NerdBlog

So anyways, I started playing this new game Benign Online : Tales of Taridia. Its not bad. Its free, its 2d like old school Final Fantasies, and its multiplayer and everyone online is very nice, and helpful.

To download a copy and start playing today, go to http://www.benignrpg.com

I decided that Redneck Bank was worthy of a review.

When I setup my Redneck bank account, I was taken to a 3rd party application (Redneck bank apparently does not have their own online banking software, I cannot confirm this, but every URL on their site is something different than Redneckbank.com) I filled out the form, and was awaiting the Trial deposits before the initial deposit was sent.

I verified the initial deposit, and waited around 5 days with no information sent, and could not login. I called, they said they were overwhelmed with applications and I would be online Monday (it was Friday). I waited, and did receive information to login on Monday.

I signed up for their Mega Money market savings (paying 3.10% at the time). I went to their cheesy online interface, and filled out the information, selected savings, and it repeatedly rejected my information… I called again… the lady said “You have to selecte Checking, not Savings” I was thinking why the heck do I pick that???? I didnt select checking in any way shape or form, and the application did not mention Checking… but whatever. I selected Checking, and it allowed me in…

It allowed me into the worst online banking system I had ever seen in my entire life. It was very cheesy, and very flawed. I clicked one link, and it logged me out and gave an error message about the session timing out… whatever.. I logged back in… I was trying to setup my external accounts, and no where on the page was there anything remotely close to mentioning that. I called…. YET again… this time I spoke with a very rude lady who made it sound like it was MY responsibility to know to click on “Setup merchant and recurring deposits” yea… like that sounds like “Setup external account”.

Whatever… I tried adding it in, but that was the worst interface ever, and just decided to use GMAC’s bank to setup the auto deposits. So, I called AGAAAAAAAAAIN because there was no way to get the routing number… I got the routing number, set it up in GMAC Bank, and sent a transfer over. (GMAC Bank places the funds in my other external accounts within 2 days)… The funds never appeared in Redneck for over 5 days!!!!!!!!!!!! (I was setting this up because I wanted the most out of my money, I was going to bounce funds back and forth to whoever paid the most at the time)

Finally on day 6, it showed the funds in my account. Great I thought…

Then, I get an email from Redneck Bank saying that due to the overwhelming response they received, they were lowering their rate from 3.10% to 2.00%… I was in shock… I was so pissed off I was freaking… I sent them a private email from their secure online banking section telling them I was taking every cent out and to close the account…

So I had to wait another 6 days for the funds to get back into my GMAC Bank account, and guess what… to this day (Around 4 weeks later) I have NOT gotten a response to the email I sent… (Some customer service)

So if you are thinking about Redneck, think again… they also run a bunch of satelite banks which is kind of scary in itself, I would NEVER consider this bank… EVER, take your money somewhere else… they also have AmericaNetBank and one other one… they all have the same footer, say beware, I wouldnt not put your money in here unless you want a huge headache…

Rating: 0/10

I wanted to make a post about a review for GMAC/Ally Bank since I think it is worthy of one.

I originally opened my account with GMAC Bank about 5 months ago. The online process was very simple, you needed to fill out all of the basics like Address, Name, SSN, and your initial deposit account (unless you live in the stone age where you will be mailing deposits in).

They do an initial credit check to make sure you are a real person, so if you do not have a credit history, you probably will get rejected (This is based on other reviews I have read online, where the writer gave a negative review based on that one simple fact). I completely agree with the check, they want to make sure you are real, to protect both the bank, and you.

So my account was approved and online within 15 minutes.

GMACs system was very easy to use, as is Ally Bank (after all it is the same company and the same software).

The transition between GMAC Bank to Ally Bank was 100% seemless, I received multiple notifications via snail-mail about an upcoming change, and then a welcome letter from Ally Bank.

I have had not 1 single problem since signing up, I have tested the phone support, which was responsive and answered my question immediately (I was curious about the date interest is credited to the account, the answer is the 21st at 12pm)

Interest is compounded daily (it takes interest which is accrued and compounds that onto the total, while it may not mean much for a small depositor, it can add up over time for larger depositors, and well, your basically getting the most interest possible unless you are compounded by the minute or second (which you will never find))

Setting up external accounts is easy as pie. You need your bank’s routing number, and account number, and you need to find out the trial deposits to verify that the correct bank information has been entered.

So overall I would have to score Ally bank 10 out of 10 for overall. Since I have not had a negative situation arise in 5 months, I cannot say anything other than that. I have a recurring weekly deposit set, I have added multiple external accounts, have withdrew money from the account, and have deposited over $1000 in one transfer with no problems.

You can also setup for CDs as well as multiple savings accounts (so you can have christmas accounts, college accounts, general savings, home, car, or whatever you may need to stay organized)

So give them a try today and have your hard earned money, earn more money for you than your traditional account at your local bank (Ally pays 2.05% as of today, where a local bank can pay as little as .3% or sadly… .01%)

Good luck!