Comments on: Don’t begrudge the banks their overdraft fees. Poor things, it’s all that’s keeping them afloat http://jubakpicks.com/2009/08/11/dont-begrudge-the-banks-their-overdraft-fees-poor-things-its-all-thats-keeping-them-afloat/ Sat, 19 May 2012 20:47:22 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: robdatahold http://jubakpicks.com/2009/08/11/dont-begrudge-the-banks-their-overdraft-fees-poor-things-its-all-thats-keeping-them-afloat/comment-page-1/#comment-450 robdatahold Wed, 12 Aug 2009 12:42:41 +0000 http://jubakpicks.com/?p=902#comment-450 I wonder if part of the reason why banks are increasing fees is because other banks are offering to reimburse ATM fees? National City now PNC is a good example of this. It ends up being a indirect cost to the consumer because they have to make up for it in other ways. But I guess that would go for the lack of loan fees too. They need to get a certain amount in the coffers to weather the storms ahead and keep share holders happy. I wonder if part of the reason why banks are increasing fees is because other banks are offering to reimburse ATM fees? National City now PNC is a good example of this. It ends up being a indirect cost to the consumer because they have to make up for it in other ways. But I guess that would go for the lack of loan fees too. They need to get a certain amount in the coffers to weather the storms ahead and keep share holders happy.

]]> By: PeteClimbs http://jubakpicks.com/2009/08/11/dont-begrudge-the-banks-their-overdraft-fees-poor-things-its-all-thats-keeping-them-afloat/comment-page-1/#comment-447 PeteClimbs Wed, 12 Aug 2009 11:02:47 +0000 http://jubakpicks.com/?p=902#comment-447 P.S. One exception: In Japan the bank ATM's do not accept US cards, debit or credit. You have to go to a Post Office -- yes, that's right: the Post Office -- to get cash from their ATM's. P.S.S. When traveling overseas, the banks that own the ATM's do not charge a fee! All my ATM withdrawals are otally free and the rate in almost all cases is the current exchange rate. And, when it's off, it's only a few cents above as often as below the exchange rate. I kissed traveler's checks good bye several years ago. P.S. One exception: In Japan the bank ATM’s do not accept US cards, debit or credit. You have to go to a Post Office — yes, that’s right: the Post Office — to get cash from their ATM’s.

P.S.S. When traveling overseas, the banks that own the ATM’s do not charge a fee! All my ATM withdrawals are otally free and the rate in almost all cases is the current exchange rate. And, when it’s off, it’s only a few cents above as often as below the exchange rate. I kissed traveler’s checks good bye several years ago.

]]> By: PeteClimbs http://jubakpicks.com/2009/08/11/dont-begrudge-the-banks-their-overdraft-fees-poor-things-its-all-thats-keeping-them-afloat/comment-page-1/#comment-446 PeteClimbs Wed, 12 Aug 2009 10:52:31 +0000 http://jubakpicks.com/?p=902#comment-446 I use a local credit union and am very happy with their fee schedule. Their overdraft transfer fee is $10 ($35.00 for NSF) but in my 6+ years with the bank have never invoked it. And a BIG plus to a person who, like me, travel a lot: No foreign transaction fee! I have used my debit card all over Europe, NZ, Australia, and parts of Asia and have never had any problems. AFAIK, among major credit card issuers Capital One Visa is the only one that does not charge a foreign transaction fee -- but that could change any time. I use a local credit union and am very happy with their fee schedule. Their overdraft transfer fee is $10 ($35.00 for NSF) but in my 6+ years with the bank have never invoked it. And a BIG plus to a person who, like me, travel a lot: No foreign transaction fee! I have used my debit card all over Europe, NZ, Australia, and parts of Asia and have never had any problems. AFAIK, among major credit card issuers Capital One Visa is the only one that does not charge a foreign transaction fee — but that could change any time.

]]> By: Z06Bug http://jubakpicks.com/2009/08/11/dont-begrudge-the-banks-their-overdraft-fees-poor-things-its-all-thats-keeping-them-afloat/comment-page-1/#comment-441 Z06Bug Tue, 11 Aug 2009 22:46:29 +0000 http://jubakpicks.com/?p=902#comment-441 Support your local credit union! Support your local credit union!

]]> By: leszek http://jubakpicks.com/2009/08/11/dont-begrudge-the-banks-their-overdraft-fees-poor-things-its-all-thats-keeping-them-afloat/comment-page-1/#comment-434 leszek Tue, 11 Aug 2009 20:10:43 +0000 http://jubakpicks.com/?p=902#comment-434 One other web site request :) Can you also post links to your videos as you make them on MoneyShow.com? If possible of course. I bet most readers of your blog will enjoy them. One other web site request :)

Can you also post links to your videos as you make them on MoneyShow.com? If possible of course. I bet most readers of your blog will enjoy them.

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