From: coghlan@sympatico.ca
That's the thing. I've been using it for 5 years (i.e. regularly use
the overdraft feature) without charges, other than interest.
Not only is there a $4.97/month fee now, the interest rate is 19%!!!
Steve Hall wrote:
> Pat Coghlan wrote in message news:...
>
>>It begins.
>>
>>PCF has started charging a $4.97/month fee for overdraft protection,
>>which has been free (other than interest charges) since they started in
>>the banking business.
>
>
> There's no fee for having overdraft protection, only for using it. If
> you bounce cheques every month, you have bigger problems than a five
> dollar fee. :-)
>
> What I dislike is that they now charge $1.00/month for printed bank
> statements (for the no-fee account). I can still use the internet or
> telephone to review the statements, but it was nice to have someone
> print it out and send it to me every month.
>
> All-in-all, it still seems like the best deal in Canadian banking,
> though I admit I haven't tried the other no-fee accounts like ING.
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* Origin: you cannot sedate... all the things you hate (1:229/2)
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