Canada

I cancelled a TD credit card, when I paid it off somehow $4 and something like 9 cents got over paid. The first time I got a statement I called in to get that money transferred back to me, they could not figure out how to do it so I was transferred to someone else who did not know how to do it after talking to many people I just said screw it I will figure it out when I have more time. every so often I will forget about this $4 and open the TD envelope and get reminded about it. This has been going on for years every so often I try calling them up and see if someone can help me but no.

I have been really considering finding whatever agency in Canada and making a complaint because I am not getting the stupid high interest rates on that $4.

Over the years I've gotten a few letters from companies for ridiculously small amounts (amounts that were smaller than the cost of even sending a bill). Rather than pay the 38 cents, or whatever they were asking, I'd send some amount that was maybe 50 cents higher than what I owed. Then, I'd wait for them to send me a check for the amount that I'd overpaid, which cost them more money. Of course, I wouldn't cash the check, which would lead them to following up with a new check for the same amount six months later. This could go on every six months for a while, and certainly cost them more than the original amount they'd been so pettily after me for in the first place. I never kept their 'refund' checks or really looked at them closely. I suppose they had verbage on them that caused them to expire in 6 months time, but if not, I regret not holding on to them until I could cash 3 or 4 of them simultaneously, just to see how that would play out.

The official write-off amount of $2 is ridiculous, too. If the government overpays by a few dollars, who cares? It's going to Canadians, and the cost to track it down isn't worth pursuing. It should be $10, imho, and anything less than $100 (or maybe even $500) should just get a notice that there was an overpayment, and next year's amounts will be reduced by $x÷4 per quarter.

The interest on even $500 for a year is negligible compared to the direct cost in labour and external cost of wasted time to correct the error. Just roll it into the next year's benefits totals and move on.

Ha my mom got one like that many years back for a dollar.

She was so mad she sent the payment in with the dollar stapled to the remittance form. She put about 100+ staples through it so the agency had to spend more than a dollar labour removing the money.

I used to wonder what would happen if I underpaid my tuition by one cent