I think Granny on the Beverly Hillbillies had it right. Just stuff your
cash in your mattress....or the coffee pot...or keep it in your shoe. I
wonder what would happen to all of the banks if people closed their bank
accounts and simply cashed their paycheques, and then took the cash and paid
all of their bills in cash instead of using internet or telephone banking or
Thanks for your business here's another surcharge to swindle you out of your
hard earned money. Have a nice day. Grrrr. I just can't help but envision
all bank president's as Snidely Whiplash foreclosing on the Widow's mortgage
because her account was 15 cents overdrawn.
Steps down off of soap box and asks meekly...does anyone else have an
opinion on the subject?
>Is there anything that a consumer can do about these so-called ATM
YES! Don't use them!
> Is there anything that a consumer can do about these so-called ATM
> convenience fees?
Don't use them !! I stopped using most of them...I get enough cash to
last me a week at a time. The banks are making a shitload of money
from these machines, most of the machines (even the no-name ones) are
operated by the big banks. Only one that I know of doesn't charge
their regular customers the extra fee...that's CIBC. I noticed some
banks took out their name brand machine and swapped it for a no name
machine so they could charge the extra fees. Some business stopped
using Interac and put in a machine. I also notice that some businesses
are charging the customer the Interac fee for a direct payment
purchase. I don't do business with these people anymore !!
It's not bad enough my bank tacks on $1.50 for
> transactions made at a competitor's machine...now most are charging another
> $1.50 on top of what my bank charges. I wouldn't have a problem with using
> my banks' machines but they are very few and far between...so my choice is
> pay the $3.00 in fees...or waste $5.00 in gas to go to my local branch.
> What a rip-off. Just another way the banks are gouging consumers while
> making astronomical profits.
> I think Granny on the Beverly Hillbillies had it right. Just stuff your
> cash in your mattress....or the coffee pot...or keep it in your shoe.
Actually, it would cost the average person a lot less if they in fact
did just that !! The only transaction that doesn't have a charge is
making a deposit...but I'm sure they're working on it !!
They charge you a fee because it doesnt have their logo on it!
my solution is to stop using my debit card. I put everything on visa now
and then make one payment to cover the balance every month. very few places
charge a fee for credit card transactions, you just have to watch your
spending so you dont get yourself into debt.
"Norma DeViller" <njv...@ns.sympatico.ca> wrote in message
Having said that, best to just use the machine just on paydays and
keep what you need. Requires self control, but if you don't have
that, you are probably gonna be broke no matter how you organize your
finances. Good Luck!
PS - Presidents Choice banking is pretty much free I think, but I hear
they screw up a lot!
"Don2" <kernel_66@**DONTSPAM**hotmail.com> wrote in message
> Some will waive the fees if you keep a minimum balance. I know my one
> (TD) does. I keep a minimum of $1500 and pay no fees. Pain in the
> butt, but saves me a lot as I have a couple dozen preauthorized debits
> Having said that, best to just use the machine just on paydays and
> keep what you need. Requires self control, but if you don't have
> that, you are probably gonna be broke no matter how you organize your
> finances. Good Luck!
> PS - Presidents Choice banking is pretty much free I think, but I hear
> they screw up a lot!
> > "Norma DeViller" <njv...@ns.sympatico.ca> wrote in message > > Is there anything that a consumer can do about these
> so-called ATM
> > > convenience fees?
Yes, some banks waive the ATM fees with a large minimum - a tactic.
Credit Unions seems to be the best choice. Their ATM fees are low, and the minimum required are low if required.
Credit Union Atlantic
Credit Union ATM $0.40
List of Banks -
Bank Of Montreal, 111 Ilsley Ave, Dartmouth, NS, B3B 1S8, 902-421-3800
Bank Of Montreal, 114 Woodlawn Rd, Dartmouth, NS, B2W 2S7, 902-421-3678
Bank Of Montreal, 126 Portland St, Dartmouth, NS, B2Y 1H8, 902-421-3663
Bank Of Montreal, 1086 Cole Harbour Rd, Dartmouth, NS, B2V 1E7, 902-421-3636
Bank Of Nova Scotia, 100 Main St, Dartmouth, NS, B2X 1R5, 902-420-3761
Bank Of Nova Scotia, 21 Micmac Dr, Dartmouth, NS, B2X 2H4, 902-420-4921
Bank Of Nova Scotia, 277 Pleasant St, Dartmouth, NS, B2Y 4B7, 902-420-4953
Bank Of Nova Scotia, 91 Portland St, Dartmouth, NS, B2Y 1H5, 902-420-4940
Bank Of Nova Scotia, 112 Wyse Rd, Dartmouth, NS, B3A 1M2, 902-420-3764
Bank Of Nova Scotia, 912 Cole Harbour Rd, Dartmouth, NS, B2V 2J5, 902-420-4958
Bank Of Nova Scotia, 109 Ilsley Ave, Dartmouth, NS, B3B 1S8, 902-420-3750
Canada Trust, 590 Portland St, Dartmouth, NS, B2W 2M3, 902-434-4010
Cibc, 535 Portland St, Dartmouth, NS, B2Y 4B1, 902-428-7913
Cibc, 959 Cole Harbour Rd, Dartmouth, NS, B2V 1E5, 902-428-7912
Cibc, 56 Portland St, Dartmouth, NS, B2Y 1H2, 902-428-4907
Cibc, 71 Tacoma Dr, Dartmouth, NS, B2W 3E7, 902-428-7919
Cibc, 162 Wyse Rd, Dartmouth, NS, B3A 1M6, 902-428-7934
Credit Union Atlantic, 135 Wyse Rd, Dartmouth, NS, B3A 4K9, 902-492-6570
Credit Union Atlantic, 3 Cumberland Dr, Dartmouth, NS, B2V 2T6, 902-492-6610
Eastpen Inc, 44 Hannebury Dr, Dartmouth, NS, B2V 1P6, 902-434-2060
Heritage Credit Union, 155 Ochterloney St, Dartmouth, NS, B2Y 1C9, 902-463-4220
Hongkong Bank Of Canada, 800 Windmill Rd, Dartmouth, NS, B3B 1L1, 902-468-9005
National Bank Of Canada, 99 Wyse Rd, Dartmouth, NS, B3A 4S5, 902-464-1145
Royal Bank, 66 Wyse Rd, Dartmouth, NS, B3A 1N7, 902-421-8835
Royal Bank, 12 Johnstone Ave, Dartmouth, NS, B2Y 2K1, 902-421-8880
Royal Bank, K-Mart Plaza, Dartmouth, NS, , 902-421-8863
Royal Bank, M02 Brownlow Ave # 100, Dartmouth, NS, B3B 1T5, 902-421-8825
Royal Bank, 42 Portland St, Dartmouth, NS, B2Y 1H3, 902-421-8800
Royal Bank, 40 Tacoma Dr, Dartmouth, NS, B2W 3E5, 902-421-8863
Royal Bank, 1022 Cole Harbour Rd, Dartmouth, NS, B2V 1E7, 902-421-8889
Toronto-Dominion Bank, 97 Portland St, Dartmouth, NS, B2Y 1H5, 902-420-8140
Toronto-Dominion Bank, 6 Forest Hills Pky, Dartmouth, NS, B2W 6E4, 902-420-8186
Norma DeViller wrote in message ...
@@ All you have to do is turn 55 and then you get all the "charges"
This last suggestion is the best of all, it is the key to 'free' money.
It does require some thought and self control, but it works.
Wish I was in a financial situation to be able to keep more than $1500 in
the bank to avoid all service charges, however I'm betting if your $1500 is
in the bank of Montreal and you use a Royal Bank ATM to make a withdrawal,
you're still going to pay $1.50 for an interac charge to your financial
institution, and $1.50 to the bank or company that owns the ATM.
However...I am generally savvy about carrying the cash I need so I don't
have to pay the big banks anymore than I need to. You know what else, if
the banks actually kept hours that were realistic with everyone's lifestyle,
I might not mind paying a few service charges. But because I am paying for
a service that was already available....for several years before they
decided to tack on these extra fees, I feel this is gouging.
I am carrying cash from now on....to hell with the banks and their plastic
traps (debit and credit cards).
It just seems every time you turn around that the price on everything is
going up...gas is always quick to go up and slow to come down when there is
a fluctuation in price. A store-brand loaf of bread I could buy for 50
cents in 1988 is now a $1.10....electricity, home heating oil, the cost of
having a phone, all of them have gone up a lot in the last 15 years. What
has hardly moved, is the minimum wage, and the average income. The rich are
getting richer...and the middle class is joing the ranks of the poor. I
guess many of you don't have a problem with this.
as for the debit card dilemna, just cash your cheque and keep your money at
home and use it accordingly. I know its scary for some ppl to have more
than $20 in their pocket (it must be scary because i see people verywhere
using there cards) and that around every corner there are ppl willing to
beat you senseless for it, but be brave and risk it. That way I dont have
to 5 minutes behind your sorry ass when you pay for a chocolate bar and
bottle of juice with a fucking debit card at sobeys and most convenience
I do not understand why you think people are apathetic! Various
suggestions have been made about what people are doing to evade these
charges and most of those suggestions are things that would cause a bank
to rethink their charges.
The alternative, to somehow make the banks change their policies, is
mind bending. They hold the money, they hold the power. If you want
to force them to change you will need to mount an enormous campaign.
You could try to get the government to bring in legislation, that would
probably be the most effective way. I say, you could, mostly because I
don't think I personally have enough time left to work on changing
something as huge as that - you would be working with one huge section
with a vested interest against another huge section with a vested interest.
Easiest way to change this particular situation, avoid the banks, they
cannot really do without our business. The best business they get is
from people who owe them money and people who are too lazy to think
ahead and take the time to go in and use a teller. Or as Troutie says,
if you are 59+ bank charges disappear.
I used to pay all of my bills through snail mail with a stamp. Those
two charges, (the cheque and the postage), are forgotten now. That saves me
about $1.25 or more. Every time I use my debit card at another machine
other than my own bank, there's a $1.25 or better charge for that. So, I
use my own branch whenever possible, and if I need to use another machine, I
withdraw as much as possible, to make the cash I receive "worth" every cent.
As long as you remember the banks aren't doing you a favour by loaning you
money; you are doing them a favour by borrowing it from their branch. Get
your best deal, 'cause you're going to be with them a bit. And if
negotiating that deal means playing one against the other, so be it. It's
>On Mon, 28 Apr 2003 21:49:12 -0300, oldtrout <no-...@home.ca> wrote:
>>@@ All you have to do is turn 55 and then you get all the "charges"
> Which bank ??? I have 8 months to go !!!
@@ If that be the case my dear they the Egyptians didn't know squat
ditty about preserving bodies.
What a work over. An old model in a good looking chassis and frame.
I think that all the banks do. The Credit Unions do 4 sure. Make sue
that they give you entire "free" service.
Having worked for a chartered bank for 10 years I would NEVER deal
with one EVER again.
I deal with Credit Union Atlantic and I get:
No charges for ATM transactions.
No services charges on my accounts OR on their services such as
1. Travelers cheques (Which you should never use)
2. Money orders and drafts, domestic and foreign.
3. Personalized cheques.
And I am sure I have forgotten some. (old age)
I do not use travelers cheques but the bank puts on pressure to use them.
Why do you say never to use them?
Thanks in advance for info.
Oh, and hi Sheena! (It's only money, right?"...)
Unless they have lowered the boom (and I find that hard to believe) it
was 59 certainly at the Royal and Bank of Nova Scotia.
I'm with Troutie on this, travellers cheques are for the birds. Often
extremely difficult to cash them in foreign places and they only want to
cash $50 worth at any one time - they can't be blamed as they are so
often, lost, stolen and forged.
Now that it is possible to use debit cards in ATMs worldwide, why would
you bother with travellers cheques? Two points on ATMs in Europe.
They need more than a four digit PIN number but that is easy to change
before you go if you have a four digit one here. For using debit cards
in many of those places, their clients have different PIN numbers for
different accounts. I have the same PIN for instance at the Bank of NS
for my Savings and Powerchequing, so in Europe most of the time I can
only access my current account with my PIN.
You can use a credit card MC/Visa/Amex etc. to draw cash, either in a
bank or in an ATM if you have set it up that way. In fact it is
alarmingly simple to go into a bank with a credit card and get cash,
puts new meaning into taking care of your cards. If you draw cash this
way, the interest begins immediately not at statement time. So if I am
away a longer period, then I often make a deposit to my card so that I
have a credit, they can't charge any interest until that is gone. They
don't care for you doing that, but there is nothing saying you can't do
it in your agreement with the card.
So with all those incredibly easy options why on earth would you go to a
bank, pay for Travellers Cheques which so few places will accept, only
be able to access your money during banking hours, or cash in a store
for abysmal rates and have the additional hassle if there are two of you
travelling, of one of you signing all the cheques or half and half etc.
Travellers Cheques are a hold over from the past that make no sense
Sort of Rick, all one can do is look out for oneself and try and stay a
jump ahead of them. Hard work sometimes but possible!
What do you mean "NOW"... I've been using debit cards world wide
with no grief for over 20 years.... where have you been? ;-)
The same PIN over here works everywhere else. I use both RBC & CIBC
(England, Norway, Denmark, Sweden, Germany, Austria, Africa, Bosnia,
Turkey, France, Spain, etc over 20 years with no probs)
> On Tue, 29 Apr 2003 12:23:41 GMT, book...@NOSPAM.hfx.eastlink.ca
> (Donna Whitman) wrote:
> >On Mon, 28 Apr 2003 21:49:12 -0300, oldtrout <no-...@home.ca> wrote:
> >>@@ All you have to do is turn 55 and then you get all the "charges"
> >>for nuthin'
> > Which bank ??? I have 8 months to go !!!
> I think that all the banks do. The Credit Unions do 4 sure. Make sue
> that they give you entire "free" service.
> Having worked for a chartered bank for 10 years I would NEVER deal
> with one EVER again.
> I deal with Credit Union Atlantic and I get:
> No charges for ATM transactions.
> No services charges on my accounts OR on their services such as
> 1. Travelers cheques (Which you should never use)
> 2. Money orders and drafts, domestic and foreign.
> 3. Personalized cheques.
> And I am sure I have forgotten some. (old age)
I bet that you like your "Credit Union Atlantic" a lot.
Once you signed up for the CU, you will never stop using it. The
commercial/chartered banks have been doing things to thwart the expansion
of Credit Unions, but failed.
Mine has these additionals (maybe you have these too) -
1. No charges for using other credit union and PLUS ATM transactions,
2. 3 transactions per month with the ATM from other banks (CU paid for
3. Online bill payment with a fixed small monthly fee,
4. Online money transfers,
5. Online record of cancelled checks (no paper, just monthly statements).
Each CU has their own customized features. Check out their web sites.
Credit Union Atlantic
What a nit picker you are! "Now" in a general sense, yes I have been
using mine for zonks.
The same PIN indeed works, if it is more than four digits, but does not
if four or less, trust me on that because my Scotiabank PIN is four so I
have reason to know. Lloyds for one, will not accept a four digit
number, there were others too.
Donna I have BNS and they do exactly the same thing. I go to the
Lacewood Drive one too.
"Lucretia Borgia" <Lucreti...@florence.it> wrote in message
> The same PIN indeed works, if it is more than four digits, but does
> not if four or less, trust me on that because my Scotiabank PIN is
> four so I have reason to know.
I've got a Scotiabank card, a 4-digit PIN, and never had any trouble with
any ATMs in France, Holland, Belgium, England, or even Argentina during
various trips through 2000-2002. Even when my bank card got swallowed by
an airport ATM prior to one of my trips, I was able to use one of my
credit cards in ATMs to get cash out, also with a 4-digit PIN (though
ATMs were pickier about accepting it, I grant you).
Ian Merrithew - ADM Systems Engineering
ian.merrithew "at" ieee.org
>banks are BUSINESSES
>banks are providing a SERVICE
>banks hate people that use them just to cash their welfare checks
>why would you excpect something FREE from a business?
Not all that long ago, most daily bank services Were free! So it's
not terribly audacious to expect that these greedy businesses should
be able to make as reasonable a profit today without resorting to the
obviously exploitive tactics to which almost all of us are subject.
I've had bank accounts of one kind or another since I was ten (1974/
75). Until the early '80s, deposits, withdrawals, payments, and other
common services were free. There were sometimes charges for writing
cheques, but you didn't have to look far to find a bank or an account
that offered that service for free too. On top of all that, customers
were not generally penalized for carrying a low balance. And interest
rates were higher then (high single digits), so even those with meagre
balances noticed a little interest now and then.
Then, in the early/mid '80s, along came the ATMs, and everyone was
suckered into believing that...
- the ATMs were there for the convenience of the customer, not the
- maintaining two or three of these machines was more expensive than
paying salaries for half a dozen tellers
I had this discussion with a rep from the RBC -- a rep who looked me
straight in the eye and said that the ATMs were less cost efficient
than tellers and that the bank provided them Only because they were a
convenience to the customer. I disagreed and was then asked if I'd
like to have someone call me at home to discuss it. I said sure, gave
them my contact info, and I never heard from anyone.
But all you have to do is look at the difference between a payday
lunchtime crowd from today and one from 20 years ago. In the early-
to-mid '80s, my lunch hour was all but completely taken up at a bank
that had at least six tellers on the go. Today, two or three ATMs
will service the same number of people in 15 minutes or less.
As well, if tellers are so efficient, why does the RBC keep shutting
down MY branch?! When I lived on Water Street, my branch was the
little one on Barrington near Morris -- a four- or five-teller bank
"replaced" by an ATM placed in Captain Costa's across the street.
Once I moved up here near the rotary, I used the Royal on Dutch
Village. They all but closed out a few years ago; only the seniors'
services remain. Bad location?... not according to the Scotiabank
beside it. The RBC ATM at the nearby Esso on Chebucto has taken up
some of the slack.
And, like many, I made heavy use of the Royal at the Lord Nelson.
But, by now, you know the story... it's not there anymore.
There doesn't seem to be any shortage of ATMs, though. They haven't
hesitated to increase the number of them in the Halifax Shopping
Centre, where there are three RBC locations providing a total of at
least six machines. Oddly enough, there's a white-label machine there
too... wouldn't surprise me if RBC owned it.
You have to remember that banks -- the good ones anyway -- used to
make money by investing Your money. They didn't have to charge you
for every transaction. I believe that they still don't; but they'd
like you to believe otherwise.
> ..... (I have no entertainment budget, other than what
> I pay for the internet each month). Yes, I do have internet access, but I
> don't have cable or satellite, I seldom make long distance calls (despite
> the fact the majority of my family is in Sask. and Alta. ) I very rarely
> to the movie theatre or out for that matter.
SO.... Norma...what are you doing this weekend ?
wanna go out to a movie ;-)
@@ Bugger off ozzy I got second dibs!
Say....when's the next HNO?
@@ Well that's a hell of a lot better than "That's what you think
>I think Norma can decide for herself..... not our decision :-)
>So when is the next HNO?
>Very tempting to attend for the 1st time ;-)
@ :-) Sometime in May as far as I know but I don't think a date has
Tuesday, May 20, 1900, Parkside in Dartmouth.