Free checking is never free no matter what they tell you.
Is it just me, or are there more and more fees to use a bank? Example: I go to my bank and want to deposit 2 checks and make a withdrawl. I was charged a $2 teller service fee. I complained. I was told to use the ATM. The ATM outside that branch was out of order. That’s why I came in. Now if I went to an ATM that is not owned by this bank but is part of the “Star Network of ATMs” I will be charged a fee. $2.00 by the owner of said ATM for the use of their ATM and $1.50 by my bank for using an ATM not owned by them. I also noticed a $5 fee showing up on my account the last few months for returning my cancelled checks. I pay most everything with my Visa check card so I hardly ever write a check. I had 1 check in the statement and it cost $5. Now there’s also a fee now to get a monthly statement $1.50 … I was told I can check my balance online and have my statements emailed to me for free. And don’t get me started on overdraft charges. Recently I had $375 in my checking account. I wrote 4 checks … one for $25, one for $71 one for $240 and one for $179 … I know that’s more than $375, but my bank is supposed to transfer funds from savings to checking to cover any check automagically. And they did, but they now charge $14 to do that per transaction. All 4 checks cleared the same day. They cleared them in the following order – $179, $25, $240, $71 …. had they cleared them $25, $71, $179 then $240 I would have only had one $14 fee … instead I got hit with 2 fees … All of these fees started showing up about 4 months ago. And it’s really pissing me off! So let’s see, my “totally free checking” cost me $2 for the teller, $7 in fees for 2 ATM transactions, $5 for my returned check (yes one check), $1.50 for the statement and $28 to transfer funds from my savings to my checking. Total fees: $43.50 … so much for free checking!
Does anyone have a bank they can recommend without all these stupid fees?