Is it bad that you hated your bank so much that you were happy to see it tank?
During my year abroad, I began a hate-hate relationship with WaMu. It began in China when they refused to lift a hold on my account, so I could pull money to eat. It was capped off when it took me 11 calls from India to have my debit card replaced. And when I needed to pay my security deposit for my new digs, three phone calls to the company all ended with assurance that my daily limit had been lifted…but still with the limit in place every time I tried to use the card.
Two weeks ago I had yet another problem with them, and I was going to pull all my money from WaMu before the 10-day rush happened…and have to go through the rigamarole of opening checking and savings accounts elsewhere, waiting for a new debit-card, and rearranging my direct deposits.
Now, though, I can just sit back and wait for someone to do all that for me. And I never have to deal with WaBoo again.
On another money note, I came across a site that calculates the difference in taxes people would pay under the two presidential candidates. It’s around a $1000 difference for me…what about you?
I have had the exact same experience with Bank of America. So if you find a good bank for living abroad let me know!
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I haven’t had this experience with a bank, but I did do a little happy dance when Rhodes Furniture filed for bankruptcy. I had such a terrible customer service experience with them that I felt vindicated when they went under a year later. Don’t feel guilty; some companies are just terrible!