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Article #2184Re: Which banks offer no-fee chequing & debit card purchases?
From: Greg Bennett
Date: Fri, 13 Dec 1996 00:00
Date: Fri, 13 Dec 1996 00:00
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1590 bytes
> Patrick Coghlan (bn207@FreeNet.Carleton.CA) wrote: > : I've heard that some banks will either offer to wave monthly > : and/or transaction fees for cheques and debit card purchases. I have a Power Chequing account with Bank of Nova Scotia. So long as I keep the balance above $1000, I have never paid charges, period. I will write at least 3-4 cheques a month, plus some preauthorized withdrawals, a couple of trips to the banking machine, interac, etc. Drawbacks: - I still have to pay for cheques when I periodically run out. - Not sure if this applies to other bank machines (I live practically next door to my bank). - If the balance slips below $1000, even for a small period, you get dinged for the entire month's transactions. - A whopping 0.25 % interest! Hope this helps. I'd venture a guess that other banks have similar set ups, but I haven't shopped around ... Greg
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 111a4f,e2e2bbad62d9e698 X-Google-Attributes: gid111a4f,public X-Google-Thread: 114977,e2e2bbad62d9e698 X-Google-Attributes: gid114977,public From: Greg Bennett <gregbenn@nortel.ca> Subject: Re: Which banks offer no-fee chequing & debit card purchases? Date: 1996/12/13 Message-ID: <32B17B06.4EBC@nortel.ca> X-Deja-AN: 203922199 references: <58mqq4$g9t@freenet-news.carleton.ca> <58ph8t$gpg@mail.cognos.com> content-type: text/plain; charset=us-ascii organization: Northern Telecom mime-version: 1.0 newsgroups: can.consumers,ott.general x-mailer: Mozilla 2.02 (X11; I; HP-UX A.09.03 9000/712)