Just got a letter from Bank Direct.

Starting in January B.D. will start charging for checking accts regardless whether it is linked to airline miles or not or whatever the balance on the account as it seems nothing will be exempt from this. The charge or monthly fee will start in Jan 2012 so I guess no more free checking with B.D.

With the monthly fee and the almost non-existant interest amount earned but just getting some airmiles out of B.D.

Still worth hanging on to B.D.?

Your thoughts on this.