I did not want to hijack the other posting on banking. I have use a Credit Union in OH for 10 years before Full Time plus 9 Years of full time for 90% of my banking. Most bills are automatically drafted (paid). I also have a BOA account for the other 10% only for the few times I need to "walk in" a bank -- like for a notary or get a loan. I only have one problem with the two banks.I am thinking about adding or replacing the credit union with Fidelity's Cash Management "bank". Most of my investments IRA etc are with Fidelity. The only real reason to replace the CU is that once a year or so (Christmas) I mail checks to a number (30+) of family members and the CU has a limit on 10 "MAILED" checks a month. Fidelity's banks does not have any limit. Has anyone use Fidelity as a on-line bank??? . . . :@

There are other ways to get money to people besides paper checks.

With google wallet you can send money to anybody with a Email account. With that said the people you send money to have to have a debit card. You can also send money to anybody with a paypal account. If you have a paypal account. But I am sure BofA must have online free bill pay like everyone else, right?Or sense it is gifts you want it in a envelope with a card.I almost forgot to answer you question. I have not used Fidelity Bank.

dave17352 wrote:With google wallet you can send money to anybody with a Email account. With that said the people you send money to have to have a debit card. I have checked out Google Wallet - Do not like the need for a debit card You can also send money to anybody with a paypal account. If you have a paypal account. I use PayPal some times but do not like the fee paypal charges. But I am sure BofA must have online free bill pay like everyone else, right? BofA does have free bill pay and I can pay any number of COMPANIES electronically. But only a limited number of people that need a check mailed.Or sense it is gifts you want it in a envelope with a card. This is why I need a "real" checkI almost forgot to answer you question. I have not used Fidelity Bank.

Sometimes when we travel, we purchase money orders from the Post Office to send to family members. Cost is $1.25 each. No experience with Fidelity Bank but here is one review you might be interested in: https://investorjunkie.com/4110/fidelity-review/ - scroll down to Sunil T review.

Some of your younger recipients may appreciate gifts like an Amazon gift card, Starbucks..etc. Beats have to change banks.I didn't know banks would include greeting cards with checks.

Fidelity Cash Management "Bank". ??? | Good Sam Community

2gypsies1
Explorer III
Jan 14, 2016
TenOC wrote:
2gypsies wrote:
To answer the OP's question: We've used Fidelity for over 20 years for our investments and banking. Very easy to do and very satisfied.

Thanks. I wanted to send you a PM but could not. One more question.

When you use Bill Pay with Fidelity do you get notification when the check is actually CASHED? Some of the people I send checks to move often and I sometimes have an old address. A few handwritten checks have been "lost" in the mail. Therefore, I want to know not only that Fidelity has mailed the check but that it has also been cashed. One of my current banks deduct the money "when it SHOULD (schedule to)arrive". The other bank post the day the check was mailed and again the day when it was actually cashed that could be a week or so later -- two posting to my account. I like the two posting.

Yes, you can view all the information online and can see when a check has been cashed. It acts just like any bank.
TenOC
Nomad
Jan 13, 2016
2oldman wrote:
TenOC wrote:
Therefore, I want to know not only that Fidelity has mailed the check but that it has also been cashed.
You should be able to go online and see that the check has cleared, and see a picture of it. Your CU doesn't do this?

I never thought of this. Yes they do
2oldman
Explorer II
Jan 13, 2016
Ductape wrote:
You said you need a real check to include in a gift envelope with a card.
And the CU limits the checks they will mail for you. ??? How do those two fit togethe.
I asked a similar question but got no response.

Much of this isn't making sense.
Ductape
Explorer
Jan 13, 2016
You said you need a real check to include in a gift envelope with a card.
And the CU limits the checks they will mail for you. ??? How do those two fit together?

We do gift cards which you can buy everywhere these days. If those get lost in the mail your checking account is not compromised.
2oldman
Explorer II
Jan 13, 2016
TenOC wrote:
Therefore, I want to know not only that Fidelity has mailed the check but that it has also been cashed.
You should be able to go online and see that the check has cleared, and see a picture of it. Your CU doesn't do this?
TenOC
Nomad
Jan 13, 2016
arhayes wrote:
We mail checks or gift cards in their Christmas cards.....

I stopped sending Christmas cards years ago. I do email a Christmas wish with a short update of my life.
rockhillmanor
Explorer
Jan 13, 2016
arhayes wrote:
We mail checks or gift cards in their Christmas cards.....

X2
Seems the easiest way to do it instead of having the bank do it with limitations. And it's also a little more personal. :W
arhayes
Explorer
Jan 13, 2016
We mail checks or gift cards in their Christmas cards.....
TenOC
Nomad
Jan 13, 2016
rockhillmanor wrote:
TenOC wrote:
.... The only real reason to replace the CU is that once a year or so (Christmas) I mail checks to a number (30+) of family members and the CU has a limit on 10 "MAILED" checks a month. Fidelity's banks does not have any limit....

How does your bank know how many checks you 'mail'? The limit is on the number of checks the BANK will mail for me when I use their on line bill pay feature.
TenOC
Nomad
Jan 13, 2016
2gypsies wrote:
To answer the OP's question: We've used Fidelity for over 20 years for our investments and banking. Very easy to do and very satisfied.

Thanks. I wanted to send you a PM but could not. One more question.

When you use Bill Pay with Fidelity do you get notification when the check is actually CASHED? Some of the people I send checks to move often and I sometimes have an old address. A few handwritten checks have been "lost" in the mail. Therefore, I want to know not only that Fidelity has mailed the check but that it has also been cashed. One of my current banks deduct the money "when it SHOULD (schedule to)arrive". The other bank post the day the check was mailed and again the day when it was actually cashed that could be a week or so later -- two posting to my account. I like the two posting.

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Fidelity Cash Management "Bank". ???

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