Originally Posted By Dabob2 I opened an account in a mid-sized bank that was offering somewhat better interest than my primary one. It was just some money I figured I'd park there and let it get that better interest rate. Imagine my surprise when I started getting charged $2.50 per month for NOT making any transactions. "Dormant account fee," don't you know. You read that right. For the massive labor and obviously huge cost involved in doing absolutely NOTHING to my account, they charged me $2.50 a month. And, of course, all that while they HAD my money to lend out at interest rates far higher than they were giving me. I had more than the minimum amount for "no fees," had I actually used the ATM even once a month. But by not using it or making any transactions at all, the $2.50 kicked in. The whole thing just struck me as absurd, but when I complained, I was told that it was indeed explained in my contract. Reading the microscopic print somewhere in paragraph 54 out of 97, I discovered it was true. Major "caveat emptor" moment. As well as a "I freaking hate these banks" moment.
