Email I received this morning:

Date: Thu, Mar 19, 2009 at 11:45 PM
Subject: New reply: "Bank-imposed fees for over-the-limit withdrawals from savings"

Mike Ferrari, an employee of SmartyPig, replied to Bank-imposed fees for over-the-limit withdrawals from savings, a problem about SmartyPig.

@Wabisabichan and @Ben,

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I suggested a change to SmartyPig a while back after getting hit by fees from Bank of America. I had the auto-deductions going from my savings account. The fees came when I had more than 3 deductions that month from savings....the federal limit is 6 withdrawals. Who knew? So I asked them to add a line of text warning people about it....after ONE  ( Read more... )