wherein Liz considers her bank accounts
Jan. 21st, 2016 12:56 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
edenfallingOn Wednesday afternoon, I set up internet banking and electronic statements. Now I can check my account balances from home! I will also save $30 a year.
By way of explanation: Last summer my bank started a policy wherein they automatically charge checking accounts a $10.50 maintenance fee each month. If you have regular direct deposits going into the account, you then receive an $8 credit, and if you get electronic statements rather than paper statements, you receive a $2.50 credit. In other words, being unemployed costs $8 a month and getting paper statements costs $2.50 a month. The former is not entirely under my control, but I could fix the latter and finally remembered to do so.
...
I should probably visit a proper branch office in person and ask a few question about my checking account at some point, because it's officially considered 'student checking' and while that was reasonable when I created the account, I haven't been a full-time student in over a decade. I suspect there may be other account types with less irritating rules.
By way of explanation: Last summer my bank started a policy wherein they automatically charge checking accounts a $10.50 maintenance fee each month. If you have regular direct deposits going into the account, you then receive an $8 credit, and if you get electronic statements rather than paper statements, you receive a $2.50 credit. In other words, being unemployed costs $8 a month and getting paper statements costs $2.50 a month. The former is not entirely under my control, but I could fix the latter and finally remembered to do so.
...
I should probably visit a proper branch office in person and ask a few question about my checking account at some point, because it's officially considered 'student checking' and while that was reasonable when I created the account, I haven't been a full-time student in over a decade. I suspect there may be other account types with less irritating rules.
