• Last Updated:
  • Apr 3rd, 2007 12:09 pm
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Member
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Mar 9, 2007
303 posts
Toronto

CIBC service charge

I just noticed that my CIBC bank account, the service charge for the end of march is $6.9 instead of the regular $3.9, is it increased or else? :mad: :mad:

Can somebody confirm? Thanks.
2 replies
Member
Jun 15, 2004
385 posts
1 upvote
your 3.90 monthly fee includes a set # of transactions usually (interac payments, bill payments, atm withdrawls etc...) if you go over that set amount of transactions you get charged, usually anywhere from .65 to .95 depending on the bank and banking plan. you problly went over and thats why your monthly SC is higher.
Deal Addict
Aug 16, 2005
1840 posts
80 upvotes
$3.90 is for everyday plan which gives 10 transactions/month. Extra transactions are 0.60/each. If you got charged $6.90, that means you went over by 5 transactions (hence $3.00 more).
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