Primary Account, or Checking Account?

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Primary Account, or Checking Account?

Post by Dave » Thu, 08 Jul 1999 04:00:00


I realize that the topic of ATMs has been done to death, but I've read all the
messages here, *and* in dejanews, and I'm still not clear on one concept.

European ATMs only access your "Primary" account.   That much I understand,
and the consensus seems to be that that is the case.

However, some posts indicate that for things to work, you MUST have a checking
account as your Primary Account.  
Yet, " Fitz-Gerald Mob " indicates that the only card that worked for him was
his daughter's card, which was linked to a _Savings_ account.

Is there any consensus possible about which of the above two statements is correct?

Personally, I have one card, with 2 accounts on it.  Not sure which is
'Primary' yet.  In a perfect world, I'd rather have the Savings Account as the
Primary account (as there are withdrawal fees on the Checking account after
the first two in every month), but not if that mean that the card won't work
at all if it's set up that way!

(I suppose the solution is to make sure that there's lot's of money in *both*
accounts, and take my chances as to which one I end up accessing, assuming the
card works at all should the Savings account be the "Primary" account.

--

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Primary Account, or Checking Account?

Post by Plastic Princes » Thu, 08 Jul 1999 04:00:00


What's a checking account? Just kidding. We don't have
checks in Finland anymore, everything is paid by cash or
debit/credit card. I think this would be something to
discuss with your bank.

**** Posted from RemarQ - http://www.remarq.com - Discussions Start Here (tm) ****

 
 
 

Primary Account, or Checking Account?

Post by Stanley Horwi » Fri, 09 Jul 1999 04:00:00



> I realize that the topic of ATMs has been done to death, but I've read all the
> messages here, *and* in dejanews, and I'm still not clear on one concept.

> European ATMs only access your "Primary" account.   That much I understand,
> and the consensus seems to be that that is the case.

> However, some posts indicate that for things to work, you MUST have a checking
> account as your Primary Account.  
> Yet, " Fitz-Gerald Mob " indicates that the only card that worked for him was
> his daughter's card, which was linked to a _Savings_ account.

> Is there any consensus possible about which of the above two statements is
> correct?

> Personally, I have one card, with 2 accounts on it.  Not sure which is
> 'Primary' yet.  In a perfect world, I'd rather have the Savings Account as the
> Primary account (as there are withdrawal fees on the Checking account after
> the first two in every month), but not if that mean that the card won't work
> at all if it's set up that way!

Contact your bank to check which account is considered the primary account
on your ATM card. For my ATM card, its my checking account. Oh, also make
sure your ATM card's PIN is four digits long and does not start with a zero.
 
 
 

Primary Account, or Checking Account?

Post by Dave » Fri, 09 Jul 1999 04:00:00




> > I realize that the topic of ATMs has been done to death, but I've read all the
> > messages here, *and* in dejanews, and I'm still not clear on one concept.

> > European ATMs only access your "Primary" account.   That much I understand,
> > and the consensus seems to be that that is the case.

> > However, some posts indicate that for things to work, you MUST have a checking
> > account as your Primary Account.
> > Yet, " Fitz-Gerald Mob " indicates that the only card that worked for him was
> > his daughter's card, which was linked to a _Savings_ account.

> > Is there any consensus possible about which of the above two statements is
> > correct?

> > Personally, I have one card, with 2 accounts on it.  Not sure which is
> > 'Primary' yet.  In a perfect world, I'd rather have the Savings Account as the
> > Primary account (as there are withdrawal fees on the Checking account after
> > the first two in every month), but not if that mean that the card won't work
> > at all if it's set up that way!
> Contact your bank to check which account is considered the primary account
> on your ATM card. For my ATM card, its my checking account.

Yes, that's on the 'to do' list.  However, as I mentioned, ideally I'd like
the Savings account to become the primary account, but not if that renders the
card useless!

Quote:> Oh, also make
> sure your ATM card's PIN is four digits long and does not start with a zero.

Also on the to do list.  Some of our newer ATMs allow you to change the PIN
right at the machine.  Didn't know about the leading zero; thanks for the tip.

--

Happiness is a fresh TripTik.

Warning:  Address has been modified.

 
 
 

Primary Account, or Checking Account?

Post by Robert Buxba » Fri, 09 Jul 1999 04:00:00




>I realize that the topic of ATMs has been done to death, but I've read all the
>messages here, *and* in dejanews, and I'm still not clear on one concept.

>European ATMs only access your "Primary" account.   That much I understand,
>and the consensus seems to be that that is the case.

>However, some posts indicate that for things to work, you MUST have a checking
>account as your Primary Account.  
>Yet, " Fitz-Gerald Mob " indicates that the only card that worked for him was
>his daughter's card, which was linked to a _Savings_ account.

>Is there any consensus possible about which of the above two statements

is correct?

If nothing else, realize that much of the information posted in the
newsgroup about bank accounts, credit cards, and the like, is country or
origin specific. It may also be bank specific.

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