Brooks --
Many thanks for the recap! Should be interesting times ahead.
Off topic -- this morning I mailed away the application to transfer my CKFR / Quicken account over to Intuit Services (also handled by CKFR) -- a VERY simple process, which has the added benefit of being able to setup up to 10 (!) separate checking accounts for electronic payment thru Quicken (so I sent along voided checks from my primary bank (unfortunately, Citi), as well as a check from my Schwab and E-Trade accounts. Fee is the same $9.95/per month I'm paying now. Also has the advantage of allowing me to stay connected to the web to make payments, vs. having to log off and re-dialup thru a CKFR's Compuserve connection.
An interesting point --
The Intuit service is, in my opinion FAR, FAR superior to signing with an individual bank, for reasons I mentioned above, as well as for allowing the individual to be able to control his/her payee list, thereby making the ability to switch banks far more convenient. Maybe this explains why it took me sooo looonng to find the Help section in Quicken to direct me as to how to close my CF account and sign up with Intuit Services. My guess is that, like CKFR, Intuit wants to maintain bank-friendly relationships, and only offer the ISC service to those individuals whose banks don't have their own bill pay service set up.
Regards, RK |
