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12-16-2022, 07:06 AM #1
- Join Date
- Feb 2017
- Posts
- 3,428
Axos Bank.
The biggest Disadvantage: They truly suck from a UI/UX experience, both on the web and the mobile app. Outbound wires are a hassle. If you need to verify or clarify things or get your account unlocked, or send a wire, they have stupidly high security. If you are traveling regularly, just make sure that you tell them up-front, otherwise you'll get locked out and unlocking is annoying. (Not that anyone uses paper checks that often, but it takes a full 5 business days for checks to clear for use in your account.)
Their Biggest Advantage: They love brokers. There's also no monthly fees for the account, and free inbound wires. You can also send up to $10,000/day direct ACH outbound for free.
A lot of brokers have two accounts at two banks, just in case.
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