How I Saved Two Cents
By DONALD DeMARCO Banking can be an educational experience. In my most recent adventure, I requested cash for a small check. The teller informed me that she must first deposit the check into one of my accounts before she could withdraw it and hand me the cash. If she deposited the check into one particular account which pays a minuscule interest rate rather than another which pays virtually nothing, I would be charged $5.00 if I made a second withdrawal from that account before the month was over. I wisely chose the account with the pauper’s interest. It all seems so terribly arbitrary! The check included 37 cents, which, since Canada has taken the penny out of circulation, could not…Continue Reading