You probably had this happen to you in month 1?esoxhntr wrote: ↑yes, that's my interpretation too as they seem to charge the fee on the last day of the month.ace604 wrote: ↑
LOL you made me wonder if we are already screwed if they charge Dec 1 based on Nov balance! ... but then I remembered they charge the fees on the last day of the month. So you wouldn't get charged til Dec 31
That would have been 'awesome' if they changed the rule as of Nov 30th and retroactively screwed you over if you didn't add $1k by Nov 1st
I think you need to have the minimum in your accnt by Dec 1 (and maintain it all month) so you don't get hit with a fee on Dec 31st.
btw, you need to keep the minimum PLUS the fee for your banking plan. I 'only' have the $4 plan, and I need to make sure I will have $2004 on Dec 31st. They still charge a fee but then credit it back as two separate transactions on the last day. If you keep only 2000, the fee will drop it below the minimum and you won't get the credit. ask me how I know.
I thought the same and followed this for Sep, but tested it out since then. I left $5020 in my account for Oct, it dropped to $4090 and then back to $5020 on Oct 31.
I am fine for Nov because the balance was never under $5000 in Nov.
I think maybe the first month handling is different because they might have to manually intervene.