Banks fucking suck! I got this in mail a few days ago, actually this is like my fourth or fifth one of these in the past couple of months.
So I have this savings account with US Bank where I keep some extra money. I don't want it in my Checking account just in case someone steals my debit card and drains my account plus my wife will probably spend it, trying to be smart with my money but then I get this in the mail. It says I withdrew from it to many times and they are charging me a $15 fee each time.
Good thing those withdraws are going into cryptos. A BIG FUCK YOU to US BANK!
The most annoying part about this letter is the fact that it's against federal regulations to withdrawal more than 6 times per cycle (whatever the fuck a cycle is). I thought the US government wanted people to stop saving and spend their money. Isn't that why we have low interest rates to encourage spending rather than savings?
This government regulation really doesn't make much fucking sense. No charge if I withdrawal 100% of my savings one time but if I withdrawal 10% of my saving 10 times I get charged a $15 fee for the last four withdrawals. What kind of logic is that? It sounds like just another way for banks to screw people over.
The best part is if I keep doing this my savings account with be converted into a checking account per government regulations. Dear God, I will lose my 0.1% interest rate whatever will I do with out it!
FUCKING BULL SHIT!
Cryptos are the future because of these annoying fees and government regulations and the banks will go bye- bye.