Today I still sit seething as I go over my frustrating day spent trying to get the answer to a simple question from TD Bank. The question? "Why are you taking $4.00 a month out of my savings & checking accounts and calling it a "maintenance fee". What are you maintaining? You are taking my hard-earned money and keeping it for yourself. Because I am too poor to maintain a $250 balance? Does that make sense? You are taking my money, that you did not earn and pocketing it. Their answer? "It's our policy: They simply repeated it over and over like a mantra.
My savings account earns between 2 & 3 cents a month and they take $4.00. People who maintain a balance between $250 & $2,000 are charged no "maintenance Fees" Try to figure that one out. The poorer you are, the more fees you are charged. If it is truly a "maintenance fee" it should be across the board not just for people with less money. Call it what it is : it is a Penalty Fee for not having enough money
I work in the mental health field. We work with the Homeless & indigent. The people with the least. The federal government gives them a check for $10 every month.To cover things like toothpaste or a pair of socks. Things not covered by food stamps. Most have no bank accounts. TD Bank will cash that $10 check: for a non bank fee of $5.
What kind of system is this. I have banked at TD for 30 years, through all their various incarnations. I am angry and stupefied. I just bought 5 boxes of checks last month. Can I afford to lose the $60 I paid for them? I may have to.
TD Bank is not a bank I would recommend to anyone.
How dare Mitt Romney say that Corporations are people. If so they are people with no souls.
I will reblog this post daily....into perpetuity so that as many people as humanly possible can read it. By the way TD Bank gave me back $9 in fees, which next month they will take back $4........