The Downside of TCF Bank
Posted: Thu Jul 10, 2025 3:05 am
There is also a “senior” interest-bearing checking account. It does have a monthly maintenance fee, which is waived for clients with over $200 direct deposit into their accounts or those who make at least 15 withdrawals a month.
The IRA products of TCF do not have any monthly maintenance fees and even have competitive interest rates. However, like other IRA, you are charged a penalty for early withdrawal. There is also a maximum contribution limit.
TCF has automatic transfers, for which you can set a fixed amount and the frequency of transmission. You can transfer from your checking to your savings account. This type of transfer is convenient because you phone number database don’t have to keep repeating the process yourself.
The prepaid Visa card of TCF also helps clients stay on the budget. So long as your card has a load, you can use your card like you would any other credit card.
The alerts that TCF online banking allows you to know when transactions are happening with your account. You can set it, so you are notified regularly about your balance. This feature is convenient for those who do not regularly check their accounts.
The fees that TCF charges could be steep. An overdraft could go as high as $37 per day. The bank could charge such fees up to five times a day for every transaction that exceeds your balance.
The IRA products of TCF do not have any monthly maintenance fees and even have competitive interest rates. However, like other IRA, you are charged a penalty for early withdrawal. There is also a maximum contribution limit.
TCF has automatic transfers, for which you can set a fixed amount and the frequency of transmission. You can transfer from your checking to your savings account. This type of transfer is convenient because you phone number database don’t have to keep repeating the process yourself.
The prepaid Visa card of TCF also helps clients stay on the budget. So long as your card has a load, you can use your card like you would any other credit card.
The alerts that TCF online banking allows you to know when transactions are happening with your account. You can set it, so you are notified regularly about your balance. This feature is convenient for those who do not regularly check their accounts.
The fees that TCF charges could be steep. An overdraft could go as high as $37 per day. The bank could charge such fees up to five times a day for every transaction that exceeds your balance.