2024 Bank Account and Recommendation Thread : r Banking - Reddit Free basic checking, free online banking, deposit cutoff for ATM and mobile is midnight 24 hour grace for overdrafts, and if you miss the grace period, you don’t get charged as long as it’s less than $50 in the negative Their app is amazing, too Comes with Zelle
Pros and Cons of Sofi : r sofi - Reddit I was with USAA for banking since 2013, but was considering switching banks in mid-2023 There's nothing *wrong* with USAA's banking platform - solid bank, but not much in incentives to stay there Interest rate sucks (like it does with most brick mortars), no great features, etc I checked Ally and then heard about SoFi
Is Investment Banking worth wasting your 20s? : r FinancialCareers - Reddit First, your numbers are way off first year analysts make six figures First year associates can make 400k If you stay in banking straight through your 20s, you can be an MD at 29 (if you’re really good) and hit seven figures The point is that it’s not setting you up to retire and live the good life Lifestyle creep is real
An Honest Opinion: 3 months on SoFi : r sofi - Reddit Used my SoFi cc the entire trip without issue Vaults are amazing The UX is quite nice, my only complaint is no dark mode in Banking, but I’m sure that will trickle in someday I did receive my $250 bonus for setting up dd of 5k+, that was a nice surprise It was deposited exactly 25 days after my dd hit
Best entry-level corporate banking jobs to eventually break . . . - Reddit Investment banking is the Olympics of finance, and you don't even have a single finance internship It's like going straight from the high school pool to swimming with Michael Phelps Do you understand what investment banking is?
Should I switch out of S mode? : r microsoft - Reddit Microsoft employee here whom formally worked at retail stores and sold demo'd this feature S mode will squeeze a little more battery life out of your pc and performance will be slightly optimized
Commercial Banking Salary Progression : r FinancialCareers - Reddit As a data point from my prior BB commercial banking team - analysts will start around the low $70k base range, after 3 years you'll usually hit associate and get to $100-110k base, and VP around 5-7 YOE gets $130-140k base This is MCoL so for NYC SF LA add about 10-20% to those numbers
Anyone heard of My Banking Direct? : r personalfinance - Reddit My Banking Direct is an online financial service of Flagstar Bank, N A My Banking Direct offers a competitive high yield online savings account which ranks in the top 25 highest savings rates on DepositAccounts com All deposits are FDIC-insured up to $250,000
Corporate banking interview questions : r FinancialCareers - Reddit Commercial banking interview will probably focus more on the foundation accounting stuff So brush up on the financial ratios (current ratio, DSCR, etc) and how the 3 financial statements interact relate Don’t sweat it though
Commercial Banking to Corporate Banking how-to? - Reddit Many corp banking analysts I know do the same repetitive shit day in and day out Client exposure: very unlikely a corp banking RM is going to take you out to meet with a Fortune 500 company In commercial banking you're much more likely to get direct customer experience - i can't stress how much this helps you develop as a business professional