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Old July 7th, 2009
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Default Re: Coming to a bank near you? -.25% interest rates

Quote:
Originally Posted by goofin View Post
thats not being a smart ass. yes it is for protection but its one of the things i do not like about it. i can go in and withdraw as much as i want(as long as its mine) i have no limit on a purchase, but limited on cash withdraws at a atm. it can be a pain.
But you could also walk into the branch office and take out as much money as you like with no penalty and no surcharge. You could get a $1,000 deposit every single day, and withdrawl $900 every single day if you liked, with no extra 'fee' to do so. Very different from the european model as discussed, where you have to 'pay' if you take out more than you're allottment per year.

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