Fee

[clevermanka]

Latest bank fee is for paying off credit card on time every month. (Click for article)

My Working Assets card is through Bank of America, who plans to incorporate this fee next year. So it's likely that I'll be closing that account soon. I like the safety net of having a $10,000 credit limit in case of a horrible emergency, but I refuse to pay those assholes for the privilege. I'll certainly be looking into that credit union idea mentioned in the article.

Comments

[mckitterick.livejournal.com]

I recommend using the same bank that has your home loan. Mine gives me all sorts of benefits because of having all my credit there, including a free and cash-earning credit card and an interest-bearing checking account! Talk with your banker.

[stuology.livejournal.com]

I already have that. My banker is my problem.

Commerce did have our mortgage too, but they sold it. We could switch over to Wells Fargo. My only hesitation is that there are not branches here. The closest I can get is ATM service in Kansas City. I find phone based customer service agents lacking in customer service skills. When I really need something done that involves my money, I like having a branch to walk into.

[mckitterick.livejournal.com]

I wonder if you could get a better rate right now by moving the loan elsewhere. I use USBank and recommend 'em.

[stuology.livejournal.com]

They are currently lower right now than the one we have. I'm not sure if we could refinance since I am not employed and Mac just started his job about a week ago after not being employed for over a year. We would lower our mortgage payment by a little over $90 if we could. (But if we had to pay all the fees and closing costs, it would take us awhile to see any true savings.)

I'm glad USBank hasn't tried to sneak in any new screw-the-customer policies before legislation passes. I'll take a look at them for a new checking/VISA card even if they don't have our mortgage.