There is $2.00 fee charge from my bank monthly, what are they?

United States
September 21, 2010 9:01pm CST
I would check my account balance from time to time, at least once or twice a week. Recently, I noticed this unknown fee charge on my checking account, although it is not a prominent number or so, but it simply saying service fee. What kind of service fee are they? It was just a mystery to me. My bank is one of those giant mega banks. I felt like that I wasn't treated right, and I just sent an email to their online customer service to see how they would respond to it. If not reasonable, I might consider transfer my money to the Credit Union, or the community bank rather have my business with them. Although it was merely $2.00, but I don't feel like that I need to be charged. I lend out my hard - earned money to the bank, and they reap great profit by borrowing my money to other people. And now, they charge me fee for it? That just outright insane.
9 responses
@nicregi (1936)
• Malaysia
22 Sep 10
I heard before such incidents few months back. There are groups of people who actually does this for a living. They will charge like a small amount below $5 monthly to credit card holders and since the amount is so small, credit card holders do not complaint. What happens is these people are cheaters and earning nicely by cheating. They are smart as they will actually do it so slowly that they will only earn their million after a few years.
• United States
22 Sep 10
I don't have problem with the credit card, but I have this fee charge problem with my bank. I am having a checking account with them, now they charge me $2.00 monthly service fee, what is that suppose mean?
@nicregi (1936)
• Malaysia
22 Sep 10
Sorry forgotten to add. Sometime bank will charge you $xx.xx due to those instant messaging on pay receive etc etc. Therefore, it could be a service that they offered to you?
• United States
22 Sep 10
This is the reason why I don't like to have a credit card. Its just so hard to find really trusting credit company!
• United States
22 Sep 10
Sir, that is not a credit card. It is my checking account, once I have to emphasized it.
• Hong Kong
22 Sep 10
It may be the service charge by the bank.
• United States
22 Sep 10
No, the thing is I have account with this for over 5 years already. and none of these charge ever present at my account transaction. Until the recent 3 months, started from July, I started to notice this charge showing on my account. I didn't have any abnormal activities, such as using other ATM, or doing anything else with my debit card.
@momof3kids (1903)
• Singapore
22 Sep 10
I completely agree with you. Where i put my money is the national bank where almost everyone here has an account and they still charge you $2 when/if you have less than $500 in it. Its like rubbing salt in the wound. Imagine if you have $499 in it they will deduct $2 from there till its $O. Its such a hassle to move all the present transactions (my paypal is verified with this bank) out so I try to comply by not leaving less than $500 inside. But thats all. I have started putting my money in another bank where they dun have such a ruling.
• United States
22 Sep 10
Well, competition always out there, and people should consider what is worth their patronage. I am a customer, if I don't feel they would appreciate my business, I would move somewhere else, whoever appreciate to have business with me. Rule of thumb for this market economy.
22 Sep 10
i have this same prob with my credit card to me i think they just want more money like they dont have enough.If i was you i would go down there and talk to them about it if you call they would prob give you the ring around and never answer the question that is usally how it goes.
• United States
22 Sep 10
I might have to call their customer service in person. But, I would like to email first, and find out about it in writing first. I don't like to chat on the phone, but if it is necessary, I would seek another method to find out why.
@eurekafemme (5881)
• Philippines
22 Sep 10
Hello, Kingparker.:) I am also a depositor in one of the stable jobs here in the Philippines.And there are certain charges from my account monthly,though not a prominent figure, too. When I asked for a monthly statement I saw that the charges are for withholding tax. And if my balance drops below the maintaining balance, there is also a charge for that as well as if my account is dormant (not moving )within a month.:( I'm not sure how it is with your bank but it will help if you can get a statement of account from them since you will be able to see the break down of all transactions in your account. But, I suspect that it is possibly a tax.I hope you can have confirmation from your bank the soonest time possible. It is not an easy feeling not knowing what is going on with your hard earned money.:(
• Singapore
22 Sep 10
I understand. Maybe there's some kind of messed up thingy going on in the bank or maybe they have frequent processing which require customers' $2?
• Indonesia
22 Sep 10
hmm i think you should ask the bank but it's still confusing if every months get charge 2$ i think the charge it's for debet card or credit card..
@ellyse2003 (1465)
• Philippines
22 Sep 10
I get charge from from credit card whenever I cash out from paypal for service charge.