Turtle, I do have a business account and they did the same thing to me. What I suspect is that they want you (and me) to keep a certain balance in the account at all times. I only do couple hundred dollars worth of business a month (gross not net
), so mostly I withdraw it to pay my bills and the account sits empty. What I translate this to is, "You aren't letting us make enough free interest off your balance. So instead, we're going to hold it hostage and force you to let us make interest off it. Mwahahahaha!!"
They told me when I called that it was ostensibly to cover outstanding transactions in case a customer complained. How many layers of crap that is, I won't get into...
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