RE:RE:RE:RE:Bidens speechThis has been happening for years. There is no justification whatsoever other than greed. Do the banks offer more services? Do we need more services? On the contrary.
As money become digital ... I find it mindblowing to pay such fees. As less and less people go to the branch, maybe it's time for them to cut footprint and offer digital solutions suitable for today's world.
Chad123 wrote: ckwong wrote:
A thought about those can reduce cost and increase price. Canadian banks come to my mind.
I just got noticed by TD that the account I use in last 30 years will require $6,000 minimum daily balance instead of $2,000 for free transaction. If the balance is below that the transaction fee goes up by 50%.
Got 6 accounts at $30 a month. Banks re-imburse the amount each month because the accounts stay above the threshold however, for those that can't, thats a lot of money for really nothing....