TD Bank is not exactly going the way of Bank of America with debit card fees. However, customers are being driven away. Customers all over the industry, including TD Bank customers, are being driven away by increasing fees on their checking accounts rather than debit card transactions.
TD Bank is one of the bigger banks in the industry with banks across the eastern seaboard from Florida to Maine. The raised fees for their checking accounts aren’t for their everyday transactions. However, nearly all of the increases drive fees for customers into the double digit realm.
Customers are seeing the following increase; wire transfers increased to $15, certified checks will cost customers $8, money orders increased to $5 and stop payment fees will cost $30. There is also a limitation to the number… » Read more