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They changed my savings to everyday checking. What does this

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Thread replies: 15
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They changed my savings to everyday checking. What does this mean? Please help.
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>>976948
i have no idea but stop fucking using apple
>>
>>976948
It means you should call your bank and ask for more information
>>
>>976948
A) Call your bank's help line (and/or just visit the bank) and ask them what happen
B) Learn how to take cellphone pictures in landscape, it could save your life someday!
C) Stop being a macfag
>>
>>976948

>Using a bank and not a credit union

why
>>
>>976948
>taking pictures of your monitor in the year 2000+15
>>
>>976948
You likely violated reg d. Too many violations and the bank has to convert. They usually try to warn you.
>>
>>977278

the iphone was invented for taking pics of your mac screen otherwise you can't share a snapshot of your screen with other people
>>
>>977251
Are credit unions really better? I've been hearing bad things about them lately.
>>
>>977661
Kek

>>977683
What bad things? CUs are the way to go. Lower interest rates and they don't nickel and dime you with fees.
>>
>>977644
This
You've had too many transactions for it to remain a savings account
There's a reason banks offer checking accounts and savings accounts
Look up Reg D for consumers

I'm an Indian guy here. Done projects for Discover Financial Services.
>>
>>977251
More Berniefag bullshit. Some of us need what a bank can offer, not a credit union
>>
Student checking accounts only last X number of years before converting to regular savings accounts
>>
>>976948
>saving account = high interest account for saving money you don't touch frequently
>checking account = regular account you use for day to day buying and cash withdrawals
They probably changed your account from savings to checking due to some kind of activity rules.
>>
>>976948
This happened to me
I don't see any disadvantage with it
Now I can do unlimited transfers between my accounts without any fee

Keep it that way
Thread posts: 15
Thread images: 1


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