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Bank customers can expect new fees for using ATMs, talking to tellers, transferring money [View All]

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Newsjock Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-12-11 10:53 PM
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Bank customers can expect new fees for using ATMs, talking to tellers, transferring money
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Source: Cleveland Plain Dealer

... Consumers nationwide this year can expect a slew of new bank fees, ranging from charges to talk to a teller, use an ATM or transfer money between accounts.

Fees like these are on the rise this year as banks nationwide grapple with how to recover billions of dollars in lost revenue now that they can't make as much from overdrafts fees, credit card interest a nd debit card usage fees as they once did.

... Citibank, for example, charges a $30 monthly checking fee for customers who don't have a combined average balance of $50,000 for all deposit or retirement accounts, or $100,000 in deposit, credit, investment and retirement accounts or a $250,000 Citi mortgage. A customer can choose a different checking account with lower requirements, but will have to pay an annual fee for a debit card.

Most banks that are increasing minimum balances aren't going that high - typically $2,000 to $6,000.

Read more: http://www.cleveland.com/business/index.ssf/2011/04/ban...
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  -Bank customers can expect new fees for using ATMs, talking to tellers, transferring money Newsjock  Apr-12-11 10:53 PM   #0 
  - Remember when those fuckers paid us interest?  TransitJohn   Apr-12-11 10:55 PM   #1 
  - Do you remember Christmas Club Savings Accts from the 70s?  leftstreet   Apr-12-11 11:11 PM   #6 
     - Yes, but I also remember that they didn't pay interest  starroute   Apr-13-11 12:08 AM   #15 
  - Reality is that ATMs save the banks money that should be passed onto consumers.  Bonobo   Apr-12-11 10:55 PM   #2 
  - Yep.  cliffordu   Apr-12-11 11:20 PM   #9 
  - sorry but I don't use those kinds of banks :-) nt  msongs   Apr-12-11 11:03 PM   #3 
  - Predatory Banking!  Newest Reality   Apr-12-11 11:06 PM   #4 
  - "Uh, how about 'What is Fuck Those Banks, I Have A Mattress', Alex?"  Poll_Blind   Apr-12-11 11:11 PM   #5 
  - I'll take the rapists for 200 alex.  Tunkamerica   Apr-12-11 11:18 PM   #7 
     - Anal bum cover.  Edweird   Apr-13-11 05:20 AM   #18 
  - Gotta keep up those bonuses.  aquart   Apr-12-11 11:18 PM   #8 
  - Only if people accept the fees  Rage for Order   Apr-12-11 11:21 PM   #10 
  - Then people will just cancel their checking accounts and move it elsewhere. n/t  BzaDem   Apr-12-11 11:23 PM   #11 
  - No they won't! The average U.S. Citizen has the brain of a lizard.  OffWithTheirHeads   Apr-12-11 11:52 PM   #12 
  - Or they'll watch their low balances get eaten up with fees, then they'll close it. nt  Ilsa   Apr-13-11 05:25 AM   #19 
  - Fuck that. Goodluck with that crap.  Rex   Apr-12-11 11:53 PM   #13 
  - Two words.  Lugnut   Apr-12-11 11:59 PM   #14 
  - This will only help the Credit Unions nt  Unrepentant Fenian   Apr-13-11 12:30 AM   #16 
  - Why should I have to pay my bank to hold my money?  JDPriestly   Apr-13-11 01:33 AM   #17 
  - Credit Union, need I say more?  quaker bill   Apr-13-11 05:25 AM   #20 
  - $10.00 fee to use atm (capital one)  indimuse   Apr-13-11 05:33 AM   #21 
 

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