Quote:
Originally Posted by PowerPlayoffs06
So my monthly fee just went up $2.00 apparently. Nice of the bank to just arbitrarily up the amount of money it costs me for allowing them to handle and make money off of my paycheques and investments.
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Banks cannot arbitrarily raise your service charges. By law, the must provide you with 90 days notice. Most banks give you more notice. I suspect you received something in the mail, email or it was posted at your bank's ATM.
Somewhere along the way you were advised that an increase was coming.
Secondly, they wouldnt just change one item either. It was probably a number of items. You may want to find out what those other service charge increases were and then shop around and see if there is a better deal out there.