April 6, 2013
So, while they all claim to be innovators, they are really all just imitators.
Monkey see, monkey do, but they're all after the Top Banana!
I suspect they realize that there isn't anything in it for beating all their competitors and there is actually more than one banana at the top.
There's no difference between finishing first and tying with the best finish. Either way, one goes home with a gold metal. Not like one gets two gold medals for finishing first instead of tying for first!
September 6, 2020
With those minimum balance amounts, I think if you drop below the threshold for even a second, e.g. they process your monthly rent payment a micromoment before your paycheque goes in, then the fees for the whole month kick in. Happened to me once, many years ago, and TD branch person reversed it for me, said they'll reverse it only the first time it happens. I've always kept a comfortable cushion in there since then.
A couple years ago I added overdraft to my chequing account. The next month I went one cent below zero. I made up the difference before my statement date. No fee. No interest. Cheaper than an NSF. Now i keep a large balance in my chequing account.
Have a Great Day