You know what grinds my gears? It’s bank rates. Not just rates, but fees too.
I used to have the bank known as “State Bank of (insert my hometown here)”. Obviously my hometown is not a state, but still, they had decent rates. And they were the only game in town. Then Lasalle bought them out. Then Bank of America bought them out.
Both of those banks charged me “convenience fees” for just about everything I did. Go to an ATM owned by Lasalle or BOA? $2. Go to a teller to deposit money? $4. Chew food with my mouth open? $15. Write 6 checks in a month? $10. The list goes on and on.
Also, my savings account at Lasalle/BOA was earning a whopping .19% interest. No, you didn’t read that wrong – 0.19% (.0019 in math terms). I’d almost have better luck earning from saving by throwing my money at random people on the street and see what they throw back. Almost.
These are the same banks (Chase, BOA, ETC) that charge 27% interest (.27 math) on the credit cards. Forget to pay on time? They hit you for a $35 “lack of payment fee” on top of the 27% interest. What good is that shit?
And that’s what grinds my gears.