Complaint Review: TD Bank - Select State/Province
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- TD Bank East 64th Street at Third Avenue, New York, NY Select State/Province USA
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- Category: Banks
TD Bank Avoid their coin counting machine called the Penny Arcade New York New York
*Consumer Comment: Where is the RipOff?
*Consumer Comment: What's the ripoff?
*Consumer Comment: You have a couple of choices....
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TD Bank has a coin counting machine in many of their branches. They have tried to be very friendly to both customer and non-customers providing paper currency for coins for free for many years. No more! Several years ago a charge was instituted. But The video screen still say in big letters FREE. But in smaller letters adds "to TD customers".
Below that in tiny letters it says there is a 8% service charge for non-customers. That is up from 6% two years ago. So if you are customer,they pay you 0.05% on your deposit and for tiny interest rate you get to use the Penny Arcade for free. If not, they snag you for 8%.
No wonder people today call bankers "banksters". Count your change yourself.
This report was posted on Ripoff Report on 09/23/2013 12:53 PM and is a permanent record located here: https://www.ripoffreport.com/reports/td-bank/select-stateprovince/td-bank-avoid-their-coin-counting-machine-called-the-penny-arcade-new-york-new-york-1086671. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#3 Consumer Comment
Where is the RipOff?
AUTHOR: Robert - ()
SUBMITTED: Monday, September 23, 2013
They are providing a service. The fee for this service is 8%, but if you are a customer they waive any service fees. You have a choice, either get an account at their bank, go to another "coin counter" that probably charges at least 8%, or go to your bank that won't charge you any fees.
Perhaps you are you the type of person who goes into a sit-down resturant, orders a glass of water, and after you drink it get up and leave without paying? After all they give free water to their cusotmers ordering meals so how is that any different than what you are saying the bank should do..right?
#2 Consumer Comment
What's the ripoff?
AUTHOR: Crucible - ()
SUBMITTED: Monday, September 23, 2013
According to you, they provide a free service to their customers and charge non-customers a fee. Also according to you, that information is posted on the machine. I fail to see the ripoff. Very few businesses provide free services to people who are not their customers. Why do you think you should be the exception?
#1 Consumer Comment
You have a couple of choices....
AUTHOR: Ken - ()
SUBMITTED: Monday, September 23, 2013
1. Stop using the service as a NON-customer.
2. Become a customer and get the free service.
They don't owe YOU, the non-customer ANYTHING!
No Ripoff here...just you wanting something for nothing....get a life.
No, I DON'T work for them.
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