Debit card fee/Negative balance/advice on Bank account closure

[KingAAR]

I recently opened a BOI bank account hoping that I it would be zero fee.
They didn't give me an option to choose debit card either and gave me a 300fee debit card which I don't want to pay for unnecessarily and isn't even primary account for me.
SO if they charge me fee and account goes to -ve balance, will there be a problem or any other option...


I opened the account 2 weeks back and got the debit card today ...

 

[starstruck]

I recently opened a BOI bank account hoping that I it would be zero fee.
They didn't give me an option to choose debit card either and gave me a 300fee debit card which I don't want to pay for unnecessarily and isn't even primary account for me.
SO if they charge me fee and account goes to -ve balance, will there be a problem or any other option...


I opened the account 2 weeks back and got the debit card today ...

You can either pay the debit card fees or they will start charging you for negative balance. The numbers will keep on piling up.

You can decide to not pay the money too by not communicating with the bank from now on till you die and they will freeze your account after 1-2 years due to no communication and no activity.

 

[Strange]

I recently opened a BOI bank account hoping that I it would be zero fee.
They didn't give me an option to choose debit card either and gave me a 300fee debit card which I don't want to pay for unnecessarily and isn't even primary account for me.
SO if they charge me fee and account goes to -ve balance, will there be a problem or any other option...


I opened the account 2 weeks back and got the debit card today ...

Is this a Zero monthly average balance account?

 

[KingAAR]

Is this a Zero monthly average balance account?

it has AQB of 5000

 

[KingAAR]

w

You can either pay the debit card fees or they will start charging you for negative balance. The numbers will keep on piling up.

You can decide to not pay the money too by not communicating with the bank from now on till you die and they will freeze your account after 1-2 years due to no communication and no activity.

will it cause any problem as pan is linked to bank etc


or is it better to close the account

 

[starstruck]

w

will it cause any problem as pan is linked to bank etc


or is it better to close the account

It should not ideally cause a problem but who knows how policy will change.

The best course would be to close the account if you dont want to maintain the min balance.