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Posted by Mark on March 14, 2007, 8:23 am
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> Awhile ago, Wachovia offered an online bill-pay service, and I have been
> using it to schedule some vendor payments (Wachovia has special
> arrangements with some vendors, and the payments are applied faster than
> if I initiate through Quicken). I was using both types of scheduling
> concurrently.
>
> I received notification that Wachovia will now charge a fee for Online
> Banking access through Quicken
> http://www.wachovia.com/personal/pfmsupport/0,,6057,00.html
>
> I can, however, still access my Wachovia account through the Wachovia
> website, and can download transactions from there into my Quicken
> software.
>
> If your bank has a similar policy, you may need to turn off online access
> within Quicken, and initiate all bill payments and transaction downloads
> directly through your financial institutions e-bill website, in order for
> it to be free.
>
Did you notice the following -
* Customers who access Wachovia Online Banking directly through personal
financial management software and have an active Crown Select, Crown
Classic, Crown Banking, Crown Access, Crown Regular, Crown Interest, Custom
Banking, Performance Banking or Command Asset Program will not be charged.
If you have any of the above types of accounts you will not be charged. It
may be worth your while to look into moving to one of these accounts. In
most cases you can qualify based on credit line, like a credit card or home
equity line. You do not need to carry any balance at all you just need to
have the credit line "available". I have a credit card and a home equity
line of credit with Wachovia that I have NEVER used but it gets me a Crown
Select account with no fees.
Mark
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