I think I found the best banking plan for poker players who play online and in the US - TD Borderless Plan:
- unlimited U$ withdrawals, transfers & personalized cheques
- preferred exchange rates on transactions up to U$25,000
- free U$ Travellers Cheques
- U$4.95 monthly fee waived with U$3000 minimum balance
- TD U$ Visa Card with annual fee waived: can be used to deposit to poker sites; free travel-related insurance benefits. The WSOP is only 75 days away!
I'm hoping that it can be linked to INSTADEBIT so U$ can be easily deposited and withdrawn from sites such as Full Tilt Poker.
I just went through the process of looking at credit cards and came up with..
The Candian Tire Options Mastercard for gas because you always get the maximum multiplier (between 6x-10x) which lands up being about a 4%-5% rewards
Moneyf**kers gave me nothing but barrier upon barrier, so I gave up and used bank wire transfer to withdraw U$ from a site to TD Borderless Plan. I withdrew from the site on March 23, which charged me $10. TD credited my U$ chequing account only two days later and charged me $10. The total fee is less than 0.3% of what I withdrew, which is much cheaper than INSTADEBIT's currency conversion premium. This is what I would recommend to a friend.
1) Open a U$ chequing account, such as TD Borderless Plan (if you have U$3K).
2) Open a Moneybookers U$ account for money transfers, using a friend as the referral and to make the initial deposit.
3) Bank wire transfer is the best method to withdraw a large amount.
If you already have a USD$ Chequing account and say an interactive brokers account (trading) you can actually save most of the conversion fee by going into the forex CAD/USD market and just executing the trade yourself.
IB supports holding indiviual currencies and can send $USD to your USD Account via EFT and they charge like $1 in fees for the trade.
Kristy, I can't believe that you are finally making a great point! You should buy a lottery ticket or something while you are running good. =D
There is no piece of scum lower than the compulsive cheap skate. For starters there isn't a single one of them than tips for shit and I end up paying for half of their portion of a proper tip when we dutch on dinner.
I have seen lots of retards that spend $40 in gas to drive an hour and half so they can buy an item for a $25 savings. It is great when they brag to me about it because I love nothing more than to point out their -EV mistake.
Personally, I put a value on my time. Say you make $50K/year then your time is worth about $25 bucks an hour. Any time you spend an hour to save less than $25 bucks IS A WASTE OF YOUR FUCKING TIME.
To all you life nits. Get a life and create something, make something, enjoy something, give something and for christ sake STOP whittling every god damn cent off of every dollar you spend. You are embarrassing yourself, your family and your friends.
While I agree with you Caddie, I have a quibble (I know, quelle surprise). Over at Freakonomics they use the formula of your time being worth 1/3 you salary, so 50k would translate into your time being worth about $8.75 an hour, strictly for the time.
Milo. The value that you place on free time is subjective. Your answer is going to be different than mine. If you want to use 33% then rock your socks off.
My feeling (especially at this point in my life) is that ALL of my time has equal value. The time that I have to spend my family is equally important in value to the time spent working. My life is about way more than Money.
Also, when I am at work I am a professional. I put effort into what I do and am constantly looking for opportunities in the market and to improve my skills. As a professional I feel that my ability to create $$$ is exponentially bigger that my ability to plug the leaks in my spending.
For example: If I take 4 hours surfing the interwebs and and hour on the phone finding $50 in savings on my credit card I have wasted my time. In 5 working hours I can easily expect to create $100's to $1000's in revenue.
Comments
It was bound to happen sooner or later.
wat?
- unlimited U$ withdrawals, transfers & personalized cheques
- preferred exchange rates on transactions up to U$25,000
- free U$ Travellers Cheques
- U$4.95 monthly fee waived with U$3000 minimum balance
- TD U$ Visa Card with annual fee waived: can be used to deposit to poker sites; free travel-related insurance benefits. The WSOP is only 75 days away!
I'm hoping that it can be linked to INSTADEBIT so U$ can be easily deposited and withdrawn from sites such as Full Tilt Poker.
1) Open a U$ chequing account, such as TD Borderless Plan (if you have U$3K).
2) Open a Moneybookers U$ account for money transfers, using a friend as the referral and to make the initial deposit.
3) Bank wire transfer is the best method to withdraw a large amount.
IB supports holding indiviual currencies and can send $USD to your USD Account via EFT and they charge like $1 in fees for the trade.
While I agree with you Caddie, I have a quibble (I know, quelle surprise). Over at Freakonomics they use the formula of your time being worth 1/3 you salary, so 50k would translate into your time being worth about $8.75 an hour, strictly for the time.
My feeling (especially at this point in my life) is that ALL of my time has equal value. The time that I have to spend my family is equally important in value to the time spent working. My life is about way more than Money.
Also, when I am at work I am a professional. I put effort into what I do and am constantly looking for opportunities in the market and to improve my skills. As a professional I feel that my ability to create $$$ is exponentially bigger that my ability to plug the leaks in my spending.
For example: If I take 4 hours surfing the interwebs and and hour on the phone finding $50 in savings on my credit card I have wasted my time. In 5 working hours I can easily expect to create $100's to $1000's in revenue.