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alee

Member Since 10 May 2005
Offline Last Active Aug 25 2010 01:16 PM
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Topics I've Started

How to avoid problems when closing NetBank accounts?

30 October 2006 - 06:04 PM

I've had my NetBank checking and money markets accounts open for over six months, so it's now time for me to close them. I'd like to know the best way to do this while incurring as few charges as possible.

If I just transfer all of the money out of my accounts to another bank, and then send them a letter by snail-mail telling them to close my account, will NetBank charge me for having less than $500 in my money market account? Will they demand the $7.50 account closing fees for each account if I don't leave that much in my accounts?

Is there a better way to close my accounts?


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