Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
something is ROTTEN in the state of Denmark [it XTINCTS (something STINKS)]?!.....FREE checking soon to become eXTINCT?!
#1
....raised the minimum to $15,000 in total accounts or you will be charged $20/month (minimum used to be $6,000)....

.....we bailed them out and now this....I never banked with Citibank anyway but they can now eat my shorts......!!!


Citi announces new fees on checking accounts

.....The fees keep coming. Citi is the latest big bank to slap customers with a round of fee hikes. This time, on its checking accounts.

Starting in December, customers who hold its mid-level Citibank Account will be charged $20 a month if they fail to maintain a minimum balance of $15,000 in their combined accounts. Previously, account holders had to carry a minimum balance of $6,000.

At the same time, customers who have the bank's EZ Checking account will start being charged $15 a month if they don't carry a minimum balance of $6,000. Citi © says it is phasing out the EZ Checking package, which currently carries no monthly fee for balances over $1,500, and is instead offering customers either the Citibank Account or its Basic Banking account, which also carries a fee.

Last month, Citi said it is hiking the fee on its Basic Banking account from $8 to $10. Customers will be able to avoid paying the $10 fee by either maintaining a minimum balance of $1,500 or by making one direct deposit and one automatic online payment through their checking account each month, said Citi.

Currently, account holders must make five transactions per month in order to avoid paying the fee and there is no minimum balance requirement.

Citi's fee hikes come just days after Bank of America announced it would charge a $5 fee for debit card purchases. Wells Fargo, JPMorgan Chase, Sun Trust and Regions Financial have all also rolled out similar fees in select markets in recent weeks.....



GREED.....is good....?!
_____________________________________
I reject your reality and substitute my own!
Reply


Messages In This Thread
something is ROTTEN in the state of Denmark [it XTINCTS (something STINKS)]?!.....FREE checking soon to become eXTINCT?! - by NewtonMP2100 - 10-06-2011, 03:22 AM

Forum Jump:


Users browsing this thread: 1 Guest(s)