I have had my savings account for years, but it has only been recently that we have been able to keep any sort of funds in there.
I have had a couple issues with it lately and have leanred, the hard way, that the money can be taken very easily from the bank or govronment. Yes you heard right? I have had withdrawls from my account recently from both and I am not happy about it.My bank was nice enough to now have the option of linking my savings to my checking account. This means if I overdraft the checking then it will auto pull frommy savings to cover it. Nice right? Well, there is a fee, in the small print. It cost me $5 for every transfer to my checking account. I needed it a while back for a small, less then $5 purchase the day before payday. That $5 purchase cost me $10…really?
Second: and the worst!
I decided that I would transfer money as I needed into my checking. This way I could avoid the $5 charge. Seemed easy enough…NOT! It is now a govronment law…if you transfer our of your savings acount MORE then 6 times in one month, you get charged per transaction. It is not a bank charge, it’s a govronment charge. It happened to me twice last month. I called the bank because I was fuming mad to see 2 not so small charges out of my savings, that put me almost negative. When i asked why they said that it is no a govronment rule. It is not the bank that get’s the money, it is the govronmnet…really?
So now I am penalized for transfeering my own money from one bank account to another.
So now if I don’t transfer it and I need ti for overdrafte coverage and I need it say 7 times ina month. I get charged $5 for each transfer plus the 7th times will have another charge on top fo the $5.
Gotta love the govronment. And peole actually want the govronment to control everything? Not me! Aren’t we suppose to be a free country? I pay taxes and now they still want to come and knock on my door and ask for more money.
We may not have the roalty families soldiers coming doo
473 total views, 2 views today