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TD Bank New Fees Coming March 01, 2016
January 21, 2016
11:51 am
Yatti420
Canada
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TD Bank New Fees Coming March 01, 2016..

Just Crazy.

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http://s11.postimg.org/6av83as....._49_59.png

Screenshot attached.

January 21, 2016
1:09 pm
Koogie
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I got notice as well for my small business accounts.

Just another reason to buy their stock....sf-cool

January 21, 2016
1:34 pm
Wiiliam
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Here we go .... Big banks trying to increase their margins to hit yearly bonus targets

January 21, 2016
2:33 pm
rhvic
Victoria, BC
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And just WHY would anyone have an account at such a bank? If you need it for some reason, then keep the bare minimum in it.

My friend has an account at TD, and recently they raised the minumum balance on her account to an absurd level if one wishes to avoid paying certain fees. The interest rate they then pay is about 0.05% or some other ludicrously low figure.

I was in a TD branch recently and asked them for the rate on their high interest savings account. When the fellow told me it was 0.55%, I told him he must have misheard me - I had asked for "high interest savings". Eventually he just smiled.

January 21, 2016
3:16 pm
xxxx
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Koogie said

I got notice as well for my small business accounts.

Just another reason to buy their stock....sf-cool

Agree with you - diversifying one's investments with TD shares (or one of the other large banks) is a very good strategy. Cdn banks will continue to do well - pay great dividends and will appreciate in value. At least when we pay service charges, we get something back in our shareholdings of the bank.

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