What’s this RJ?

@@Jason_The_Man This is the channels blog where we post the bank bonuses that don't make it to air, some card offers, and news stories

CU's can be different. Being design around a community feel and non profit goes along way

Love your family, conditional loyalty at best to everyone else

We don't bash their deposit products enough honestly.

Chase is the by far the worst of the Big Four banks for interest. The 0.02% for their Premier Relationship Savings Account is the same that they were paying two years ago when the Fed had interest rates at basically 0%. Citi is the only one of the Big Four with a decent interest rate. They are currently paying 4.05%.

All the big banks are insulting us with savings and cd rates

- definitely

I would agree with this. Those places are designed to be legit relationships for the most part

CU's are built to make and keep relationships to a degree. That's worth something, especially in the early days. They can also offer community programs for kids or those just starting out to help with education which is a nice touch

I had a recent issue with a bank bonus. If I had a real relationship the manager woulda taken care of it. Because you can tell I'm a bonus hunter they said go take a running leap

Haha, they just keep doing silly things... Chase is like an off again/on again. Great cards, awful deposit products, so so service

The bank you did your loan with can pay for services that will give them heads up if you have mortgage credit pulled. It's some how throws a different notification than credit for a credit card. Current lender will usually get a next day notification that a client is shopping around and may try to market to you as a lead. There's rules around permissible use of credit. So the bank shouldn't be able to use that credit info for other products. Banks can end a banking relationship at any time, without giving a reason. This rare on mortgage loans but it could happen. Usually they give 30 days to take the loan elsewhere; which means refi it. They would not call a loan due to you shopping around. It's more so if something came back in an audit for fraud perhaps. Almost all loans are sold within days of closing. Some loans are kept on a balance sheet like ARMs or "special people " loans like in the story I told. So the bank doesn't care what happens after that... unless they get hit with a repurchase request from the buyer (Freddie/Fannie). Even then they probably won't call the loan unless you outright lied. They usually call and try to get you to refi with a killer deal.

Good point, I've only heard good things about them and USAA. As it should be

Oh, they really did that? I thought they were talking about doing it... it's too much

@@RJFinancial Maybe they backpedaled after getting bad press? Have not keep up-to-date on it. Know for a fact that HP on a at least two occasions has updated a "security update" that made you have to use their chipped ink cartage's on their printers.

Spend $10M in 1 hour to be able to split a granola bar with Mr Dimon

Spirit award!