Brides Helping Brides ™ - NWR: Savings Account Question

Post new topic

Wedding Forums > Brides Helping Brides ™ > NWR: Savings Account Question

NWR: Savings Account Question

menc Posted: Aug 28, 2007 10:04 PM+

menc MEMBER SINCE: 1/07 TOTAL POSTS : 1071 WEDDING DATE: May 17, 2008

Posted: Aug 28, 2007 10:04 PM

Re: NWR: Savings Account Question

Thank you, I guess I can see why they (the government) has to do this, now that we live in a world with a lot of sketchy people. I think I may switch back to doing it online, they have better rates anyway.

klanghan Posted: Aug 28, 2007 10:06 PM+

klanghan MEMBER SINCE: 7/07 TOTAL POSTS : 1773 WEDDING DATE: Aug 08, 2008

Posted: Aug 28, 2007 10:06 PM

Re: NWR: Savings Account Question

that sounds weird.. . .i'd check on it

Summer07Bride Posted: Aug 28, 2007 10:10 PM+

Summer07Bride MEMBER SINCE: 6/06 TOTAL POSTS : 4674 WEDDING DATE: Jul 21, 2007

Posted: Aug 28, 2007 10:10 PM

Re: NWR: Savings Account Question

Bank of America did that to me after 3!!! I was fuming! I immediately called them and had them explain to me this absurd policy. Apparently the US government only allows you to take out 'x' amount of times and in order to stop you from withdrawing too many times they charge you a fee. I told them it is ridiculous to charge us and that when we get to the max then they should just not let us take out anymore money. Needless to say they gave me back the fee.

Summer07Bride Posted: Aug 28, 2007 10:12 PM+

Summer07Bride MEMBER SINCE: 6/06 TOTAL POSTS : 4674 WEDDING DATE: Jul 21, 2007

Posted: Aug 28, 2007 10:12 PM

Re: NWR: Savings Account Question

Posted by KiTTeN0819

My bank will let you deposit to your hearts content, but i think im only allowed 6 withdrawals from my savings before I get charged.. I think the fee is only 3 bucks though..

3 dollars from millions of people who do not know about the policy is millions of dollars.

DrWho Posted: Aug 28, 2007 10:12 PM+

DrWho MEMBER SINCE: 2/07 TOTAL POSTS : 1308 WEDDING DATE: Oct 12, 2007

Posted: Aug 28, 2007 10:12 PM

Re: NWR: Savings Account Question

This is why I love credit unions. No minimums, no fees, phone and online banking, late hours, and I can go to one shared branch and bank with two different credit unions.

FuTuRe MrS MaZz Posted: Aug 29, 2007 12:01 AM+

FuTuRe MrS MaZz MEMBER SINCE: 5/07 TOTAL POSTS : 15066 WEDDING DATE: Aug 02, 2009

Posted: Aug 29, 2007 12:01 AM

Re: NWR: Savings Account Question

Posted by HotAir

Posted by FuTuRe MrS MaZz

Posted by mishi205

Posted by FuTuRe MrS MaZz

Do all of you have a regular savings account? Is this why??? I have an online only account with a great rate and never got a fee for anything!

Just curious, how do u withdraw if you ever need to? Which bank is this? I have used Netbank before - wondering if it's the same.

HSBC - 5.05% APR - You can withdraw from an ATM or you can transfer funds from savings to checking through their website... Just cant deposit or withdraw using the teller

Are you sure you can't use a teller because have that same account and I think I can go to a teller...although I never do.

I never tried to use the teller either, but I rem hearing that they can give you such great rates because they cut out the middle man (aka the teller) It makes sense!