quazy wrote: ↑Mar 17th, 2017 11:52 amBeen planning to switch away from TD forever for my daily banking as the minimum amount for free banking has just been getting higher and higher. hasn't helped that every branch except my home branch has harassed me to upgrade my account, add other services etc on the rare occasions i've gone in, despite being obviously a poor student as far as they can tell.
my student status/free account is ending and i will not be able to maintain the monthly holding for a free account. paying $50 a year for the pleasure of stashing my tiny chequing account while also getting sales pushed at me is just out of the question.
i have a tangerine account for their no fee cash back CC to get 3 2% cashback categories.
My question is just, should I switch everything to Tangerine or is there a better alternative that I am not aware of? Have seen a lot of people complaining that Tangerine has changed and have gotten the fee increase notices myself. Only thing I can see better about TD for my scenario though is under $100 EMT is fifty cents but all EMT are a buck with Tangerine.
Additionally, do I have to notify TD or is walking away from a zero balance good enough? Are they going to ding me the monthly account fee and chase me for it?
And lastly, my first CC was from TD as a student. This would not affect that in any way and now I'll just pay it from another bank's payment section rather than as a transfer between accounts?
Thanks a lot for your help!
Be sure to close your TD account. It will be switched over to a regular account once your student status expires and you'll be charged fees. Could even become past-due with an unauthorized overdraft if this happens.