Received Notice Of Rate Change Effect Of Nov18 From 3.25 Apy To 2.74 Apy For Platium Rewards Accounts

(2.51%, $50K) now.

One concern is the one needs to come in the branch to sign affidavit should a fraud occurs on one's debit card.  How can grand-fathered out-of-state account holders do that should a fraud occur?

(2.51%, $50K) now.

One concern is the one needs to come in the branch to sign affidavit should a fraud occurs on one's debit card.  How can grand-fathered out-of-state account holders do that should a fraud occur?

I suspect they would accept a notarized affidavit from out-of-town account holders.

I also received an email that the bank is no longer allowing their debit card to be used in drug stores, groceries and gas stations in California. F & M says that there has been increased fraudulent transactions in California by card holders of all banks, not just F & M.

I also just looked at my 5/18 statement and they state at the top (as 51HH pointed out) that "Effective 5/19/11 the interest rate for Platinum Rewards will be as follows if requirements are met: 2.51% APY up to $50,000, .51% APY over $50,000. .10% APY non-qualified rate".

Unfortunately, they're the only place I can get even that rate on $50K for only 10 purchases.  I still have two $25K accounts that I'm not using where I can get 3%, but that would require an additional 12 purchases a month.  I'm not sure the extra $20 a month in interest is worth the effort.  And who knows how long both banks will keep the 3% rate (one of them is the recently bought-out Danversbank).