I hate paying bank fees. I understand that banks need to make money, and I have benefited through investments when certain banks to make money, but do they really have to charge me for storing my money in their institution? I don’t see why I should pay $12/month for a chequing account that never goes in to the negative, if I happen to not keep the required $2500 balance every day of the month…
If I can take that $2500 and make over 6.25% on it, that would make the bank fees come out in the wash (someone may want to check my math on that one…), but if I keep $2500 in the chequing account, that money is doing nothing for me. Sure, my net worth is $2500 higher than if that was $0, but that $2500 of net worth is not working for me. And I want my money to work for me… not just make money for a bank…
All-Round Better Me 