Banking Blog

Finance Blogs » Banking » Banks waive fees for Sandy victims

Banks waive fees for Sandy victims

By Claes Bell · Bankrate.com
Friday, November 2, 2012
Posted: 5 pm ET

In areas of New York, New Jersey and other states pounded by Superstorm Sandy, trying to access and manage checking accounts is tough. Many branches and ATMs are closed, and electricity, phone and Internet access are still spotty, making it difficult to conduct banking business.

To help customers access their money and give them some financial breathing room, many banks are offering bank fee waivers to customers affected by the storm.

Below is a chart with what some of the nation's largest banks are offering. Keep in mind that the types of fees waived vary, and some banks will require you to contact them by phone or in person to receive a waiver, rather than having them automatically refunded.

Fees temporarily waived at banks

Bank Fees waived Cutoff date Automatic
JPMorgan Chase & Co. Overdraft and nonsufficient funds fees. Nov. 7 Yes
Wells Fargo Out-of-network ATM fees and CD early withdrawal penalties. Nov. 7 Yes
Bank of America Early withdrawal penalties on CDs. Refunds on overdrafts and nonsufficient funds charges. Out-of-network ATM fees. Nov. 7 No, call (855) 729-1764
Citibank Overdraft protection and nonsufficient funds charges.Out-of-network ATM fees. Early withdrawal penalties on CDs. Fees for wiring money. Nov. 5 (Nov. 7 in N.Y., N.J.) Yes
TD Bank Out-of-network ATM fees. Overdraft and returned item fees. CD early withdrawal penalties. Expedited debit card replacement fees. None announced No, call (888) 751-9000
M&T Bank Overdraft and insufficient funds fees. None announced Yes

If you know of any banks waiving fees that aren't listed here, or have anything to add, please let us know in the comments below.

Update: Citibank, JPMorgan Chase & Co. and Wells Fargo have extended their cutoff date for waiving checking fees. They'll now waive the fees mentioned above in affected areas as long as they're incurred on or before Nov. 7. Citibank's extension is restricted to accounts in the states of New York and New Jersey.

Update 2: Bank of America has also extended its fee waivers cutoff date to Wednesday, Nov. 7.

Follow me on Twitter: @ClaesBell.

Related posts:

  1. More banks waive fees for Sandy
  2. Banks help Irene victims
  3. CD holders get Sandy fee break
  4. Banks extend Sandy fee waivers
  5. Chase helps Sandy victims
«
»
Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.
5 Comments
john
November 05, 2012 at 5:56 am

These banks provide the waving fees

Clint F.
November 04, 2012 at 8:30 pm

Citizens Bank, RBS Citizens is also waiving various fees.

Mortgage Rates
High Yield CD and MMA Rates
Other Rates