Tuesday, March 5, 2024

Banks waive fees for Hurricane Sandy

by Scott Bilker
Scott Bilker Scott Bilker is the founder of and author of the best-selling books, Talk Your Way Out of Credit Card DebtCredit Card and Debt Management, and How to be more Credit Card and Debt Smart. Receive the 5-Year Loan Spreadsheet when you subscribe to his email newsletter.

Many banks have sent email messages to customers in hurricane affected areas waiving fees and extending payment dates. If you haven’t received these communications, then you should call your banks, and visit their websites, to find out these policies. To give you an idea of what they’re doing, I’ve included a few excerpts from banks that have contacted

This list is not complete and only represents a sample of what may be offered. To find out complete information about these, or any bank, you must contact them directly.



If you have been impacted by the storm, HSBC will waive the following fees incurred between Sunday October 28, 2012 and at least until Monday November 5, 2012.


Wells Fargo

To further aid those of you impacted by the hurricane, Wells Fargo is doing the following:



If you are a PNC customer who has had to use a non-PNC ATM due to Hurricane Sandy, we will automatically refund your ATM surcharges and foreign ATM fees incurred from Oct. 29, 2012 through Nov. 2, 2012 for customer accounts located in the Carolinas, Delaware, Maryland, New Jersey, New York City, Central and Eastern Pennsylvania, Virginia, and Washington D.C.

In addition, for customers in these impacted markets, we will proactively waive Overdraft (OD), Returned Item (NSF), Continuous Overdraft and Overdraft Protection Transfer Fees incurred during this difficult time through Nov. 5, 2012. If your account becomes overdrawn during these few days, please remember to make a deposit to cover your shortfall by end of day Monday (Nov. 5, 2012) to avoid fees.


Bank of America

We’re here to help in any way we can, one customer at a time. If you or someone you know was affected by severe storms and floods, our Customer Assistance Program can help. You may qualify to:



Earlier this week, we announced we will waive or automatically refund a number of fees through October 31st for our customers in Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia and the District of Columbia. As the storm cleanup continues, we are extending those waivers through Thursday, November 1st, and to customers in Massachusetts, New Hampshire and Rhode Island. Those fees include:



Please know for Citibank clients, proactive waivers will be applied to the following fees through at least November 5, 2012: