I recently received notice that I exceeded the 6 transaction limit for transfers to and from my online savings. This triggered a $10 fee.
I called to see if they would waive the fee. WAMU advertises they will waive one overdraft fee per year.
NO, they won't waive an excess activity fee. What a misleading policy. I had no idea there was a limit of 6 transfers per statement period.
I plan to file a complaint with the Washington Attorney General as well. Seems like misleading and deceptive to me.
I can limit the number of transfers each month, but feel I need to have known of the policy first.
Monetary Loss: $10.