Edgeman
Chico,#2Consumer Comment
Mon, November 03, 2008
This fee is charged to anyone who doesn't have an account whether they are a student or not. This fee has also been in place since at least 2002 as that is when I was first told about it. I agree with Jim. There is no rip-off here. Your daughter might consider opening an account at Bank of America since it's closer to campus than her regular bank is.
Jim
Anaheim,#3Consumer Comment
Mon, November 03, 2008
The bank charges a fee for performing a service to a non-account holder. If she were an account holder, then she would not be charged a fee. The fact the check was drawn against a BofA account is irrelevant - there is no way the bank would know there is money in the account when your daughter presents a check. She would be advised to open a small account that incurs no fees and earns no interest. She can then go to that bank and cash checks free of any fee.
Jim
Anaheim,#4Consumer Comment
Mon, November 03, 2008
The bank charges a fee for performing a service to a non-account holder. If she were an account holder, then she would not be charged a fee. The fact the check was drawn against a BofA account is irrelevant - there is no way the bank would know there is money in the account when your daughter presents a check. She would be advised to open a small account that incurs no fees and earns no interest. She can then go to that bank and cash checks free of any fee.
Jim
Anaheim,#5Consumer Comment
Mon, November 03, 2008
The bank charges a fee for performing a service to a non-account holder. If she were an account holder, then she would not be charged a fee. The fact the check was drawn against a BofA account is irrelevant - there is no way the bank would know there is money in the account when your daughter presents a check. She would be advised to open a small account that incurs no fees and earns no interest. She can then go to that bank and cash checks free of any fee.
Jim
Anaheim,#6Consumer Comment
Mon, November 03, 2008
The bank charges a fee for performing a service to a non-account holder. If she were an account holder, then she would not be charged a fee. The fact the check was drawn against a BofA account is irrelevant - there is no way the bank would know there is money in the account when your daughter presents a check. She would be advised to open a small account that incurs no fees and earns no interest. She can then go to that bank and cash checks free of any fee.