“Starting in December, customers who hold its mid-level Citibank Account will be charged $20 a month if they fail to maintain a minimum balance of $15,000 in their combined accounts. Previously, account holders had to carry a minimum balance of $6,000. At the same time, customers who have the bank's EZ Checking account will start being charged $15 a month if they don't carry a minimum balance of $6,000. Citi (C) says it is phasing out the EZ Checking package, which currently carries no monthly fee, and is instead offering customers either the Citibank Account or its Basic Banking account, which also carries a fee.”
At this time, I'm very happy that I belong to a credit union, because I feel that fees are going to come out of the wazoo now for everything.
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Ugh, we have PNC and so I'm just waiting until they announce something about fees! My husband belongs to a credit union and he always says how much better it is!
It's madness, I tell you. I'm quite glad I bank with USAA and don't have to think about this sort of thing.
i just got my letter from there – highly annoyed. luckily we also have USAA.