Re: Show savings accounts transaction limits in Online Banking

My name is Timothy A Fork and i need to start an account if I could get some help here with this ok


@Snale wrote:

Both my kids are in college and learning how to manage their money. Their initial instinct was to keep most of their money in their savings accounts and then do a mobile transfer to checking when they need money to spend. Just in the past month or two, both have been penalized for exceeding the allowed limit of 6 transactions. Why is there a limit? Why are their multiple penalties with no notification (like email or text)? Living on tight budgets and trying to only spend what was necessary should not incur penalties. How about implementing a warning system at least?


 

2 REPLIES 2
Community Manager

Re: Show savings accounts transaction limits in Online Banking

@Forktimothy01  Thanks for considering BECU! You're welcome to start an application for membership by opening the link below and then clicking the red button that says "Open an Account". The site will walk you through the steps to complete. If you have any questions, please let us know. Thanks, JohnS

 

https://www.becu.org/everyday-banking/Checking

 

 

Sightseer

Re: Show savings accounts transaction limits in Online Banking

I have the same issue with my teenagers.