accrued some BS fees and challenge them which they wouldn't take off so she got the BBB involved but they couldn't do anything as it was a company based from Canada. Idk what's chnaged but I wouldnt bank with one with that isn't held accountable by some of our watchdog.
I have Capital One... I have loved them until today. I have 30K between my checking/savings accounts, and while travelling for business i left my phone in an Uber. I have all the dual authentication stuff set up via my phone. So I called the bank and asked them to help me out with being able to log in online and access my money, and they basically told me "sorry, nothing we can do"... Okay. I'm looking right now to see who I can transfer my money to that won't just tell me "sorry".
That what I said last year and now I run a six figure dropshipping store. I just want you to know that I failed the first twenty times I did dropshipping, but I didn't listen to my friends or family that were telling me to stop, I just kept on going and you need to do that too or else you will not succeed. It took Thomas Edison over 50 tries to get the lightbulb. Most people don't know this, but It wasn't even his invention. If you are passionate about something don't quit it, I guarantee you will succeed if you do that.
I randomly walked into a capital one cafe and they gave me free coffee because I had a capital one credit card. 20 cents is too much!Ill take my free credit card coffee!
Discover 1% debit card is incredibly useful for payments that charge different fees for credit and debit. For example, my landlord charges 3% on credit cards but a flat $5 on debit cards. Same story with the approved IRS tax payment processors. I agree most other purchases should go via credit card though.
I think it’s really cool how when you redo a list there’s some new information that you eloquently present for us and your video quality is just top notch. I’m happy that you hit a million subs you deserve it
@@marianaprado2856 write down all your direct depsoits from the month to check!! i forgot 3 payments when i changed banks last year (well 2018 now) sigh. I forgot my loan, gym and union lol.
FYI these rates are lower now than they were when this video was shot. Its all relative though for the most part...as in these banks still pay a higher rate than other banks (since virtually EVERYONE has had to lower their interest rates given the absurd financial conditions), but the numbers that Graham cites are no longer accurate. I was confused and figured others might be too.
I love these videos, I have no clue why I watch them (I’m from the UK so the recommendations for cards/account aren’t always that useful) yet here I am pausing Netflix to watch it. Thanks for the great content!
Graham, what you do is so important! I seriously appreciate every video and all the helpful information! Not to mention that you’re funny! The financial advice I was given from my parents was, “Keep a credit card for emergencies.” 🤦🏻♀️ I love what I learn from your channel and other finance channels too. We need more of this education in schools! I’m school all I remember getting about money was doing a simple budget. 😕
It’s interesting how high interest is so relative year to year. Although getting the very highest interest is nice, going with a company that will give you regularly good interest is likely better in the long term
@@xguti001 if I didnt get extra cc bonuses from boa checking I'd drop boa. They ain't that good as a bank Chase as well suck I only use them cause of atm and transfering money to my other acc for dd
Hey Graham, with the recent events that have happened would you make another 5 best bank accounts now? I think that this is a video you could do every 6 months.
you should do more updates on this!!! Sorry if that is too blunt. I am a long time watcher and subscriber. I appreciate everything you'd talk about to help me learn and grow. If you are still a lil tired of the usual stock market update videos you should do more updates on stuff like this with new banks or new offers.
Great advice Graham! First thing a person should do after getting their first job is choose wisely on where their money will go, and this video does a great job of presenting various options!
I’m just here for the Graham attention and reply hope ur holidays are going great man and happy new year to u friends and fam let’s make 2020 better then 2019 👍🏽
I am a big fan of all your videos, great information!!!! I was a from a former banker, I wish more people get informed before opening an account. Thank you!!!
Dammit Graham, I was reading an ebook and your notification popped up, now I gotta sToP wHaT I wAs DoInG bEcAuSe tHiS vIdEO iS oBvIoUsLy MoRe ImPoRtAnT....🙃
Helpful and informative for all.The Hidden Agenda of ‘Interest’ Versus ‘Profit’ Importance of Bank Banks are an essential component of the present day world-individuals as well as public and private institutions can hardly operate without the institution of banking.
"There's even a little squirrel that comes a cross the screen that mowes a lawn of money!" 💸 Lol this is why I love this RUclips channel, great financial advice and always guaranteed to have a few laughs each video! Thank you Graham 😂
I just wanted to thank you for making these videos. You're helping so much especially in the time and situation we are all in. Thank you! Thank you! Thank you!
I guess my big question is, how do we adapt to the lack of physical branches? The only big reason why I don't switch to these banks is that. To deposit money, either small or large amounts, and other things that we do in physical branches
Michael G, good point cause I can't get past the thought of NO PHYSICAL BRANCHES. I'm sorry but I have a problem with not actually seeing my bank branch 😬
Graham Good Morning .I currently use Tcf Bank ,Chase Bank, and Capt One Bank. But Capatail One Bank gives the best interest rate . The Customer is amazing . The Rates do change at times. But thanks for the information on the banking side of things. Best Regards, Bradley
I was looking for a high interest savings account and came across Vio Bank last August. At the time, they offered 2.42%. The interest rate does fluctuate however. I've had no problems with getting in touch with a representative and getting my situation resolved when I had an issue while overseas. I'm quite happy with them.
See, the best advice in this video is in the comments. Thank you for the review on bio. I was wondering about them. Do not like this guy he is a wordy time wasting idiot. My two best accounts or Marcus Goldman Sachs M-F cover. This guy says why oh is the best. Ignore this fool-do some research on your own and save some time.
Graham is so right about Capital One. I use their checking and savings online even though I could walk into a branch. And their customer service is fantastic. Even during this pandemic thing they answer the phone within a minute. And you get a debit card to go along with your checking account. I've been using Capital One online for many years and love, love, love it, if you can love a bank lol.
I'm not a citizen and I opened an Ally account about a year ago. They also financed my car 2 years ago. I am a legal geeen card holder tough. Maybe things changed?
You don’t have to be a U.S. Citizen to open an Ally bank account, you just need to have permanent residency status in the US colloquially referred to as a “green card”. www.ally.com/help/bank/opening-account.html
I watch videos like this, go back and compare for my personal needs and think to myself “Graham saved me so much time today” lol thanks 😊 you’re a good guy Graham!!
Could you do a series or something where you review certain bank branches? I’d love to hear what you have to say about Old National Bank but it’s only in like 2 states haha
Graham!!! You’re so awesome! Thank you for taking the time to educate us. I have genuinely become more “savings conscious” since I started watching your videos. What’s your take on Wealthfront bank?
For those that don't know, CapitalOne acquired ING, making it the great option for checking and savings that it is. Cafes are good, but do know it is not a fully staffed bank. Customer service though is quite good. Thanks Graham for the great options.
@@mordwin1 ING Direct was the first online only bank (to my knowledge). In the States is started in 2000. I signed up in 2004. In 2012 it was acquired by CapitalOne. You can read more at: en.wikipedia.org/wiki/ING_Group#Banking
With the online banks, I'm worried about having an issue and not getting help about it. & with a physical branch, I would be able to walk in and talk to someone. If that makes any sense.
This is the reason I keep my PNC account open with a physical location in my area with an online HYS account with Vio. It was the one I opened first and I can deposit checks when the app won't read them or fix things or get advise at the place itself while learning all I need for adult things.
If it makes any difference to you, I have an account with an online-only bank called "Monzo" and their customer service is head and shoulders above the traditional bank I had dealt with for years before that.
I totally understand that! One time I needed to take the street car but I didn’t have any cash (they don’t take plastic), I went into the chase bank branch and got 10 dollars in quarters. My capital one atm would only give me 20 dollar bills
They actually ARE... One other thing he neglected to mention is their checking account apy is ALSO. 1.70...which makes their bank BETTER than ANY of the ones mentioned here hands down
@@tpmediagroup Are you sure about that? I haven't been able to substantiate that information anywhere. Their savings accounts definitely do pay 1.70%.
I agree for the most part about not needing a physical bank...However, for my main checking, I do. I lost my card and needed a new one that day, $10 and I got it. I also don't know what I would have done if I couldn't get an agreement notarized there, especially with most businesses being closed.
HOLD UP: You can avoid the 35$ overdraft fee from capital one by opting-in (for free) to overdraft protection. There are 2 options. They allow you to either: 24 hour grace-period/put money in your account to cover the overdraft, so you dont have to pay a fee. OR: OUTRIGHT BLOCK any purchases that will take your account into the red. Why dont more banks do this?!
Because if your the type of person that overdrafts your bank account than your also probably the kind of person that signs up for bank accounts that charge such fees...
@@RUclipsuser1aa that’s it necessary true. My bank doesn’t do the available balance correctly so it looks like u have money to spend then BOOM. Overdraft fee because they’re not pulling the money out till days later…
Don't think they'll be assigning you a customer service rep. With those interest rates they're paying during a 0% rate economy, they're probably in the red.
I’m new to all of this so go easy lmao. Should your investments (Roth IRA) be at the same bank as your everyday checking and savings account? I was thinking about having Ally for a bank account and Fidelity/Vanguard for IRA.
This man is literally the reason I love being “financially responsible”
Thanks!
Same bro!!
Big fax
Same
Couldn’t agree more
People complaining about the adds:
I think is a small price to pay
since he is doing all the research
for us. Thank You Graham👍🏻
Way better than old TV commercials and if we watch 30 seconds of each ad he gets a decent amount of ad revenue per video
Drag the video to the need before watching and then clear reply and u have no ads
The online ads are a pain but they only last 2 to 3 seconds. But its totally worth the knowledge.
They’re fun sometimes. I just got a weird one about some dude selling a blue thing on amazon. Idk what that blue thing was since I don’t get far enough in
The man made close to 2million dollars from RUclips alone.
You’re like the dad I never had wish I found your channel sooner
Facts
He’s the rich dad from the book “rich dad poor dad”
It’s like he read my mind, this is literally what I needed right now
Awesome!!
Same! I was just thinking about this!
They be listening to us man lol
W S literally me too!! I just was researching the best savings accounts lol
Same! I was just looking at banks (rip me at BOA) and I think discover would work best for me as I'm getting the credit card from them (new to credit)!!
*Graham in jail*
Guard: “You get one free call, use it wisely.”
Most people: *call friends or family*
Graham: Hi yes I’m calling about the sign up bonus on the new Discover card?
Austin Garner 😂😂
😂😂
Please send the card to my jail cell.🤣
He is going to use the sign up bonus to bail out of jail 👍🏾
@@GegeP1804 lmao of course
I LOVE how Graham always puts the summary of what he talks about in the description. Really helps when I'm rewatching or finding an important point (which are many)
I just realized Graham really just called us all broke without calling us broke
Lmao well unless you have over 100k in cash the high interest low money accounts are perfect.
90% of people have less than 10k in cash.
Maybe those people should re-evaluate their income /spending habits and start saving up.
@@cindyhsu9827 👏
Cindy Hsu maybe those ppl are barely starting there lives (16-25) and come from nothing and are here on this RUclips channel for a reason?
@@josegalvan4995 exactly , I hate how people think life is easy for everyone. How can they judge without even knowing them personally. Gosh
Stephan ending 2019 with a banger
Another good one for sure. Happy New Year You Tube
But Vio Bank Online has a lot of bad reviews so he should remove it from #1.
Joe Taylor good logic
You’re really making me consider just closing my Chase bank and open an Ally savings or Capital one
Jessi thinking about it too cause BofA sucks!
Do it. I was at 5/3 for years, my wife found Capital One, I opened an account shortly thereafter and haven't looked back. I'm in the process of closing everything out and completely transferring to Capital One.
Sean Maley so you would say the savings account with capital one is a good idea? Does the interest grow per month? And how often can you spend that money?
1.75% atm
Yea I did Capital One from BofA and honestly, light-years ahead.
Gram you literally change my life. You taught me how to invest and you kick started my own journey on youtube and real estate. I really appreciate the info you drop. Thanks
you got it!! :)
Had to give him that like😎
@@GrahamStephan People complaining about the adds:
I think is a small price to pay
since he is doing all the research
for us. Thank You Graham👍🏻
@@rayanrazavi6522 did u just copy and paste that from @maria R
@@idunno2379 @rayan razavi did u just copy and paste that from @maria R
I don’t even live in the US. Why am I diligently taking notes? 🤦🏽♀️
Haha it’s ok
If you come, you'll know what to do! Haha
Same
To know what makes a good bank I guess
Because you’re smart!
Graham, Could you do this with top 5 Credit Unions?
I love American Airlines Credit Union
Second this
Too many options
The federal credit union for vets m,military, and federal employees is AMAZING i think they give like 5% or some other equally crazy number
Right now i use America First (AFCU) and honestly their normal checking and savings aren’t crazy but their customer service is great, any time ive been charged an overdraft on my checking i can just call in and it’s gone. And i have found them to be as responsive as credit card company’s when i have issues with being charged for something I didn’t purchase and other little issues like that. But what’s really great is their student savings account. Based on age not student status to qualify. It’s a money market account that gives i think also 5% that you can transfer and withdraw from like a regular savings account. Completely liquid with high yield, perfect place for an emergency fund imo.
Navy Federal is about as amazing as it comes, but is limited to service members and their families. Navy Federal has uber competitive rates across the board, but beyond that if you ever want a Credit Union that goes out of their way to help YOU, then this is it.
Finally! ... I've been waiting for this video ever since your posted the top 5 worst bank accounts videos!!
Awesome!
I've had so much free time while being on winter break that I've been watching all your videos and I reorganized my finances and switched everything to high yield and started investing! Thanks for all the videos, they're super helpful!
I love when he makes fun of his haters and changes his voice 🤣😭
Immature
Congrats on you successfully 2019. I've started sharing content myself as well but in Spanish, as I cannot compete with you in English, haha. Happy New Year 2020!
🙌🏼
@@GrahamStephan Is CITI bank good ? They have 1.85% interest in their accelerate savings account ?
Rafa Paez Subscribed! 😀
I’ve had capital one for years never had an overdraft fee or seen a Capital One cafe lols. I like in NJ they have legit bank branches.
My sister had one about 20 years ago in Cali. She accrued some BS fees and challenge them which they wouldn't take off so she got the BBB involved but they couldn't do anything as it was a company based from Canada. Idk what's chnaged but I wouldnt bank with one with that isn't held accountable by some of our watchdog.
I have Capital One... I have loved them until today. I have 30K between my checking/savings accounts, and while travelling for business i left my phone in an Uber. I have all the dual authentication stuff set up via my phone. So I called the bank and asked them to help me out with being able to log in online and access my money, and they basically told me "sorry, nothing we can do"... Okay. I'm looking right now to see who I can transfer my money to that won't just tell me "sorry".
I want to get in with capital one for a checking but we only have one atm here in Minnesota
Anyone else know Discover was a Sears creation? Sears was the original retail good guy, the legacy lives on.
I would love to see a video breaking down the best high interest savings accounts. Great Video.
That what I said last year and now I run a six figure dropshipping store. I just want you to know that I failed the first twenty times I did dropshipping, but I didn't listen to my friends or family that were telling me to stop, I just kept on going and you need to do that too or else you will not succeed. It took Thomas Edison over 50 tries to get the lightbulb. Most people don't know this, but It wasn't even his invention. If you are passionate about something don't quit it, I guarantee you will succeed if you do that.
Charles Hayes hi do you have an email I can contact you on?
I randomly walked into a capital one cafe and they gave me free coffee because I had a capital one credit card. 20 cents is too much!Ill take my free credit card coffee!
That’s awesome!!
sickflow usually major cities
Where? The one in Manhattan NYC just gives us 50% off their coffee.
In Seattle they have it
geoc1 this one was in Walnut Creek Ca.
Discover 1% debit card is incredibly useful for payments that charge different fees for credit and debit. For example, my landlord charges 3% on credit cards but a flat $5 on debit cards. Same story with the approved IRS tax payment processors. I agree most other purchases should go via credit card though.
I think it’s really cool how when you redo a list there’s some new information that you eloquently present for us and your video quality is just top notch. I’m happy that you hit a million subs you deserve it
I have used Wells Fargo for the past 5 years and I feel like a chump.
I feel you now I'm trying to figure out how to cancel and move to a different one
Mariana Prado agreed lol. The hardest part is contacting all of the companies that take money out of your account and switching it to your new one.
@@RealWunderBanana god I didnt even think of that ugh I'm not ready for this head ache.
@@marianaprado2856 write down all your direct depsoits from the month to check!! i forgot 3 payments when i changed banks last year (well 2018 now) sigh. I forgot my loan, gym and union lol.
@@jadiecakes3241 I will I'll probably keep my wellsfargo account open until I'm positive everyone was given the new info lol
FYI these rates are lower now than they were when this video was shot. Its all relative though for the most part...as in these banks still pay a higher rate than other banks (since virtually EVERYONE has had to lower their interest rates given the absurd financial conditions), but the numbers that Graham cites are no longer accurate. I was confused and figured others might be too.
I was so confused for a second lol
Yep, vio and discover only offering .40 atm
Awe man
Bank interest rates follow federal interest rates. They’re up again
I love these videos, I have no clue why I watch them (I’m from the UK so the recommendations for cards/account aren’t always that useful) yet here I am pausing Netflix to watch it. Thanks for the great content!
Charlotte, you might have a crush on Mr. Graham.
Perfect timing I've been looking for a video just like this
Awesome!
This man deserves it all keep up the great work Graham 👍🏽
Graham, your videos and advice on growing a channel have really helped me
I appreciate it! Great work
Happy it's helpful!
Love you both!
I make educational videos btw !
Very timely. I need this right now, this exact moment.
Graham, what you do is so important! I seriously appreciate every video and all the helpful information! Not to mention that you’re funny! The financial advice I was given from my parents was, “Keep a credit card for emergencies.” 🤦🏻♀️ I love what I learn from your channel and other finance channels too. We need more of this education in schools! I’m school all I remember getting about money was doing a simple budget. 😕
Yay I’ve been waiting for this one ever since the “5 worst” video!
It’s interesting how high interest is so relative year to year. Although getting the very highest interest is nice, going with a company that will give you regularly good interest is likely better in the long term
So true!
No best is to always switch Banks to best apy
Is this vio bank consistent like ally?
I think I’m edging with ally atm. Just tired of my BoA accounts.
@@xguti001 if I didnt get extra cc bonuses from boa checking I'd drop boa. They ain't that good as a bank
Chase as well suck I only use them cause of atm and transfering money to my other acc for dd
Hey Graham, with the recent events that have happened would you make another 5 best bank accounts now? I think that this is a video you could do every 6 months.
I'm leaving Wellsfargo finally after 15 years!!!
Congratulations! Why are you leaving them?
Worst bank ever!!
Don't burn any bridges. take your money out but Try to keep the account open if you can do so without paying any fees.
@@googleplusrapedme9227 lol why? There's nothing bad about closing bank accounts, I do it all the time with signup offers
Yay!
So glad I found your channel! Starting to be more aware of my Finances this year.
you should do more updates on this!!!
Sorry if that is too blunt. I am a long time watcher and subscriber. I appreciate everything you'd talk about to help me learn and grow. If you are still a lil tired of the usual stock market update videos you should do more updates on stuff like this with new banks or new offers.
Great advice Graham! First thing a person should do after getting their first job is choose wisely on where their money will go, and this video does a great job of presenting various options!
I’m just here for the Graham attention and reply hope ur holidays are going great man and happy new year to u friends and fam let’s make 2020 better then 2019 👍🏽
Yeah mike let’s get it!
We need a 2022 best bank update Graham.
Finally a list I want to be on!
:)
Are you a bank?
Heck yea!
@@veeinh no but I use many
"The interest rate is horrendous" (24.99%)
Let me introduce you the interest rates of any Mexican Bank... (+50%-60% )
Finally someone understands my pain.
Thanks Graham!!
Could you do a video on BEST ROTH IRA accounts and could you talk about SOFi I hear alot about it. Thank you!
You should review the bank SOFI they give High Interest in their checking accounts. They also have investment stocks etc
I am a big fan of all your videos, great information!!!! I was a from a former banker, I wish more people get informed before opening an account. Thank you!!!
I just opened a Citi bank account and I deposited $50,000 and i got a $1000 bonus which is a 12% APY, plus i get 1.65% APY if i have $50,000 or more.
Dammit Graham, I was reading an ebook and your notification popped up, now I gotta sToP wHaT I wAs DoInG bEcAuSe tHiS vIdEO iS oBvIoUsLy MoRe ImPoRtAnT....🙃
More important than hunting machines? 😆
@@ASTNGen Oh, hell no. Nothing can top that! 😎
Helpful and informative for all.The Hidden Agenda of ‘Interest’ Versus ‘Profit’ Importance of Bank Banks are an essential component of the present day world-individuals as well as public and private institutions can hardly operate without the institution of banking.
I love how you have a genuine interest in makin other people’s lives better.
Thank you Graham
You got it!!
Yes his content is always top notch. Helping people feels really good too!
"There's even a little squirrel that comes a cross the screen that mowes a lawn of money!" 💸
Lol this is why I love this RUclips channel, great financial advice and always guaranteed to have a few laughs each video! Thank you Graham 😂
p4nc4kemix4u TV I absolutely agree 😊
You had me at
"What's up you guys, Graham here."
Travel Fun Same
I just wanted to thank you for making these videos. You're helping so much especially in the time and situation we are all in. Thank you! Thank you! Thank you!
Lol, when there's a bank that pays you more interest in it's checking account than I get at my current bank in my savings account
I was told to follow you on RUclips. Glad I did- liked and subscribed.
Great video. Do a video on how many bank accounts you have and the purpose of the accounts!
Sure!
@@GrahamStephan awesome!
Yeah, discover is underrated asf
It's the one I'm going to go with I really like the 1% cash back debit card
@@kelesar I love the cash back bonus on everything you buy. You get even more % cashback on gas/food!
How do u get more cashback with gas and food?
@@istaygolden3017 my acc just comes with 2% cash back on gas and restaurants and everywhere else is 1%
@@FinancialCharles this is like their normal checkings account or do u have to apply for this kinda upgraded version?
I guess my big question is, how do we adapt to the lack of physical branches? The only big reason why I don't switch to these banks is that. To deposit money, either small or large amounts, and other things that we do in physical branches
Michael G, good point cause I can't get past the thought of NO PHYSICAL BRANCHES. I'm sorry but I have a problem with not actually seeing my bank branch 😬
Graham Good Morning .I currently use Tcf Bank ,Chase Bank, and Capt One Bank. But Capatail One Bank gives the best interest rate . The Customer is amazing . The Rates do change at times. But thanks for the information on the banking side of things.
Best Regards,
Bradley
You should do a review of Simple Bank!
I second this!
1 minute ago: 90 likes.
Goals.
CRAYYYY
And he didn't ask for a like until 1:12!
I guess I fall under the .0001%
Graham Stephan not on topic with this video, but what’s your thoughts on commercial real estate? Maybe a future video about commercial real estate.
@@GrahamStephan Top 5 best credit unions please
Coffee is gold!! Keep that coffee on site Graham.
I was looking for a high interest savings account and came across Vio Bank last August. At the time, they offered 2.42%. The interest rate does fluctuate however. I've had no problems with getting in touch with a representative and getting my situation resolved when I had an issue while overseas. I'm quite happy with them.
See, the best advice in this video is in the comments. Thank you for the review on bio. I was wondering about them. Do not like this guy he is a wordy time wasting idiot. My two best accounts or Marcus Goldman Sachs M-F cover. This guy says why oh is the best. Ignore this fool-do some research on your own and save some time.
My man finally saw my comment, this is the video I have been waiting for
:)
Graham is so right about Capital One. I use their checking and savings online even though I could walk into a branch. And their customer service is fantastic. Even during this pandemic thing they answer the phone within a minute. And you get a debit card to go along with your checking account. I've been using Capital One online for many years and love, love, love it, if you can love a bank lol.
When you have to be a citizen to open an Ally bank account
Discover: welcome👏🏻
@NurturingTalents Lmao for real, but one day tho. I am going be an "Ally" too. lol
@NurturingTalents Thanks, still got to keep drinking that 20 cent coffee after tho
Yeah I noticed that too! Found it weird but I'm a citizen so I am going to try them out along with discover.
I'm not a citizen and I opened an Ally account about a year ago. They also financed my car 2 years ago. I am a legal geeen card holder tough. Maybe things changed?
You don’t have to be a U.S. Citizen to open an Ally bank account, you just need to have permanent residency status in the US colloquially referred to as a “green card”.
www.ally.com/help/bank/opening-account.html
I watch videos like this, go back and compare for my personal needs and think to myself “Graham saved me so much time today” lol thanks 😊 you’re a good guy Graham!!
This is the best financial advice I’ve herd (for entertainment purposes only of course)
It's always important to keep an eye out for these interest rates, since they are constantly changing and banks use them to lure people in.
6:04 “bUt gRAhM!” 😂😂🤣 gets me every time
THANK YOU SIR!! just found your channel yesterday and i can’t stop watching all your videos.
Could you do a series or something where you review certain bank branches? I’d love to hear what you have to say about Old National Bank but it’s only in like 2 states haha
Graham!!! You’re so awesome! Thank you for taking the time to educate us. I have genuinely become more “savings conscious” since I started watching your videos.
What’s your take on Wealthfront bank?
I use Wealthfront and love them!
Capital One's 360 Performance Savings went down to 1.2% thanks to you. I still have them though lol.
Best part of these: When he mocks and blasts the negative comments 🤣
For those that don't know, CapitalOne acquired ING, making it the great option for checking and savings that it is. Cafes are good, but do know it is not a fully staffed bank. Customer service though is quite good. Thanks Graham for the great options.
What is it ING?
@@mordwin1 ING Direct was the first online only bank (to my knowledge). In the States is started in 2000. I signed up in 2004. In 2012 it was acquired by CapitalOne. You can read more at: en.wikipedia.org/wiki/ING_Group#Banking
Nicole Ernst Boris do the cafes have ATMs to deposit or withdraw money?
@@jorgep3512 Yes they do. Not a fully functioning bank but does your basic everyday transactions such as atm deposit/withdraw and staff to help.
So much appreciation !
Shout out to all the responsible 12 year olds watching this
Please make an update vid for 2021.
Graham- could you talk about how to save for and buy a house for people living in costly areas (seattle!), but who are good at managing their money?
Discover is the only bank I’ve tried so far that u can easily talk to a human being when u call..
#SupportHumans
#RejectMachines
A human being that is ACTUALLY fluent in English! It's such a relief!
writinc "reject machines" on a machine huh? that kinda makes you a hypocrite
#Yanggang4life
Dude I feel you . I got so impatient with the machines.
@@joelaustin9141 #Trump2020
With the online banks, I'm worried about having an issue and not getting help about it. & with a physical branch, I would be able to walk in and talk to someone. If that makes any sense.
This is the reason I keep my PNC account open with a physical location in my area with an online HYS account with Vio. It was the one I opened first and I can deposit checks when the app won't read them or fix things or get advise at the place itself while learning all I need for adult things.
If it makes any difference to you, I have an account with an online-only bank called "Monzo" and their customer service is head and shoulders above the traditional bank I had dealt with for years before that.
I totally understand that! One time I needed to take the street car but I didn’t have any cash (they don’t take plastic), I went into the chase bank branch and got 10 dollars in quarters. My capital one atm would only give me 20 dollar bills
Ally bank has been awesome to me and they've helped with everything ive had questions on and you can speak to real people
Thank you so much for all the banking information.
Where’s Lehman Brothers?
I LOL'ed
Ahahahahaha wow 😂
DISCOVER beats all of them hands down! Fight me! XD
Lol also their stock is undervalued in the stock market. Great business
They actually ARE... One other thing he neglected to mention is their checking account apy is ALSO. 1.70...which makes their bank BETTER than ANY of the ones mentioned here hands down
@@tpmediagroup Are you sure about that? I haven't been able to substantiate that information anywhere. Their savings accounts definitely do pay 1.70%.
@@kr46428 YUP! I have the acct but u can look it up on nerd wallet
@@tpmediagroup On both Discover's website and on Nerdwallet, I'm only seeing the 1.70% referred to their savings account.
I agree for the most part about not needing a physical bank...However, for my main checking, I do. I lost my card and needed a new one that day, $10 and I got it. I also don't know what I would have done if I couldn't get an agreement notarized there, especially with most businesses being closed.
Simple is my bank. Their goals and expenses tool is how every bank should have always worked.
I just watched your “ how to make 20 cent iced tea” video, and found out we have the same birthday!
Thanks Graham!
You're back from Christmas! Happy holidays!
Also, how about Wealthfront? Didn't make it because it's not actually a bank?
You too!
he mentions it at 12:30
@@MrSayonara88 idk how I missed that lol, thanks!
I heard ally bank gives rewards on avocado toast purchases in the U.S.
I WISH
Great video Graham
HOLD UP: You can avoid the 35$ overdraft fee from capital one by opting-in (for free) to overdraft protection. There are 2 options. They allow you to either:
24 hour grace-period/put money in your account to cover the overdraft, so you dont have to pay a fee. OR:
OUTRIGHT BLOCK any purchases that will take your account into the red. Why dont more banks do this?!
Because if your the type of person that overdrafts your bank account than your also probably the kind of person that signs up for bank accounts that charge such fees...
If you're worried about overdrafts you need to work on some other stuff
Same story with Wells Fargo
They do but if you choose to opt out and they do you call them on they bs
@@RUclipsuser1aa that’s it necessary true. My bank doesn’t do the available balance correctly so it looks like u have money to spend then BOOM. Overdraft fee because they’re not pulling the money out till days later…
My favorite part of these types of videos is when he mocks the haters: 6:04
It's hilarious...just me? ok
Can you please do an updated version of this video, and top five credit cards?!!
Goals for 2020: banking with Lawn Mowing Money Squirrel. I'm gonna call him Gary and I hope he will be my customer service rep.
Don't think they'll be assigning you a customer service rep. With those interest rates they're paying during a 0% rate economy, they're probably in the red.
Anyone else remember the good days when ally was at 2.2% for the savings account? Luckily I put away a good amount in a CD during that time.
your worst bank account video made me sub great job 👍👍👍
Sounds like the list is reversed tbh.
Yay i'm happy discover made the list. I literally just made a discover savings account so I'm glad it's not on the bad list!
I did too, since I have been using the credit card with cash back fro nearly decade.
Thanks Graham ✊🏿 💪🏾 🙏🏾
I’m new to all of this so go easy lmao. Should your investments (Roth IRA) be at the same bank as your everyday checking and savings account? I was thinking about having Ally for a bank account and Fidelity/Vanguard for IRA.