I'm looking for opinions. I have Savings and Checking accounts with JP Morgan (formerly WAMU). My main CC's are with BOA. My question is this, would it be beneficial to move my savings and checking to BOA? Only reason I ask is because they offered me a $75 to open a checking and fund with $25 min. I feel it would be beneficial because it would put all my accounts in one place (all FDIC insured). Any thoughts?
*** Just looked at the BOA site. The checking looks good but the savings sucks. Min balance of $300 for no charge and the Int is pitiful at 0.20%. Right now the WAMU/Chase savings is at 3.0%.
*** Ok, so I just opened up the Checking with BOA. I couldn't pass up the free $75. I've been looking at the Chase accounts and don't like them so I may move all my checking to BOA and move my savings to ING, which i already have an account with. The only reason I would move the savings is if Chase changes the terms of the online savings I have now. Will keep posted.