Comments on: Who Takes Back Pennies? http://www.thesunsfinancialdiary.com/investing/who-takes-back-the-pennies/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunhttp://www.thesunsfinancialdiary.com/investing/who-takes-back-the-pennies/#comment-13323 Sun Sat, 07 Jul 2007 19:28:19 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/who-takes-back-the-pennies/#comment-13323 Minimum Wage: I am afraid I don't have the exact answer you need, but I feel that using trial deposit is just for quick processing and convenience. You can always use traditional method such as mailing back a mail for exactly the same verification purpose. I like trial deposit because I don't have to wait a week to use the account. Minimum Wage: I am afraid I don’t have the exact answer you need, but I feel that using trial deposit is just for quick processing and convenience. You can always use traditional method such as mailing back a mail for exactly the same verification purpose. I like trial deposit because I don’t have to wait a week to use the account.

]]> By: Minimum Wagehttp://www.thesunsfinancialdiary.com/investing/who-takes-back-the-pennies/#comment-13038 Minimum Wage Thu, 05 Jul 2007 07:53:11 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/who-takes-back-the-pennies/#comment-13038 Question: My credit union rejects deposits less than $1. (I discovered this when PayPal verification deposits were not received.) What do they do if their deposits are not accepted? Question: My credit union rejects deposits less than $1. (I discovered this when PayPal verification deposits were not received.) What do they do if their deposits are not accepted?

]]> By: MoneyNinghttp://www.thesunsfinancialdiary.com/investing/who-takes-back-the-pennies/#comment-12713 MoneyNing Mon, 02 Jul 2007 05:49:16 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/who-takes-back-the-pennies/#comment-12713 It does make sense for the bank to take back the cash. Imagine that you made 100 accounts, and then you would add 99 balance transfers to each account. Let's say you get $1 for each balance transfer setup, after 100 accounts, you would be getting like $10k free.(I actually thought about doing this when I first had those online saving accounts, but some of my accounts took the money back, and it destroyed my amazing money making idea). It does make sense for the bank to take back the cash. Imagine that you made 100 accounts, and then you would add 99 balance transfers to each account. Let’s say you get $1 for each balance transfer setup, after 100 accounts, you would be getting like $10k free.

(I actually thought about doing this when I first had those online saving accounts, but some of my accounts took the money back, and it destroyed my amazing money making idea).

]]> By: Sunhttp://www.thesunsfinancialdiary.com/investing/who-takes-back-the-pennies/#comment-12700 Sun Mon, 02 Jul 2007 02:02:59 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/who-takes-back-the-pennies/#comment-12700 Shadox: True, it's not my money, but I consider it a good gesture if they like me keep it. Speaking of costs, everybody probably get dozens of junk mails from banks, brokers, credit card companies every month. When I get those mails, I only take a quick look then shred it. Do you think banks should send out less junk mails that nobody is going to take action with them and save some money on postage and print and paper as well? There are many places they can save 40 cents. Shadox: True, it’s not my money, but I consider it a good gesture if they like me keep it. Speaking of costs, everybody probably get dozens of junk mails from banks, brokers, credit card companies every month. When I get those mails, I only take a quick look then shred it. Do you think banks should send out less junk mails that nobody is going to take action with them and save some money on postage and print and paper as well? There are many places they can save 40 cents.

]]> By: Super Saverhttp://www.thesunsfinancialdiary.com/investing/who-takes-back-the-pennies/#comment-12682 Super Saver Sun, 01 Jul 2007 14:11:38 +0000 http://www.thesunsfinancialdiary.com/investing/brokerage/who-takes-back-the-pennies/#comment-12682 Sun,On a tangent, it is a bit concerning that Zecco was able to take out the money without any additional authorization from you. What if they had added 3 or 4 zeroes inadvertently, and took $4000 from one's account? I'm sure one would get it back, but it still would be a headache. Sun,

On a tangent, it is a bit concerning that Zecco was able to take out the money without any additional authorization from you. What if they had added 3 or 4 zeroes inadvertently, and took $4000 from one’s account? I’m sure one would get it back, but it still would be a headache.

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