Avoid Overdraft Charges
Keeping close eyes on our financial statement is an important way to prevent unexpected charges. Many of us are always in a rush and so busy with our life, that some time we just pay the expenses without any examination.
It happened, to me, even though I thought I was very vigilance in this area! However, I slipped on occasions reasoning that it was easier to pay than to make that dreaded phone call to argue with the big guys.
When my children asked for recommendation or advise in banking business, I found myself repeated telling them to look at one that offered overdraft protection for checking accounts. The charges were from $35 to $50 per transaction, so I guess the nightmare had a deeper effect in my brain than I thought.
Many financial institute would overlook your first offend as a courtesy to their customers, but the next mistake you will pay dearly for it.
To avoid overdraft charges, look for banks that offer you a sure way to protect yourself from this astronomical expense, such as Aurora Bank, which gives you high yield interest in checking account, transferring between accounts, and linking your accounts together to cover for the unexpected incident.
It is our rightful responsibility to protect our hard earned money after all!
It happened, to me, even though I thought I was very vigilance in this area! However, I slipped on occasions reasoning that it was easier to pay than to make that dreaded phone call to argue with the big guys.
When my children asked for recommendation or advise in banking business, I found myself repeated telling them to look at one that offered overdraft protection for checking accounts. The charges were from $35 to $50 per transaction, so I guess the nightmare had a deeper effect in my brain than I thought.
Many financial institute would overlook your first offend as a courtesy to their customers, but the next mistake you will pay dearly for it.
To avoid overdraft charges, look for banks that offer you a sure way to protect yourself from this astronomical expense, such as Aurora Bank, which gives you high yield interest in checking account, transferring between accounts, and linking your accounts together to cover for the unexpected incident.
It is our rightful responsibility to protect our hard earned money after all!
2 comments:
I know what you mean, Icy. The same thing happened to my sister. I made her fight to get her money back. In the UK, the banks do that, but it's actually illegal.
The thing to always do, is threaten to take them to small claims court and always bill them for the time they make you waste, getting that money back. That usually does the trick.
Getting caught by this trick is very costly! Some banks even charge a daily penalty until you set things straight. I now have overdraft protection.
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