Bank to go all paperless

"Don't worry, be happy..." - Bobby McFerrin

“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.”– Attributed to Charles Darwin
 

SeaBreeze said:
I still use checks to pay my bills and get a paper statement every month, and I like it that way. For awhile my bank started charging $3 statement fee monthly for the paper statement, but they soon dropped that since I always had the minimum balance in my account, so it's free again.

I realize that times are changing and there will come a day when I have no option but to go online for statements, and I'll just do it then. You should dump those junk printers Deb and get one that works, it's not too expensive.

If you order anything from Walmart online, they'll usually deliver it free to your local store for pickup. You need to get yourself a credit card, you're depriving yourself of a lot of online access and convenience in shopping.

Get one without an annual fee, like Capital One or Discover, then pay your bill in full by check if you choose, that's what I do. These days the brick and mortar stores don't bother to carry physical inventory on the shelves if they don't have to, you have to change a little to suit the times if you should take advantage sometimes in this world of technology.
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Im amazed you can still use checks. A lot of banks don't have them anymore. Credit unions do.
 
I keep electronic records on an offline computer to avoid any possible intrusion. However, since computers fail and records disappear I print copies of all financial records. My biggest concern is a possible loss of records that could affect my taxes.
 
What you should be leery of is those paper statements. Maybe your post office is more efficient than mine but I don't trust the mail system anymore...too many things have happened including me getting a check for a man who's address was in another town and street name not even vaguely similar to mine. Once my neighbor in the next building got my pension stub (he brought it right over though). My step daughter mailed two phones my husband had loaned her. She mailed them from the post office in Atlanta. It took me 6 weeks to get those phones and I only got them because the young lady who took care of me a couple of weeks prior when I had asked about the "missing" package, remembered me when I went to the pick up window to get my medications. She had put the package away for me. Nobody else could find it before that. In addition, my neighbors' mail often wind up in my box and vice versa. Add to that people who are out to steal your mail so they can find out personal information about you and your accounts. Online banking is scary at first...I admit that...but it's been found to ultimately be safer.
 
oldmontana said:
I know people that do not have a computer...do you?
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My old desk top computer needs replacing... meanwhile my internet provider [cable company]
is giving sub-par service while increasing rates [Received letter today, rates are going up 20%.]
I am seriously considering disconnecting the whole thing... and watch DVDs, listen to music CDs
and the radio and only use my cheap mobile phone.

.
 
debodun said:
The bank where I have my checking account sent out mailers announcing that as of September, they will be going "all paperless" and not sending account statements by snail mail any longer. They advised getting an online account with the bank where depositors could download and print out their monthly statements. I don't trust the Internet where bank info is concerned added to the fact that I do not have a printer. I may just go to the branch office and ask for a printout of my statements and photostats of my checks.
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Most of the big banks are morphing to on-line only.
Eventually they will close all but a few of their branches
which will force their customers to go on-line only.

I know BBVA is so focused on-line that their branches
might as well be closed because there is hardly ever
a banker there to help customers. They even went
so far as to give higher CD rates on-line verses at
their branches.

Meanwhile, I found a smaller bank with wonderful
old fashion customer service. One of their branches
is nearby. I opened new checking [free checks] and
savings accounts and took out a 5 year CD at 3.5%.
 
AprilSun said:
I know several people that don't have computers and I can't persuade them to get one either because I've tried and they won't.
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We have friends that have a computer but will not pay to get on line.

The Average Internet Package. The available internet packages will vary greatly by location but on average cost about $50.00 per month for about 100 Mbps of speed. When you opt for less-expensive packages, you tend to get fewer Mbps per dollar.Mar 28, 2018
 

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