Originally Posted by
beep88
Banks should give pro-rated refunds at a minimum. Those that I have dealt with (not TD) gave full refunds even after the fees have been posted/paid in the last month or 2.
YMMV. In my personal case, the telephone agent would only agree to pro-rate the refund for the full remaining month only. The month that the annual appears is the first month. So I was only refunded 11/12 of the $120 fee. TDCT's cheap.
In annoyance, I deliberately overpaid $4 to cause a credit balance. They later had to process a refund cheque for me as the account was closed.