Which premier/relationship account do you hold?

[ps99472]

Debating to sign up with Chase for the private client accounts/privileges.  Believe needs about $250k in new money to establish, much like USC's BofA mention.  So which (big) bank do you go with?

 

[irvinehomeowner]

Uh... first off I need $250k of *new* money.

You guys need to start a 1%er only forum.

 

[bones]

what privileges are you looking to use?  i had private client for a bit, but didn't find it to be anything special.  They're also pretty annoying with phone calls re: account reviews/advice.  I still think the best banking relationship I have is with Wells Fargo PMA ($25k or $30k account minimum) - am grandfathered into the 100 free trades.

 

[ps99472]

Better rates?  Or not even worth it?  Currently I park in a 1.25% savings

 

[WTTCHMN]

Better rates?  Or not even worth it?  Currently I park in a 1.25% savings

That's not bad.  GS just opened a consumer bank and their promotional rate is only 1.05%.

www.gsbank.com

 

[panda]

GS Bank recently acquired GE Capital. The money market rate is 1.05%. This rate has been pretty steady over the years. If you think that the rates will rise in the years ahead 2017 - 2020, you may consider a CD laddering strategy.

UFB Bank offers 1.2% APYhttps://www.depositaccounts.com/savings/

 

[homer_simpson]

I use Chase Private Client as well.. Park about $300k there so I can get a bigger safety deposit box 

My wife Well's has better offers as well, I'll check to see what they are.

 

[eyephone]

Better rates?  Or not even worth it?  Currently I park in a 1.25% savings

You should consider ETFs.  (commission free)

 

[irvinehomeowner]

Park about $300k there so I can get a bigger safety deposit box 

This thread needs to be re-titled to "How big is your humblebrag?"

 

[ps99472]

Not sure if correct, but Chases private client rates look pretty pathetic for savings,  0.06%??

 

[homer_simpson]

Park about $300k there so I can get a bigger safety deposit box 

This thread needs to be re-titled to "How big is your humblebrag?"

I think that's the minimum or somewhere around there... Didn't mean to humble brag... #sorryimnotsorry

 

[panda]

Homer,
I also bank with Chase. Is that big safety box with Chase worth $3150 a year that you would get from parking your money in a money market account with GS Bank?

I use Chase Private Client as well.. Park about $300k there so I can get a bigger safety deposit box 

My wife Well's has better offers as well, I'll check to see what they are.

 

[peppy]

Park about $300k there so I can get a bigger safety deposit box 

This thread needs to be re-titled to "How big is your humblebrag?"

I think that's the minimum or somewhere around there... Didn't mean to humble brag... #sorryimnotsorry

Is that a double brag?

 

[The Motor Court Company]

good point; I don't why we have kept 300k balance in BoA earning the paltry interest...

 

[homer_simpson]

Homer,
I also bank with Chase. Is that big safety box with Chase worth $3150 a year that you would get from parking your money in a money market account with GS Bank?

I use Chase Private Client as well.. Park about $300k there so I can get a bigger safety deposit box 

My wife Well's has better offers as well, I'll check to see what they are.

It's really not but it wont be there for long    It's going to another venture very soon!  Back to my small deposit box again!

 

[eyephone]

Not sure if correct, but Chases private client rates look pretty pathetic for savings,  0.06%??

If you don't know where to earn more than 1%, then I don't know.

 

[irvinehomeowner]

99%er time:

If you open a Chase Checking Premiere account with direct deposit, they give you $300.

Or you can just hang out at the basketball courts near Columbus Square for the qwerbucks.