$29 STOP PAYMENT RENEWAL FEE

Come on now. A $29 fee to stop payment on a check again and again and again on the same check !! This is absurd. The banks cleverly have it arranged that when you okayed the stop payment and you paid your $29 fee (some banks charge $39) the bank will keep charging you at regular intervals on additional fee of $29 again because the bank will only stop payment on a check for a short period of time.

If it's a $50 check you want payment stopped on, in a couple of months it will cost you $87 in fees alone . Original check + first fee of $29 + second fee of $29 + third fee of $29 = $87.

It would be cheaper to just let the original check clear. If you don't pay the renewals and the $50 check clears you are out $79. (original check + one fee of $29.)

This is just for starters.

Question: How many "Automatic Pay's" do you have at your friendly bank?

FYI, ...It is very difficult to stop payment to a vendor/company. The company you make your payment's to generally has to initate the process. (feel like you are losing control yet)