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A good thing comes to an end...

May 4th, 2007 at 09:26 pm

A few years back, I opened up savings accounts for my kids at Affinity Bank in California. They had a special program where the first $500 earned 10%. I received a letter in the mail today stating that they've changed the program requirements and, in order to keep that rate, the custodian of the account (me) needs to have a "Gold Checking Account". Minimum balance is $500 and there's an $8 fee per quarter if you don't meet it.

I suppose if I lived in California and needed a regular checking account, this might be a good deal, but given that I'm in NJ, it's not that hot. So I'm going to write them a letter asking them to close the accounts and forward me the money. Bummer. At least it was good while it lasted.

I see that I haven't posted for a while. The Communion is Sunday, so I've spent most of my spare time taking care of the last minute details associated with that. Hoping to be more in the swing of things in the middle of next week.

In the meantime, we did pay off the HELOC with Hubby's bonus ($6300+), so that's cool. Still waiting for my NYS tax return to come in. I asked for it to be sent electronically. I'm assuming that since I waited to the last minute with everyone else, they're running a bit behind.

2 Responses to “A good thing comes to an end...”

  1. DivaJen Says:
    1178386394

    I got the same letter. I will be closing my account as well. But thank you to you for pointing it out to me. 10% interest for one year was still a great find!

  2. boomeyers Says:
    1178420051

    Too bad about the account. No fair when they change the rules mid stream.
    Enjoy the first Communion fun! We will be doing Confirmation the same day!
    Congrats on paying off the HELOC! Smile

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