• weird fees

    Customer Gets Slapped With "Excessive Activity" Fee For Messing With Savings Account Too Much

    John found himself the proud father of a $10 fine from WaMu this morning because he exceeded 6 transfers from his savings account during a single billing period. When he called in to find out why this happened, he was told it was a federal regulation: "The representative from Wamu said there was nothing she could do and I need to better monitor my account. Honestly I just want to know if anyone else has had this problem?" It's a real regulation, John, but banks don't have to charge a fine—they can also simply warn you or not allow the seventh transaction—but then they wouldn't get to make another $10 off of you. More »

    3:31 PM on Fri May 9 2008
    By Chris Walters
    9,732 views, 101 comments

    Latest by orielbean: My credit union DCU just won't allow the excess transactions and doesn't charge a fee. Uh, that's pretty easy... I more »

  • 1

  • 1 of 1 for "Weird fees"