Wednesday, June 23, 2010


Ramit has a very strong opinion about banks. His second chapter is devoted to "Beating your Bank." I have never had that strong of an opinion about banks. I had an account with Bank of America in college and on through my first job but then I was charged a $30 fee on a one penny overdraft and that soured my taste for them. According to Ramit it right well should have!

He says, no fees, no overdraft charges, large interest rates - that is what the goal is.

I belong to a credit union which is good unless they have fees. I screwed up last month and I had overdraft fees (used the debit before the paycheck was deposited - I swear I am like a small child when it comes to finance...somebody needs to put me in the naughty corner!)

Anyhow, emboldened by my recent success at lowering my APRs with my credit card I called the bank to get the overdraft fees waved.

This is a small credit union where they know us by name and even have called us when there was suspicious spending on our card (our card number was highjacked at a local gas station and someone was spending right through Mexico - jackasses!)

This call was going to be so hard. I found it easy to be tough with Jana, a person I never met before but to be tough on the sweet ladies from my own credit union?

I made the call. I talked to Diana and told her that I made a mistake but that I wished to have the overdraft fees deposited back into my account.
She told me I had to put a letter in writing for a review. I asked if email would do and she said yes.

I wrote:
Dear Diana,
I would like my overdraft fees reversed and the money to be deposited back into my checking account. It was a mistake that will not happen again. I have been a member of this Credit Union for a very long time and do all of my banking through this credit union. I appreciate your help in this matter.

I called back later that day and she said she would call me the next day.
She never called but the charges were deposited back into my account that day.

Now do you see why I am crushing on Ramit! He is a genius!

Now I need to research banks. Ramit loves him some online banking...I guess I am going to have to research that.

As I wrote yesterday, I finished the book Julie and Julia and I watched the movie afterwards. (I like to do that read the book then watch the movie.) I really liked it. I like how they showed the life of Julia Child a lot more than inthe book...she was an interesting woman. My favorite quote from the movie - Julie: "I am such a bitch." friend reply (what was her friend's name anyway...did they ever actually say it?) "yes, you are." Julie: "Do you really think I am a bitch?" Friend: "Yes." Julie: "I know."

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