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sowhat4 t1_ja4s4of wrote

Reply to comment by Stock-Freedom in Has anyone opened a HYSA with American Express? by bangbangdukegang

They offer *free wire fees, but the actual execution of the wire is tedious and requires at least three business days. If you use Ally Bank, there's a $20 wire fee but that sucker goes out when you want it to go out. Plus, you don't have to call them to send it.

(*I had them for about a year and dropped them because of the clumsy performance of the wire.)

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Stock-Freedom t1_ja4sj6w wrote

I mean who needs to wire money though? That’s not a normal thing.

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sowhat4 t1_ja57q2h wrote

Me, I guess as I was saving up money to buy a property for cash. I will also need to wire some money to pay for an EV - if the damn thing ever gets built.

Where I live, checks tend to disappear if they are mailed and there are dollar limits to Venmo and Zelle.

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