Comments on: Everbank Review w. 70+ User Opinions

By: SL

SL — Mon, 06 Feb 2012 18:44:16 +0000

We are looking into EverBank charging unauthorized overdraft fees to its accountholders. If you think EverBank may have charged you with overdraft fees, feel free to send me a message to discuss it.

By: Lee

Lee — Thu, 05 Jan 2012 00:55:02 +0000

I have experienced the same types of customer service issues. They have a great product, but need to work on their service a bit.

By: Denise

Denise — Sun, 01 Jan 2012 02:22:41 +0000

That sounds complicated. I wouldn’t know anything about that.

By: John

John — Sat, 31 Dec 2011 20:00:50 +0000

Van, this is very intriguing, thanks for posting. Have you used Schwab to do this? I don’t see the ability to buy Euros.

By: Denise

Denise — Fri, 30 Dec 2011 02:36:59 +0000

Everbank’s Weiss Rating is a D. I avoid most of their offerings, but do foreign currencies since no one else does this that I know of. If the bank is closed someday, I guess we’ll all have to make do with foreign currency mutual funds.

By: Unhappy Customer

Unhappy Customer — Fri, 30 Dec 2011 01:08:14 +0000

I have been an everbank customer for 5 years. We have had multiple types of accounts. As of this week we will have pulled our last account due to awful customer service and a glitchy website. I can not tell you how many problems I have had with the site. There was a literally two times when I noticed trades I did not initiate in my trading history. These were multiple trades done after hours. When I called they gave me some excuse and adjusted my balances and erased the history. Now I open my account page and it says I have $0 in my IRA. I have had it with this bank. There have been multiple issues of trades not taking place, GTC trades being erased, etc. I was attracted to Everbank because of the ability to hold foreign currencies as well as holding physical gold in an IRA account. However, the mismanagement of funds/website has frightened me away from them for good.

By: Chuck Hughes Trading Systems

Chuck Hughes Trading Systems — Wed, 07 Dec 2011 17:52:08 +0000

Thank you, George. I always wonder if these reviews are paid for. They make it sound so great, but you can’t get all your information from a single review. I’ll continue to look into this.
- Chuck Hughes

By: Van

Van — Sun, 21 Aug 2011 23:34:44 +0000

Denise is wrong on a couple points.

There are other sources for buying foreign currencies. Schwab, E Trade, and EverBank’s brokerage arm will allow you to buy foreign currencies. You don’t have to buy a stock in that currency afterward. There may be other firms that do the same.

By: Les

Les — Fri, 12 Aug 2011 19:00:29 +0000

Everbank is a dubious operation. I’d recommend a better place for your money with bettter management. Check around.

By: Denise Wright

Denise Wright — Fri, 12 Aug 2011 14:55:21 +0000

I read all the complaints. There’s no one else to buy foreign currencies from so you’re stuck with Everbank unless you want a fund- Merk Funds or Franklin Templeton. Foreign banks don’t allow Americans to open off shore accounts anymore.