Does anybody know what credit checks are carried out if you go into the SunTrust at DTD? Are you likely to get an embarassing rejection if your credit history in UK is less than 100% perfect?
Just received an e-mail from Suntrust, saying "due to changes in the industry, we are updating our product offerings and discontinuing certain account types, including Free Checking."
What it basically means is that from Nov. 10, they will charge you a monthly maintenance fee of $7 if your balance goes below $500!
As I only use that account for the DVC fees, I keep around $100 on it at any time.
Now, I have to decide if I'll eat the monthly fee of $7, keep the balance above $500 or look for another bank.
Anyone knows of another bank who still has free checking accounts?
Ive got a SunTrust account and havent received any email so far.
The Suntrust caught my eye, then I realized this is a thread for people living in the UK, using the Suntrsut in Florida.
Suntrust is changing this for EVERYONE, it doesn't matter where you live. I have been with Suntrust for abour 4 years and was told that my account would NEVER change because they hold our mortgage, well lo and behold, I got the letter in the mail and sure enough, the policy is changing, no matter where you live.
You might want to look else where, this is a new policy pretty much for all US banks based on a Federal law/policy changes. I am shopping around for a new bank/credit union.
I live in the US and we received our letter a few weeks ago from them. My wife called and got pretty much the same information that you all have been saying. This change has nothing to do with them needing to do it, It's being done simply because they CAN do it.
The $5 per month for unlimited ATM transactions is what has annoyed me more than anything. If you use a non Suntrust ATM your going to pay $2 - $3 for the transaction anyway, It's just another way the banking industry has decided to collect fees when the federal government prevented them from another way.
We are actually looking at other banking options such as credit unions.
I'm not aware of a Citibank at DTD, as far as I know, there is only a Suntrust bank office there, right across the street from Ghirardelli:
http://maps.google.com/?ll=28.371245,-81.512184&spn=0.001968,0.003484&t=h&z=19&vpsrc=6
Thankyou I meant suntrust.Dont know where citibank came from
I only brought my passport and $100 to open an account. Took about 30 min. No charge to open an account, but as was said in the beginning of this thread, there might be a monthly charge if your account contains less than $500.
Yes I am aware of this
DVC only accepts direct debit from US bank accounts for monthly dues payment, so unless your Fairfax card is connected with a US bank account, that won't work.
I will go back and double check my letter on the fees to use the check card.
But be warned, again, that most banks in the US are changing to do this due to the increase in processsing fees at the point of sale, if you swipe your card.
I am not sure what other banks are in the area, we bank with Suntrust and I know about the one across from DTD.