HSBC sent me a letter. No more free checking. It will now cost $3 a month

[ohiodemocratic]

Banks will find new ways to make up for the losses brought to them by the Credit Card Act that will take effect in February. Scumbags.

[CaliforniaPeggy]

1. Have you looked into joining a federal credit union?

I think they do better than the big banks at this sort of thing.

[ohiodemocratic]

13. Yes. I'm looking to join one

I'm in the process of transferring.

[petersjo02]

2. Consider moving your money

to a local credit union. CU's aren't focused on high profits as big banks are. They'll treat you right.

[SoCalDem]

3. Find a small local bank..You'll probably find your free checking

and a lot better service too..

and then do your banking online..no checks at all to fuss with, and a very good record of all your spending:)

[4dsc]

4. Credit union nt

[alfredo]

10. I second that. I'm a member of the Postal Credit Union.

[notesdev]

5. Move your money

You also have the ability to make unilateral changes to the business relationship between you and your bank. Move your money to an institution that deserves to stay in business, which would be non-bailout banks and credit unions.

[riverbendviewgal]

6. I have free checking because I am a senior

that is in all Canadian banks.

When we are 65 we get to pay 100 bucks a year and then every prescription, no matter what it is , is only 2 bucks.

I love Canada...

watch the Olympics.

I cried today when I watched the Olympic song being introduced.
If you can watch the video, do it. It is so inspiring.

I am American born but Canadian by choice.

I never regret it.

[RKP5637]

8. I love Canada, but here. n/t

[SoCalDem]

14. I wish I had made a similar choice years ago..

If you retire in Canada & buy property, can you get citizenship? The online "test" pretty much eliminated us:(...but we could afford to buy a home there to retire in..

[Skittles]

7. MAKE A STATEMENT

MOVE YOUR MONEY

[Statistical]

9. Move your money. It is the only way they will change.

Get 2 million people to move their accounts with average daily balance of only $500 and that is a cool billion.

Billion here, billion there pretty soon you are talking really money.

[quinnox]

11. Drop them like a hot potato

No one should be paying anything for a standard monthly checking account. I am a member of a credit union and it is free. There are probably small local banks in your area too that would give free checking.

[WatchWhatISay]

12. I'm waiting for my letter from Chase

As it stands now, because my husband has a CD there (paying almost no interest, of course) we never get overdraft charges. Instead they just transfer an advance from our Chase credit card into our checking account.

So even though they are paying us .01 percent on that checking account we save hundreds each year not having to worry about overdraft fees.

I'd love to go to a community bank, but this deal is just too good to pass up. But I figure it won't be long before they start charging for that advantage, and I'm almost hoping it is enough to make us just walk away.