That number likely is the one time charge...say 10% of cash withdrawal...+ interest rate...
This bank deserves to be boycotted for even offering such a card. Closing bank accounts and transferring out balances from them might send the message that we are not sheep.
This offer is completely outrageous. But instead of having government regulate it, just take current business away from it.
If depositors move to other institutions that would send a better message than any regulator could.
Banks that issue credit cards spent 100 million on politicians to get their way on everything.
“Dana Dykhouse, President and CEO of First Premier Bank”
Don’t know why he doesn’t just call it “First Premier Dykhouse”
They're so sleazy tho....instead of just increasing her limit, every month they send her a new card (the cardboard one) and tell her she's such a good customer, she gets to have TWO accounts with them - complete with an additional $14 in fees every month!
Mrs. Prince of Space
caveat emptor....let the buyer beware.