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Originally Posted by jeffmem
Just a reminder out there to the people who want to sign up for a Redneck account, keep in mind they have a limit of how much you can put in or take out which is 2500 a day. Unless you go through your bank using like a billpay or something, but getting it back out some banks won't help you, or you have to have them cut you a check. I am finding this limit highly annoying, but.... up until this point, they have no interest in changing it.
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I just opened an account w/ them last month, and thought the same thing, but the limit isn't per day; it's per transfer. I wanted to deposit $10K, and I simply made 4 different deposits (all on the same day).
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And wow shorebank has disappointed. I had money with them from April until just this month when they dropped their rates... And now you say at 1.09, that is terrible... Don't know what happend to them.
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Shore Bank's failings is why I opened the Redneck account...