BofA Fees
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- randommail0
The silver lining:
I now have a good reason to get a money clip. Perhaps I can find something vintage from the 60s.
- kirshar120
Just read in one of those articles above that Regions will be doing this next month too evidently........it sucks that I just moved to them, guess I'd better start looking around again........
- Damn, that sucks. I was thinking about switching to them since they have a hub here in Nashville.dMullins
- zaq0
I am switching to this once it's out https://banksimple.com/
- dMullins0
1. Banks get bailed out.
2. Government puts new regulation in place, putting caps on overdraft fees, etc.
3. ???
4. Bank profits from $5 a month charge for using a service you have already had since day one.
- NegativeSpace0
That is annoying. It sucks how much money you can spend to use your own money, I guess we will now pat the price of convenience. I wonder if this will have any affect on the stats they get from purchasing habits if people return to using cash? I know the last time my bank called me about a "fraud protection" company, after some serious digging I found out that the service was being offered by an outside company that worked for them, which upon further research turned out to be a marketing company. You can be sure my financial and personal security was not their top priority. This seems like a retarded thing to do.
- randommail0
I don't use BofA, but another big one that's probably just as bad and will follow in their footsteps.
I've been thinking of moving to the local bank that's literally 2 blocks from my house. Just need a basic low fee checking account. And just go old school cash from now on. No more BS needed.
- iheartfun0
Back to writing checks I guess.... Hahaha
- dMullins0
@iheartfun: I guess you were right — http://www.nytimes.com/2011/09/3… I hadn't read anything about other banks doing this too. For shame!
- Tis ok. ITS SUCKS ROYALLY cause I use them too.iheartfun
- dMullins0
^ BofA's fee will apply regardless of HOW you use (credit vs. debit). The minute you swipe your card anywhere, tack on an extra $5 that month.
- iheartfun0
Yea they are it was in another article that yahoo wrote when they first announced it. I believe suntrust was one and there was another mentioned as well
- dMullins0
How can they fall in line with what every other bank is doing when no other banks are doing this?