QFT. I hope BofA collapses under the weight of its own stupid.Who was stupid enough to be with them anyway?
That's the better question.Who was stupid enough to be with them anyway?
I will be the 39th person in this thread to agree with this.Who was stupid enough to be with them anyway?
So basically if you have a mortgage with them, your exempt. If you have your IRA with them, you're exempt. I'm guessing that just like the checking account fees, it's primarily going to fall on the poorer Americans (including college students) who don't have IRAs, mortgages, etc. For example, with WF I'm able to avoid all fees just by having an auto-transfer every month from checking into savings. I can immediately transfer it back (or set up a monthly transfer the day after), but it's little things like that that enable the banks to avoid charging their best customers (who would probably walk at the idea of paying $60/year just to use a debit card).BofA said its customers could avoid the new debit card fees much the way they can avoid maintenance fees on checking accounts. They would need to have, for instance, a BofA mortgage or a combined $20,000 in all their accounts at the bank and at Merrill Lynch & Co., its Wall Street investment unit.
That happened to me a number of years ago as well. $100- Then they tried to charge me for an overdraft, which I fought and won, but my $100- was gone. I was pretty broke at the time and so I went back to the bank I had as a kid. Been very happy there ever since.the problem i had with bofa is i would sometimes have money missing. like up to 200 dollars one time. i dont know what happened, i complained and they couldnt figure it out either. i also have a friend who had a similar thing happen to him except he only lost 70 bucks. needless to say im very please with chase
thats EXACTLY what i did haha. i was only working a 12 dollar an hour job at the time. i couldnt afford to lose 200 dollars. i had wamu as a kid so i went back to chase. i love chase. they rock. when i get back to the states im gonna join a credit union i thinkThat happened to me a number of years ago as well. $100- Then they tried to charge me for an overdraft, which I fought and won, but my $100- was gone. I was pretty broke at the time and so I went back to the bank I had as a kid. Been very happy there ever since.
This.
USAA FTMFW.
People who aren't rich enough to qualify for a credit card? A huge part of the US population has no credit or bad credit or even bank accounts(so we can't be liend by governments). We have to start with "secured" cards which require money down. Lots of money, like $250 or $500. That is half a months pay for an average full-time adjunct communitycollege teacher ferchrissakes!Who uses debit cards any more when there are credit cards giving 5% back?
Some of us white people can afford (justify?) spending $1,000+ on a bike *because*we don't spend $5/month on things like frivolous banking fees (or Netflix, or cable, or...).white people...spend 1k-6k on a bike......but 5 bucks a month is a deal breaker.
Some of us white people can afford (justify?) spending $1,000+ on a bike *because*we don't spend $5/month on things like frivolous banking fees (or Netflix, or cable, or...).
Besides, why spend $60/year if you don't have to? There are plenty of smaller banks and credit unions that don't charge you a fee to use your debit card.
This! Plus my retirement pay comes in one day earlier than it does with any other bank. I love getting paid on the 31st instead of the 1st.
USAA FTMFW.
Absolutely! EVERY penny counts. And I would rather not give my money away no matter how small the amount. If 5 bucks is no big deal to you then send it to me. But my hard earned cash is important to me, every freaking cent.white people...spend 1k-6k on a bike......but 5 bucks a month is a deal breaker.
not a bank of america customer....BofA is hoping that there's far more customers like stevew, and far fewer customers like you and me...
no....you'd just use it to buy some sh!tty weed.If 5 bucks is no big deal to you then send it to me.
We bailed them out to the tune of billions, now they need a debit card fee? I closed my account yesterdayif $5 breaks your budget, then you have worse things to worry about....but i guess its the point right?