<story><title>Google plans to partner with banks to offer checking accounts</title><url>https://www.wsj.com/articles/next-in-googles-quest-for-consumer-dominancebanking-11573644601?mod=rsswn</url></story><parent_chain><item><author>romanovcode</author><text>I just checked what it is. Isn&amp;#x27;t it a bit expensive?&lt;p&gt;$70&amp;#x2F;m for a mobile plan seems ridicilous.</text></item><item><author>dannyr</author><text>I have Google Fi and bought from Google Store. Their customer service has been fantastic.&lt;p&gt;Maybe my experience is one of the few exceptions but I know a bunch of people who also had a great experience with customer support by Google.</text></item><item><author>ckastner</author><text>Given Google&amp;#x27;s reputation for avoiding any type of direct customer support, I&amp;#x27;m perplexed as to why they are trying to do this.&lt;p&gt;It&amp;#x27;s one thing to offer an online product suite without any support, it&amp;#x27;s a completely other thing to offer a product that is as heavily regulated as banking services.&lt;p&gt;They&amp;#x27;re probably not going to earn any significant amount from providing a checking account. I can only assume that they&amp;#x27;re after the transaction data itself (looking for patterns, etc.), but I find it hard to believe that the payoff would be large enough to endure the pain that is the current regulatory environment surrounding banking. Especially when you&amp;#x27;re notorious for avoiding personal interactions.</text></item></parent_chain><comment><author>watwatinthewat</author><text>Everyone I know with it does the $20&amp;#x2F;mo + $10&amp;#x2F;gb plan.&lt;p&gt;If you don&amp;#x27;t use more than a gig or two a month, that&amp;#x27;s close to one of the cheapest plans around. There are some cheaper prepaid plans, though.</text></comment>
<story><title>Google plans to partner with banks to offer checking accounts</title><url>https://www.wsj.com/articles/next-in-googles-quest-for-consumer-dominancebanking-11573644601?mod=rsswn</url></story><parent_chain><item><author>romanovcode</author><text>I just checked what it is. Isn&amp;#x27;t it a bit expensive?&lt;p&gt;$70&amp;#x2F;m for a mobile plan seems ridicilous.</text></item><item><author>dannyr</author><text>I have Google Fi and bought from Google Store. Their customer service has been fantastic.&lt;p&gt;Maybe my experience is one of the few exceptions but I know a bunch of people who also had a great experience with customer support by Google.</text></item><item><author>ckastner</author><text>Given Google&amp;#x27;s reputation for avoiding any type of direct customer support, I&amp;#x27;m perplexed as to why they are trying to do this.&lt;p&gt;It&amp;#x27;s one thing to offer an online product suite without any support, it&amp;#x27;s a completely other thing to offer a product that is as heavily regulated as banking services.&lt;p&gt;They&amp;#x27;re probably not going to earn any significant amount from providing a checking account. I can only assume that they&amp;#x27;re after the transaction data itself (looking for patterns, etc.), but I find it hard to believe that the payoff would be large enough to endure the pain that is the current regulatory environment surrounding banking. Especially when you&amp;#x27;re notorious for avoiding personal interactions.</text></item></parent_chain><comment><author>relaunched</author><text>said no one that lives in the US, ever!&lt;p&gt;It always blows my mind how that whenever you go anywhere in the world, you can get amazing mobile plans (data and call &amp;#x2F; sms) for $10-$30 dollars per month.</text></comment>