Thursday, November 5, 2009

Returned Statement Fee

Today I learned that, in addition to the absurd overdraft fees some banks are applying to their customers (remind me to tell you the story sometime about how I accrued $280 in overdraft fees for being $10.01 over-drafted after my direct deposit from work got delayed...), some banks are now charging a fee if the statement they send you in the mail gets returned.

Yes, that's right, you can get charged $5.00 if the post office forgets where your house is, and the statement gets returned to the bank. I'm not really sure how that's my fault, but I will let you know the logic behind that one when the "Online 24/7 Costumer Support!" gets back to me in their average four day return time.

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