So I'm thinking of doing an ebay business to sell my souvenirs. Due to the crime that was committed upon me last month, I've cut down on selling my goods at the market. Only doing it part time now and ONLY IF I can go with others. Never going to go alone again especially early mornings to setup.

I'm looking to open an account at a new bank to fund the ebay business. Ebay requires you have a bank to sell goods.

I've never done any of these online banks and was always afraid of them.

But I saw one online Capitol One which offers Zero Minimum balance and Zero monthly fees.

Most of the brick and mortar banks I've talked with require some kind of minimum balance to be deposited - at least $1500. I'm looking to put in the least amount possible in deposit. Preferably $0. The plan is what I sell I'll just add to the online bank.

I am still a bit not sold on the new technology. I saw how you can now scan a check on the phone and it'll deposit into your account. It may take time for me to consider that cause that does not seem all that secure for $$ and identity purposes.

Is this Capitol One legit? Are there any similar online banks you guys can recommend? Also, for these online banks, say I want to take the money out, how do I do that if they don't have ATMs or psychical branches?

just put it into my account and then I'll give you the cash

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O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

I suggest you send blast emails portraying yourself as a lost African prince that needs funds to get back to America...then ask them to send it to you in Frontier Airlines gift cards.

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I hear good things about Ally bank.

https://www.ally.com/

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"I honestly don't see a good bet on the board here."

What souvenirs are you selling

Mason jars full of celebrity farts.

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Capital One used to be great when it was still ING. But now it has Capital One stench all over it and the products haven't evolved in the last decade. I keep all of $11 there just to keep the accounts active because I can't be bothered to cancel.

Ally is pretty good. I haven't used their billpay on their checking, but their savings rates are excellent. I use them to park my car money - I was going to pay cash when I bought my car in February but got a 3.9% APR loan from Chase, so I move 6 months' of payments at a time from my brokerage to Ally and I'm getting 4.25% on savings.

They don't have totally free ATM access, but they are part of Allpoint so usually either Walgreens or CVS are fee free to withdraw. You probably have to start with $25 in checking.

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"When people want their version of the truth, they go find it, no matter how baseless their beliefs." -- Ken Rosenthal

I have screen legend Anthony Quinn's undershirt. Maybe I can sell it on your online store.

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Flew too close to the sun on wings of pastrami

Mayberry Security Bank is about right for you.

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Chemical Bank

Lehman Brothers is pretty dependable

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He would never survive in rural North Carolina. And Siler City is full of Mexicans working at the chicken slaughtering facility.

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"When people want their version of the truth, they go find it, no matter how baseless their beliefs." -- Ken Rosenthal

True, but I could totally see him dressing up as a woman janitor trying to rob the place.

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i called these guys and it said someone would talk to me in 5 min. 30 min later still on hold. I'll try back next week.

I'm picturing an extensive collection of key chains and snow globes.

good information - thanks.

I just realized all those commercials that have the actor who played Stacks in Goodfellas and was in Pulp Fiction with Travolta are commercials for Capitol One. Can't think of his name right now but I remember him from those 2 movies. He was also in Snakes on a Plane.

I will try Ally again. But do they offer zero minimum and no monthly fee's for a checking account? Right now Capitol One seems like what I am looking for but I would like to have all the other online banks to compare against before singing on.

Chet, why pay interest if you can pay cash?

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Because the cash is still in an old IRA, so it affects my taxable income. This way I can spread the tax burden over four years at presumably lower marginal rates. Between that and what Vanguard/Ally give me for my balances, it's a net positive.

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"When people want their version of the truth, they go find it, no matter how baseless their beliefs." -- Ken Rosenthal

Thanks Chet

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