Then maybe you should do the setup I have.Thanks Boston10 for the detailed reply, nothing but agreement here. I will probably end up at Fidelity, but ME/BofA has been good to me, and not just in terms of credit card stuff. But to me they are not a good set up for cash and bill pay, but rather a good place to maximize credit card rewards and brick and mortar services.
Fidelity is primary brokerage, MMF, IRA, DAF, HSA and bill pay etc. Currently best provider IMO.
BofA/ME is secondary. With the BofA checking having little cash, but use it for any non credit card mandatory payments ACH and once in a blue moon paper checks, ATM, branch visit etc.
Use the BofA/ME mainly for credit cards and keeping alternate source of cash in TTTXX. This automates pretty much everything, but I have sms and notifications on for everything in every account so I know what is going on, which I can glance at while enjoying netflix
By this setup, I am not reliant on a single institution but , to me, optimized.
Statistics: Posted by rustlers — Sun Mar 03, 2024 3:02 am — Replies 6963 — Views 853378
