On 12/27/16 12:44 AM, email@example.com wrote:
Yes and no. The problem in low balance situations where the debit card
is tied to your checking account is that you can get authorization for
it one minute and the next minute a check arrives that you didn't take
into account. The hold from the card means you don't have enough money
to pay the check and it bounces.
In alt.home.repair, on Tue, 27 Dec 2016 07:52:45 -0500, "Kurt V. Ullman"
Yes, that sort of thing. And they arrange it like this intentionally
to get the bounce fee charge. Who knows when the gas station sent the
final charge amount. Maybe it was indeed 10 minutes later, but they
hold off reporting it for two days in order to get bounce check fees.
(Even though I still had 3000 in the account.)
I had/have an account at Bank of America and I was furious when I saw
how they reordered checks that came in on the same day but not at the
same time. They would pay the biggest ones first, maximizing the
number of checks not yet paid when the account was empty, so they could
maximize the number of bounced check fees they could charge. They could
have done the opposite to minimize the number, or they could just pay
them in the order they come in. I consider what they did outright
So I had occasion to open an account at the cowboy bank, Wells Fargo.
And I told them why I didn't like BOA and we laughed about it. A year
later I see in the paper that Wells Fargo was caught doing the same
thing, and they hadn't stopped when BOA was caught. And then a year or
two after that there is WF opening phony accounts so they can make extra
charges! What thieves.
There used to be honor in being a banker, but as a whole, they've ruined
On Tuesday, December 27, 2016 at 6:52:53 AM UTC-6, Kurt V. Ullman wrote:
My debit card has the ability to authorize payment if you don't have
enough cash in your checking account. This is tied to a savings account
but you are charged a 'convenience fee' for this feature which I *think*
Some banks provide overdraft protection at no extra cost on some
accounts. They likely pay a little less interest on your deposit, but
when is the last time you got any reasonable interest on a bank
On 12/27/2016 11:58 PM, firstname.lastname@example.org wrote:
Hey, I made 30 cents on my savings last month. I've ot looked into it
for some time, but in the past you could link accounts and they would do
an automatic transfer from savings to checking for a nominal fee.
In alt.home.repair, on Tue, 27 Dec 2016 16:57:07 -0500, Ed Pawlowski
That's ridiculous. I was going to give a gift certificate for a sports
ticket service once, and they *charged* for the gift certificate. It
was too late for me to get anything else, but I never did that again.
About 30 years ago. Ticketron?
On Tuesday, December 27, 2016 at 4:57:07 PM UTC-5, Ed Pawlowski wrote:
You have to look carefully at all the fees and charges with any of those
gift cards, prepaid debit cards, etc. Like you say, typically they hit
you with an upfront fee right off the bat. Then some charge a monthly
sevice fee of a couple bucks, whether you use it or not. They also
charge for some transactions, eg at ATMs, etc. STore gift cards like
HD, etc typically are good for the full amount and don't charge extra
fees, but I'd be careful looking at them too.
In alt.home.repair, on Tue, 27 Dec 2016 15:03:19 -0800 (PST), trader_4
BabiesRUs seemed to tell me that there were no hidden costs. It was a
present and they probably spent it all the first day, considering how
much babies cost, but I didn't want it sitting in their wallet getting
smaller and smaller.
On Tue, 27 Dec 2016 23:49:16 -0500, email@example.com wrote:
Publix will sell you a $50 Visa card for $40 on a special now and then
but they still tack on $5 for processing so it is $45. That may be
what you are seeing
A much better deal is the $50 Shell gas card for $40 and no fee. It os
pretty much the only way I buy gas. I get a gas card every time I am
in the store when the deal is on. It is a far better return on
investment than anything else I do. (25% immediately or as soon as I
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