Moving Beyond Chase..what National Banks work well in the new World with Quicken?

jcoley2

After 32 years with Chase, I am finally fed up with them and will be establishing a new banking relationship that is "Quicken Friendly".  

I want a National Bank (since I live both in FL and CT) that I can enter check payments in the Quicken register and connect to the bank to issue the check (i.e., the same exact relationship I had with Chase until this past month before they broke the connection.)

I think I read that BofA is also following the same strategy as Chase, sadly, so I am nothing going to use them.

Any National Banks (Citi, Wells, etc.) that current Quicken users are paying their bills directly from the check register without having to use Quicken Bill Manager?

Thanks in advance for recommendations.  

UKR

I think, by changing banks you'll only jump from the frying pan into the fire. Eventually all banks which still support Direct Connect and Online Bill Pay will convert and leave you, once again, standing in the dark.

If you wish to continue paying by paper check mailed to the biller: The Check Pay feature in Quicken is still available and works with any bank where you can have a checking account. Checks are printed by a service provider and mailed to the biller. Please note that this service is limited in volume and not free of charges. Schedule payment early to allow for time to print and mail the check and for the biller to process it prior to due date.

An alternative to that might be using the bill pay services which are offered directly by the bank thru their website. You set up and make payment from the bank's website. In parallel to that at the same time, you record a transaction in Quicken or use a Scheduled Reminder to do so.

Yet another alternative is to go to the biller's website (e.g., telephone company, credit card company, etc.) and authorize them to directly debit this and all future payments from your checking account on due date. The biller will do all the work for you to collect the money on time. If you authorize automatic payments every month, then this is a one-time action for you. Set it up and done. In parallel to that every time a bill is due, you record a transaction in Quicken or use a Scheduled Reminder to do so.