NetBank

Pros: There is nothing good about this sorry excuse of a business.
Cons: All of it

I was lured in to opening an account from them because I liked the idea of doing all my banking onli ...

Pros: High interest rates.
Cons: Dysfunctional website, mediocre to poor customer service.

Even applying for an account can be difficult at Netbank. I used their online form to apply for a new checking account, but after completing all of the information requested, I was given a message that "my phone number and social security number did no ...

Pros: NONE
Cons: Horrible, incompotent, rude customer service. Long response time. Too many loops.

You got to be outta your mind to bank with Netbank. Well, I was. I signed up to get the $50 dollar bonus, well, there is no free lunch. I have repayed that back mulitple times in the terms of the time I wasted and the anguish it has caused me. I f ...

Pros: Customer service is friendly, overall
Cons: Doesn't work with paypal, may not work with your external bank,frustrating experience overall

I wanted a bank account that was separate for my new small business. Something easy to use, with free checking, no fees. Something I could use with Paypal and to wire transfer funds from other external banks. What I got was Netbank. I picked the ...

Pros: Great services not offered by traditional banks
Cons: Deposits sent to online banks take longer to show up in your account

I happened to stumble across NetBank's website and read what they had to offer. It sounded too good to be true, but I decided to give it a try anyway. Today, traditional banking seems to be more and more impersonal no matter where you go. Since this...

Pros: Easy to use and easy to sign up
Cons: Eleven day holds on large deposits and very poor customer service

I started using NetBank for I wanted online banking and bill paying. At first all was well and we used the account very little. We then closed down our local account and started making large deposits into NetBank. They took a few days to make deposits...

Pros: Web based convenience, low fees
Cons: questionable business practices, long check clearing periods, inflexible and dispassionate customer service

Netbank's services are typical of many online banks, though it is the absence of fees that atypically draws customers to it's "doors." In my time with Netbank I have been forced to wait long periods (up to three weeks) for my funds to become available...

Pros: Free checking account is available
Cons: Very slow, incompetent, very poor privacy policy, and manipulative opt-out policy.

I decided to open a Netbank account because I wanted an account that I could use to somewhat securely accept bank transfers. I was in a bit of a rush and was disappointed to find that it took 48 hours to set up. I've seen lots of complaints about ...

Pros: Web page is easy to use
Cons: poor customer service, difficult to make deposit, many charges and limitations on account use

I opened an account with Netbank because they advertised free bill pay, higher interest rates and easy ways to make deposits. First, the charges that have been assessed against my account due to difficulties in making deposits more than offset the higher...

Pros: high interest rate paid, low minimums to avoid fees. Customer service answers phone quickly.
Cons: Even as a long-term, good standing customer they will NOT refund fees.

I've been with NetBank for years, have had a few accounts with them as well as CD's. I opened a second money market account and transferred in $100 from another NetBank account to wait for some funds to come in to actually fund the account. I received a...

Pros: None.
Cons: Questionable business practices, hidden fees, poor customer service, questionable security and THEFT!

I was a Netbank customer for a little over a year and all was well until I began noticing discrepancies on my statements. Upon investigating, I found that my account was being charged a $5.00 bill pay inactivity fee, which in all totaled $30.00 and...

Pros: High interest rates; ATM deposits(!), good customer support via phone.
Cons: Standard LONG wait times for deposits in first month.

This is my second internet bank. I am using Netbank as a savings account as its interest rate is higher than internet other bank and my local bank. I am awaiting my $50 bonus deposit at the end of my 30 days. My SAVINGS account was established...

Pros: Nice online banking web site. Low/No minimum deposits, unlimited bill pay. 4 star fiscal rating.
Cons: ATM charges, much lower rates than other online banks.

DATE 9/23/01: Netbank.com is doing a lot of advertising lately, but don't be fooled into thinking they offer the best features and rates. Look at their interest checking. It only has about a 3% interest rate, and the following features:

++No...

Pros: Not sure
Cons: Quick to charge fees... Poorly done website and nothing is done in real time.

My netbank experience... I signed up for a netbank account, setup bill payment payees, sent in my initial deposit and waited patiently. The day my deposit arrived I went to the bill pay screen to make immediate (that day) payments. I made 7 payments and...

Pros: Good website Good online services
Cons: Poor Customer Service Inflexible

Up until the past 4 months, I have been a supporter of Netbank - their no-fee, interest bearing checking account combined with online access, and support of MS Money was exactly what I was looking for when I originally opened the account over 2 years...