Re: Priced out
"Now, private punters don't like transaction charges and can get an account without them from one of the big rip-off artists (who make their money back on selling debt and outrageous "whoops" charges) so they can get a deal which, on the surface, looks better by staying right where they are."
I don't ever get charged the "whoops" charges, so not only does it look like a better deal on the surface, it _is_ a better deal. There are no transaction charges, I have a no fee credit card which rebates 1.5 percent of transactions, no ATM fees, free cashiers checks, and they pay a small but non-zero interest on deposits As long as I keep the total balance below $100,000 there is absolutely no risk.
I do have to pay to have check blanks printed, but since I only write a dozen or so checks a year, that cost is pretty negligible.