[Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW in Canadian Chat http://www.dslreports.com/forum/r20638207 en Mon, 14 Dec 2009 22:30:39 EDT Mon, 14 Dec 2009 22:30:39 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20851435 Robrr :
said by AR See Profile :

I feel for you Omega.

To me, Canadian banks have 0 concept of customer service and satisfaction.

I wish I could recommend my bank TD Canadatrust to you. I can't. It's equally crappy.
I have been generally happy as a TD customer and their customer service has been good but DON'T dare go to them for a loan, they are at least 2-3% higher than any other bank]]> http://www.dslreports.com/forum/remark,20851435 Sat, 26 Jul 2008 07:55:51 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20846983 omega1682 : Agreed and just to prove my point further my banks "new improved online security features" just screwed me around again lol.

I tried to log in and it said something about my ip changing... which is a lie since I logged in on the exact same maching and ip address I always use.

So then it asked me more questions. How am I suppose to remember three secret questions and answers.

Hell i'm suprised they don't tell you to recite the dictionary just to log in to your account.

So now I have to call them up yet again because I put in 5 failed "secret answers" and my card is suspended from online banking.

I think its about time I buy a safe and say f all u banks.]]> http://www.dslreports.com/forum/remark,20846983 Fri, 25 Jul 2008 10:46:20 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20842583 AR :
I feel for you Omega.

To me, Canadian banks have 0 concept of customer service and satisfaction.

I wish I could recommend my bank TD Canadatrust to you. I can't. It's equally crappy.]]> http://www.dslreports.com/forum/remark,20842583 Thu, 24 Jul 2008 14:16:05 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20842028 omega1682 : The reason they do this is because they don't want people using their savings account to withdraw money. As with your checking accounts you basically need to pay a monthly fee or else you will be charged every debit transation.

Now if you recieve checks and deposit into your savings account and withdraw you will now have to pay 5 dollars each time.

Its a game to these guys. They try and get away with the bare maximum of what a consumer will pay before closing his or her account.

There are so many things banks do that is illegal it would take me days just to list them all. And they know this but they also know most people are to lazy and ignorant to find the facts.]]> http://www.dslreports.com/forum/remark,20842028 Thu, 24 Jul 2008 12:35:13 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20695333 omega1682 : Well I found out it was because of a rash of ATM theives hacking into peoples accounts or something.

The banks have such shitty security that they have to suspend peoples accounts because of a few idiots.

I think its just them wanting to push everyone into accepting the new CHIPPED Debit cards.]]> http://www.dslreports.com/forum/remark,20695333 Wed, 25 Jun 2008 03:28:45 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20693702 omega1682 : I have had nothing but problems with the Bank of Montreal. And these problems snowballed the other day when they found they had the authority to close my account without notifying me either by writing or telephone.

When I called them about why they closed my account the guy said "Your account has had some online transactions that seemed questionable so we had to close your account."

Like for god sakes man those were MY ebay transactions I authorized the transactions for one. They just speculated that someone hijacked my account without informing me of the situation AT ALL.

Now I have to manually go down there and straighten up this mess they have created. What a pathetic bank. This is not the first time things like this has happened to me with this bank.

I am closing my account and withdrawing my entire balance and transferring it to my other bank account. I have never seen such a poor excuse for customer service in my lifetime.

They say they are a bank of loyalty. Well I've been there for over 11 years and the new loyalty credence makes me laugh.]]> http://www.dslreports.com/forum/remark,20693702 Tue, 24 Jun 2008 20:16:01 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20669549 Snickerdo :
said by Advocat See Profile :

Yep it happened in Windsor, Ont. The photo above was from the story... ATM Scam Foiled:
»www.canada.com/windsorstar/news/···&k=25402
This is now why PCF and CIBC (and I'm sure others) have a green piece of plastic with the bank logo on it that shields the card slot. That device prevents another reader from being placed over top of the legitimate one.
--
I swear that I will faithfully and bear true allegiance to Her Majesty Queen Elizabeth the Second, Queen of Canada, Her Heirs and Successors, and that I will faithfully observe the laws of Canada and fulfil my duties as a Canadian citizen.]]> http://www.dslreports.com/forum/remark,20669549 Thu, 19 Jun 2008 20:22:47 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20669414 Advocat :
said by vue666 See Profile :

Is this conjecture or can someone provide a link can give some validity to this allegation?
Yep it happened in Windsor, Ont. The photo above was from the story... ATM Scam Foiled:
»www.canada.com/windsorstar/news/···&k=25402
--
Credulous: having views about the world, the universe and humanity's place in it that are shared only by very unsophisticated people and the most intelligent and advanced mathematicians and physicists.
]]> http://www.dslreports.com/forum/remark,20669414 Thu, 19 Jun 2008 20:01:52 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20669292 Snickerdo : Ah yeah, pinpad makes a lot more sense. I thought you were referring to them somehow getting the PIN off the card itself.]]> http://www.dslreports.com/forum/remark,20669292 Thu, 19 Jun 2008 19:35:19 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20667517 corster :
said by Snickerdo See Profile :

said by Bender2000 See Profile :

The thieves use a strip that they insert in the card reader slot. It's quite small, and if placed right, is not even noticable. All information, including the PIN is obtained. One time, the PIN was needed (via camera or other visual means), but not anymore.
Do you have a source to back that up? The PIN isn't stored on the card, it's stored at the bank. The PIN is hashed on the ATM machine and sent to the bank where it verifies whether the hash matches on their end. This is all done on the ATM network. Nothing is actually "stored" on the card other than the card number.
It's not the stripes, it's the Pin pads.... people will steal pinpads from stores (specifically the one in this picture- »www.emaster.info/produtos/Pinpad···O_G1.jpg) and modify them to record PINs and stripes... (since many stores with this pinpad swipe the cards through the pinpad)... fortunately many large retailers have systems to detect foreign pinpads at the point of sale, but many don't *cough gas stations *cough*. In addition to these pinpads being risky from the consumers point of view, they're also a target for theft, so retailers have been switching to newer models that aren't yet modifiable.... (cineplex has been phasing them out in the order of each locations fraud/theft rate, might wanna avoid colossus woodbridge if you're paying by debit, #1 in the chain 2 years running)]]> http://www.dslreports.com/forum/remark,20667517 Thu, 19 Jun 2008 13:24:24 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20667258 vue666 : Is this conjecture or can someone provide a link can give some validity to this allegation?]]> http://www.dslreports.com/forum/remark,20667258 Thu, 19 Jun 2008 12:33:33 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20654852 Last Parade : Or just don't use Interac for everything, that would work too.

I've noticed that since PayPass is now available on a wide range of MasterCards instead of just 1, Tim Horton's has smartened their employees up a bit.]]> http://www.dslreports.com/forum/remark,20654852 Tue, 17 Jun 2008 08:40:44 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20654263 yupislyr : As already stated, on current magnetic strip cards used in any Canadian bank or credit union, there is no PIN stored on your card. All that's stored on there is your card number. Buy a cheap card reader and see if yourself.

It's the same when using those stand alone PIN setting units. Those units are merely associating the PIN you are choosing with the card you are swiping. There is still no PIN stored on your card.

quote:
for all those that use PCF...it is the easiest bank in Canada to get your ATM card copied.


No, it isn't. They use no different hardware than CIBC, and RBC. Bank of Montreal, HSBC, National Bank of Canada, and many credit unions, all use the same hardware. Even then, other ABM hardware is basically no different. If they use the older magnetic stripe technology, they are just as secure as any other machine. Some banks have rolled out some additional anti-skimming tools, but you'd still be wrong since PCF is one of the banks using those very tools.

If anything, I'd say it would be more difficult for a fraudster to do something to a machine in a busy store with a bunch of people around all the time.

Regardless of all that, PCF ABMs are more secure simply because of the fact that they are all smart card ready. Now they just need to roll out all those smart cards and get people using the more secure technology. ]]> http://www.dslreports.com/forum/remark,20654263 Tue, 17 Jun 2008 00:35:37 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20653923 Snickerdo : I remember those machines, they're white and they always had them sitting up on the counter. That's the only time I've ever seen anything like that, every other bank/CU seems to use a regular ATM to set the PIN.]]> http://www.dslreports.com/forum/remark,20653923 Mon, 16 Jun 2008 23:08:28 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20653690 Last Parade :
said by Snickerdo See Profile :

said by Bender2000 See Profile :

The thieves use a strip that they insert in the card reader slot. It's quite small, and if placed right, is not even noticable. All information, including the PIN is obtained. One time, the PIN was needed (via camera or other visual means), but not anymore.
Do you have a source to back that up? The PIN isn't stored on the card, it's stored at the bank. The PIN is hashed on the ATM machine and sent to the bank where it verifies whether the hash matches on their end. This is all done on the ATM network. Nothing is actually "stored" on the card other than the card number.
I know when I get a new card at Niagara (now Meridian) CU they have a special machine that asks you for a PIN to store, presumably on the card. A sequence of operator card/client card swiping takes place. The machine looks like early 90s technology and doesn't appear to be networked to anything.]]> http://www.dslreports.com/forum/remark,20653690 Mon, 16 Jun 2008 22:26:41 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20653518 Snickerdo :
said by Bender2000 See Profile :

The thieves use a strip that they insert in the card reader slot. It's quite small, and if placed right, is not even noticable. All information, including the PIN is obtained. One time, the PIN was needed (via camera or other visual means), but not anymore.
Do you have a source to back that up? The PIN isn't stored on the card, it's stored at the bank. The PIN is hashed on the ATM machine and sent to the bank where it verifies whether the hash matches on their end. This is all done on the ATM network. Nothing is actually "stored" on the card other than the card number.
--
I swear that I will faithfully and bear true allegiance to Her Majesty Queen Elizabeth the Second, Queen of Canada, Her Heirs and Successors, and that I will faithfully observe the laws of Canada and fulfil my duties as a Canadian citizen.]]> http://www.dslreports.com/forum/remark,20653518 Mon, 16 Jun 2008 21:54:43 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20653496 Bender2000 :
said by Snickerdo See Profile :

said by mlerner See Profile :

Which can happen to anyone and leads me to believe the people you know don't take any precautions.
Exactly. Everyone I know who's been skimmed has been a TD customer. That doesn't mean that TD is more prone to skimming, it just means that the people I know who use it don't shield their PIN. :huh:
You do realize that shielding your PIN does not protect you from card cloning?

The thieves use a strip that they insert in the card reader slot. It's quite small, and if placed right, is not even noticable. All information, including the PIN is obtained. One time, the PIN was needed (via camera or other visual means), but not anymore.]]> http://www.dslreports.com/forum/remark,20653496 Mon, 16 Jun 2008 21:51:06 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20653400 corster :
said by pat_lc2000 See Profile :

for all those that use PCF...it is the easiest bank in Canada to get your ATM card copied.
i'm not sure if you're aware that every bank in Canada uses the exact same technology on their cards (magnetic stripes), the PC cards are no more susceptible than any others.]]> http://www.dslreports.com/forum/remark,20653400 Mon, 16 Jun 2008 21:28:49 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20652256 Snickerdo :
said by mlerner See Profile :

Which can happen to anyone and leads me to believe the people you know don't take any precautions.
Exactly. Everyone I know who's been skimmed has been a TD customer. That doesn't mean that TD is more prone to skimming, it just means that the people I know who use it don't shield their PIN. :huh:
--
I swear that I will faithfully and bear true allegiance to Her Majesty Queen Elizabeth the Second, Queen of Canada, Her Heirs and Successors, and that I will faithfully observe the laws of Canada and fulfil my duties as a Canadian citizen.]]> http://www.dslreports.com/forum/remark,20652256 Mon, 16 Jun 2008 17:24:06 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20652014 mlerner :
said by pat_lc2000 See Profile :

My problem with PCF is that I don't know a single person that banks with them that hasn't gotten their card copied and then ripped off.
Which can happen to anyone and leads me to believe the people you know don't take any precautions.
--
"If bullshit was money this guy would be richer that Bill Gates." - quote by olebiker on Mirko Bibic]]> http://www.dslreports.com/forum/remark,20652014 Mon, 16 Jun 2008 16:38:14 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20651621 pat_lc2000 : I pay 99 cents for my BMO account due to grandfathering and things...so I play the orginal monthly price to this day (I had to look that up).

My problem with PCF is that I don't know a single person that banks with them that hasn't gotten their card copied and then ripped off.]]> http://www.dslreports.com/forum/remark,20651621 Mon, 16 Jun 2008 15:12:04 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20651113 elwoodblues : I'll give you credit, you've down well with BMO(probably helps to be a branch customer for eons too)

What is your beef with PCF? I can't say I have much in the way of complaints when it comes to them.]]> http://www.dslreports.com/forum/remark,20651113 Mon, 16 Jun 2008 13:45:48 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20650839 pat_lc2000 : My only real problem with BMO is the fact that I no longer live in the city with my orginal branch...which makes the tellers at the one I go to kind of bitchy.

for all those that use PCF...it is the easiest bank in Canada to get your ATM card copied.]]> http://www.dslreports.com/forum/remark,20650839 Mon, 16 Jun 2008 12:53:37 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20650736 nitzguy : Meh,

New customers have to have a banking plan, I know because I just signed up and it was required, so these would be from old customers, smart move on BMO's part.

To the other posters about Credit Unions, I find them eliteist and snobby and "better than you", I've been with 1 in the past and they've given me nothing but grief, terrible hours, and "hands tied" attitude from my "Personal Banking Representative".

BMO's been amazing in comparison, sure I pay $13/mth for their unlimited banking plan, but compared to Scotia, TD, etc, they've been pretty good, I had an issue with my ATM card right away and they fixed it up and we had a chuckle about my temporary password "6696" it was, but I mis-read it as "9969" and locked myself out, the rep had never seen that happen before...

They've been friendly when I go in there for deposits, to make withdrawls, they don't seem to mind at all to Snickerdo's issue...guess it depends on the branch.

But so far, no issues with them, I was short unfortunately by $8.76 on my car insurance payment, my mis-calculation, and they were nice enough not to bounce it back and plunk $35.00 NSF onto my account...

So overall, +10 for them, and this is just much ado about nothing as I recieved the exact same thing in the mail.

To the ones who use PCF...good luck....I don't even want to get into my tale about that ripoff organization.]]> http://www.dslreports.com/forum/remark,20650736 Mon, 16 Jun 2008 12:34:09 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20650218 IamGimli :
said by Gramzster See Profile :

From what I read, that's a $5.00 charge if you withdrawl from SAVINGS. To get around that, transfer the money to your chequing account you want to withdrawl and then withdrawl from your chequing.
Not only that but only on their PREMIUM RATE SAVINGS account, which is a special ING-like account with high interest rate meant to put money into, not getting it out.]]> http://www.dslreports.com/forum/remark,20650218 Mon, 16 Jun 2008 10:49:01 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20641567 lawrence171 : How did she react to that?]]> http://www.dslreports.com/forum/remark,20641567 Sat, 14 Jun 2008 03:56:12 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20641480 capdjq : I use Coast Capital Savings, a Trust Company, in Vancouver for all Banking transactions. Free Chequeing and no Bank transaction, bill payment fees. They have numerous outlets in Vancouver so are very convenient.
However, I wish the Banks every success and large profits cause I own Shares in BOM, Royal and TD. But I will never use them. :D
--
Religious War - The battle for best imaginary friend]]> http://www.dslreports.com/forum/remark,20641480 Sat, 14 Jun 2008 02:43:17 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20640677 elwoodblues : What got me years ago..

I was with Mbanx, BMO's "Virtual bank" for 12 bucks a month everything was covered, cheques, bill payments, withdrawls (no matter where) etc.

Then one day in the summer (over 10 years ago) I get a letter stating that rates were going up and that the had done a survey that the average person only used 5 Interac transactions a month.

So they were going from UNLIMITED to 5 transactions. WTF is that? So I started looking for a new bank... now I'm not stupid,but it was nearly IMPOSSIBLE to to compare.

One was free if it Snowed on a Tuesday in July, but only if the sun was shining at the same time.

The other was free on that same Tuesday, but it had to be below -50

Stupid yes, but you get the point.

What this is really about is the massive losses they have taken on the Subprime and ABCP markets.. somebody has to pay and it's not going to be them.]]> http://www.dslreports.com/forum/remark,20640677 Fri, 13 Jun 2008 22:23:01 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20640668 elwoodblues : I can't agree more.. been with them for a long long time..
Script readers on the phone, but otherwise things are great]]> http://www.dslreports.com/forum/remark,20640668 Fri, 13 Jun 2008 22:20:07 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20640667 elwoodblues : But keeping the minimum balance in your account actually means it is costing you money, since the bank now has access to that balance "free of charge"]]> http://www.dslreports.com/forum/remark,20640667 Fri, 13 Jun 2008 22:19:11 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20639955 Gramzster : From what I read, that's a $5.00 charge if you withdrawl from SAVINGS. To get around that, transfer the money to your chequing account you want to withdrawl and then withdrawl from your chequing.]]> http://www.dslreports.com/forum/remark,20639955 Fri, 13 Jun 2008 19:23:10 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20639942 dirtyjeffer : we have dealt with BMO for several years now without any real issues...we also have a plan that includes everything we use for about $13/month...that said, when the mortgage is up for renewal in a couple of years, i am seriously looking at a "One" account like the ones Canadian Tire Financial Services or ManuLife offer.
--
Best Marketplace Ever: »www.cbc.ca/marketplace/speed_bumps/]]> http://www.dslreports.com/forum/remark,20639942 Fri, 13 Jun 2008 19:19:02 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20639652 macedon : i have been using »www.pcfinancial.ca/ over 2 yrs now

no fees, no limits ,no complains, i can leverage CIBC ATMs for Free; just perfect from my perspective

but then again it depends on your needs...
--
"I am the lizard king. I can do anything."

Thats right, playing some old school on my mp3. Do you have problem with that?]]> http://www.dslreports.com/forum/remark,20639652 Fri, 13 Jun 2008 18:13:29 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20639548 Ian :
said by Stewy See Profile :

I think it stinks because the less fortunate pay through the nose and those like me who keep the minimum balance pay nothing.
The less fortunate generally get "the shaft" in all manner of financial services. They get the worst interest rates. And yeah, if you keep $-50.00 to 250$ in your account at any given time, your bank fees will be high.

But there's a reason for that. Interest rates are high because default rates are high. Fees are higher in small accounts because banks make money by lending out yours. They don't make much lending out $200 on top of the overhead to maintain an account.

The alternative would be for the "more fortunate" to even more highly subsidize those services. And of course, opinions would vary as to the fairness of that.

Just add it to the general pile of reasons why it's better to have money than to not. ;-)
--
“Any claim that the root of a problem is simple should be treated the same as a claim that the root of a problem is Bigfoot. Simplicity and Bigfoot are found in the real world with about the same frequency.” – David Wong]]> http://www.dslreports.com/forum/remark,20639548 Fri, 13 Jun 2008 17:52:12 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20639426 digitalfutur : The thread title read like a Toronto Star headline, but the details tell a far different story.

The big rate increase is only for one type of account that most people don't have.
--
All that is necessary for the triumph of evil is that good men do nothing - Edmund Burke. "Walk the Talk".]]> http://www.dslreports.com/forum/remark,20639426 Fri, 13 Jun 2008 17:29:40 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20639324 Snickerdo :
said by Jolie See Profile :

Am I reading that right? You will be charged 5.00 as well if you go inside the bank and make a withdrawal through a teller or is that something different? (underneath the ABM cash withdrawal item)
You read that correct. BMO is an absolutely horrible bank. I remember having an account with them several years ago. I went in to deposit a cheque and the woman bitched and moaned about how I should have used the ATM instead, even though I was paying the higher fee to have it done in person as I didn't want to have it held. She was so rude that I immediately requested all my cash withdrawn and I closed the account right then and there. Good riddance.
--
I swear that I will faithfully and bear true allegiance to Her Majesty Queen Elizabeth the Second, Queen of Canada, Her Heirs and Successors, and that I will faithfully observe the laws of Canada and fulfil my duties as a Canadian citizen.]]> http://www.dslreports.com/forum/remark,20639324 Fri, 13 Jun 2008 17:07:12 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20639275 Stewy :
said by Ian See Profile :

Seems to me they're strongly encouraging you to have a plan.
I pay absolutely nothing since I have the premium plan and keep the minimum balance in there.

I think it stinks because the less fortunate pay through the nose and those like me who keep the minimum balance pay nothing.]]> http://www.dslreports.com/forum/remark,20639275 Fri, 13 Jun 2008 16:56:45 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20638780 idlewillkill : It reads to me that that's the increase for the premium savings plan. It looks like for other plans, the fee is going from $.60 to $.65.]]> http://www.dslreports.com/forum/remark,20638780 Fri, 13 Jun 2008 15:27:31 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20638505 Jolie : Am I reading that right? You will be charged 5.00 as well if you go inside the bank and make a withdrawal through a teller or is that something different? (underneath the ABM cash withdrawal item)]]> http://www.dslreports.com/forum/remark,20638505 Fri, 13 Jun 2008 14:45:01 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20638464 AR : Wow....just wow....when they are going free on ATMs in the US, this comes up? Should I start stacking cash under the mattress now?

I'm sure TD's going to one up them somehow...]]> http://www.dslreports.com/forum/remark,20638464 Fri, 13 Jun 2008 14:36:15 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20638448 Ian : Seems to me they're strongly encouraging you to have a plan. If that doesn't work for you, shop around for a new bank, I guess.]]> http://www.dslreports.com/forum/remark,20638448 Fri, 13 Jun 2008 14:32:04 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20638428 Thane_Bitter : WOW!! :mad:
I hate RBC however, they are offering a free* ASUS mini-PC if you set up an account (read the fine print first!)

Anyone want to place a wager on when banks will start charging for deposits?

*terms and conditions apply, See: »www.rbcroyalbank.com/products/de···C4FBB57D
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...A bitter ray of sunshine]]> http://www.dslreports.com/forum/remark,20638428 Fri, 13 Jun 2008 14:28:08 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20638256 mlerner : That's why I'll never use a major bank.]]> http://www.dslreports.com/forum/remark,20638256 Fri, 13 Jun 2008 13:50:20 EDT Re: [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20638239 HiVolt : Thats ridiculous.
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,,!,,('-'),,!,,]]> http://www.dslreports.com/forum/remark,20638239 Fri, 13 Jun 2008 13:46:20 EDT [Rant] BMO ATM fees going from $0.85 to $5.00 per use - WOW http://www.dslreports.com/forum/remark,20638207 Stewy :
Just got this in the mail today and went online to check and I can't believe it.

If you don't have a plan, the ATM fee is going up from .85 cents to $5 per use.

I have a plan but some don't, I though that .85 cents was expensive but this is over the top.
]]> http://www.dslreports.com/forum/remark,20638207 Fri, 13 Jun 2008 13:42:00 EDT