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rippybongglockings t1_j1qylw0 wrote

Reply to comment by Salt-Description-387 in Good credit unions ? by perfectlyniceperson

That’s not true. You’re only charged a dollar if you have overdraft from savings to checking. If you don’t keep a balance in your checking account and swipe your card, it will pull from savings and charge a dollar after 3 automatic transfers. This does not apply if you transfer money on your own.

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Salt-Description-387 t1_j1rwe5w wrote

It’s entirely true. I’ve never had an overdraft. Maybe they’ve changed things since then, but this was how it was for years with them. I probably use a debit transaction 3 times a month now but they told me after the 12th or 13th debit transaction they start charging a dollar to the account holder because it costs them money. They suggested running it as credit so that the merchant gets charged the transaction fee instead.

Edit: I’m willing to admit when I am wrong, and I am wrong on this. I emailed them and asked if they had changed it. They said they no longer charge $1 fee after so many debit transactions.

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