$6 to Cash their Own Check


	$6 to Cash their Own Check

ljsdesign

9-9-2009 4:52 PM

105 views

tags:

banks, fees, money, rip off, for profit, unfair, unethical, unfortunatelt legal

ljsdesign says:

say it with me folks-Rip Off

3 Comments |

Add a Comment

9-9-2009 5:02 PM

Socratoad

Perhaps it should become compulsory for them to wear black masks so the public could readily recognize thieves when they see them

9-10-2009 3:05 AM

clip-on-tie

Cannot stand BOA - $3 for an ATM transaction is ridiculous

9-14-2009 1:36 AM

zizzy

Open an account at a credit union and tell all the banks to f-off. I've been a credit union member for over 5 years.: $5.00 to open an account and a nationwide CO-OP network of no surcharge ATMs.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/b9f6552f-d39a-4c9a-811b-b9a526b6ecf2/1A83F5EA-CD46-4584-85D3-7EDFCB4F9F11/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://wbztv.com/local/curious.checking.cashing.2.1172930.html" href="http://wbztv.com/local/curious.checking.cashing.2.1172930.html" style="font-size: 11px;">wbztv.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html">why Bank of America is charging people $6 to cash a paycheck drawn on their own bank?</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html"><EM>"Is that legal? Can they charge a fee to cash one of their own checks?"</EM></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html"><DIV>
Well as we found out, it's legal, but some people say it isn't right. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html"><DIV>
"I consider it very unfair," says Mark Rugani. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html"><DIV>
"As soon as I reach the teller to cash it she asks for my ID to make sure I am who I am, but she also tells me there's a $6 fee to go with it," says Rugani. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html">For Mark that means $6 every week.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html">That's pretty close to an hour's pay," he says</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html"><DIV>
"It's an aggressive way to say, hey, if you're not going to come in and bank with us, we don't even want to cash your check," she says. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html"><DIV>
"They essentially do it because they can. A lot of consumers don't have a lot of alternatives to go to," says Cummings.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wbztv.com/local/curious.checking.cashing.2.1172930.html"><DIV>
The only thing you can do to avoid this particular fee is either open a Bank of America account, or take your check to another bank where you do have an account. </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/1A83F5EA-CD46-4584-85D3-7EDFCB4F9F11/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>