We are with Capital One but I am planning to switch to small local credit union. I would am tired of the bank trying to fleece me with fees. My son had a charge pending on his account so when he checked his balance it said he had money but when he used the card the charged him $35 a transaction. Ended up costing him over $300 to spend less than $30. Now it is his fault he let his account go negative but that should not mean it is open season from the bank to rape him.
I use mainly ING Direct, which doesn't have those OD fees, (but is probably going to be assimilated into Capital One soon... great while it lasted, though) and Schwab for my personal banking. They're not banking behemoths, but they're not so tiny that they could fold any day, either. I've been happy with them for years.
Bank of America faces outrage over debit card charge
- 30/09/2011 06:27:03 PM
942 Views
I'm so glad I don't bank with them.
- 30/09/2011 07:01:32 PM
543 Views
I just went to TD for my personal acount today...we are still looking for our joint account... *NM*
- 30/09/2011 08:15:57 PM
196 Views
screw all the big banks
- 30/09/2011 07:19:36 PM
491 Views
I agree
- 30/09/2011 11:25:00 PM
563 Views
I love my credit union, so drama free. I would never switch to a bank. *NM*
- 01/10/2011 03:04:39 AM
236 Views
Yeah, do more of what made folks mad enough to pass a federal law and kill your stock price. 
- 30/09/2011 08:35:19 PM
476 Views
- 30/09/2011 08:35:19 PM
476 Views
Hopefully this means no-one will dare do that here, having seen the reaction.
- 30/09/2011 11:11:29 PM
490 Views
Can't believe they're still in business. They are a shame to the human race. *NM*
- 30/09/2011 11:26:32 PM
211 Views
You mean BoA, not banks in general, right? 
- 01/10/2011 02:41:36 AM
605 Views
- 01/10/2011 02:41:36 AM
605 Views
Maintaining a modest sum of money in checking/savings/CDs obviates this charge and most others
- 01/10/2011 02:02:51 AM
538 Views
Hm?
- 01/10/2011 02:12:41 AM
481 Views
Right. It's not an issue if the combined total meets BoAs requirement.
- 01/10/2011 02:33:15 AM
645 Views
The bank may have the right to protect itself from losing money
- 01/10/2011 03:15:52 AM
559 Views
Yes, but griping about pains arising from symptoms does nothing to cure the disease.
- 01/10/2011 03:25:29 AM
546 Views
I'm still right. 
*NM*
- 01/10/2011 04:23:06 AM
201 Views
*NM*
- 01/10/2011 04:23:06 AM
201 Views
As long as account holders indefinitely surrender enough of their money for the bank to invest?
- 01/10/2011 02:35:49 AM
469 Views
No. I mean BoA doesn't want to have clients who cost money rather than make money for the bank.
- 01/10/2011 02:57:20 AM
539 Views
Well, charging people $5/month to use their own money will not accomplish that goal.
- 01/10/2011 03:24:07 AM
491 Views
Sure it will. They'll pay the fees or they'll leave. Either way BoA wins on that front.
- 01/10/2011 03:31:23 AM
596 Views
I suppose, if turning the departure of account holders into a stampede counts as "winning."
- 01/10/2011 04:18:11 AM
565 Views
If it's limited to the targeted account holders, the unprofitable ones, then it is winning.
- 01/10/2011 04:53:20 AM
552 Views
But the targeting is determined by how much money account holders semi-permanently loan banks.
- 01/10/2011 05:49:57 AM
613 Views
Love my credit union, I would never use a bank if I absolutely didn't have too. Go CUs! 
*NM*
- 01/10/2011 03:06:21 AM
204 Views
*NM*
- 01/10/2011 03:06:21 AM
204 Views