Gemini wrote:I have had this account for a long time and only recently have I begun using it to store my emergency fund. I like the fact that there are plenty of physical locations close to home and I can walk in to deposit or withdraw funds. Recently, I got a letter in the mail stating that this account will now be converted to TD Simple Checking account, which has a monthly fee. I am annoyed and wanted to know what other banks I should consider. One thing that TD lacks is the check deposit via image feature and it would be an additional benefit if my future bank has one.
You can also check the bank's other options, which may depend on where you live. I have a TD Convenience Checking account, which has no fee with a minimum balance of $100. It doesn't pay interest, but I don't keep enough in this account for that to matter even if interest rates go back up. (I keep my interest-bearing cash in other accounts.)