GE Retail Bank... (rate, deposit, credit, accounts)

[mdmagana]

I use Ally right now, but was thinking of setting up a CD or Savings account with GE Retail Bank. Has anyone used them for anything? Any thoughts?

[cb73]

There's no reviews for them over on the Deposit Accounts site. But if you look around for reviews, be aware there's two banks--GE Capital Retail Bank, and GE Capital Bank.

According to their website, GE Capital Retail Bank savings rate of .85 is only available for an account over $25,000.

[Chava61]

I just got an Amazon store card that is with GE Retail Bank. It was first that I have heard of this bank. But if Amazon is using it I assume it is okay.

[Blackbeauty212]

It's hierarchy goes General Electric > GE Capital > GE Capital Retail Bank... Why GE ever got into Loans, Credit and Banking is beyond me.