Usbank debit card allows purchases with no balance then FINES $35 for even -$1 negative ballance ripoff Minneapolsi Minnesota
The USBANK gives out "debit" cards called
"cash bonus check cards" with a VISA logo
The card will NOT FAIL if no $ is in the account instead it WILL allow the purchase then FINE $35 !
I guess they will FAIL if the purchase is OVER ???? but for a 1$ over amount they allow the purchase and FINE $35
mark
eden prairie, Minnesota
U.S.A.
7 Updates & Rebuttals
I am the law
Cincinnati,Ohio,
U.S.A.
You just incriminated yourself
#8
Tue, August 18, 2009
You just admitted that you're intentionally overdrafting your account and now you expect sympathy from us when you get a fee?
Steve
Bradenton,Florida,
U.S.A.
Why not just keep an ACCURATE checkbook register?
#8Consumer Suggestion
Sat, September 20, 2008
Wouldn't it just be easier to keep an accurate checkbook register?
I think so.
It has been working for me for the past 30+ years.
No problems.
Just learn some responsibility and self control.
Steve
Bradenton,Florida,
U.S.A.
Why not just keep an ACCURATE checkbook register?
#8Consumer Suggestion
Sat, September 20, 2008
Wouldn't it just be easier to keep an accurate checkbook register?
I think so.
It has been working for me for the past 30+ years.
No problems.
Just learn some responsibility and self control.
Steve
Bradenton,Florida,
U.S.A.
Why not just keep an ACCURATE checkbook register?
#8Consumer Suggestion
Sat, September 20, 2008
Wouldn't it just be easier to keep an accurate checkbook register?
I think so.
It has been working for me for the past 30+ years.
No problems.
Just learn some responsibility and self control.
Misanthropy
Olathe,Kansas,
U.S.A.
....
#8Consumer Suggestion
Sat, September 20, 2008
Ken, you provided the answers I dont agree with, in a polite way.. Thats very refreshing
you CAN go to your branch and request to have your card stop paying overdrafts, you have to fill out paperwork for it, Google "USBank Overdraft" and about the third result is all about it, complete with screenshots of the paperwork and the confirmation letter. Incidentally I asked for that very thing about 6 months ago and they told me it wasn't possible; I cant help but notice the date on that bank policy memo is from last year........
To forestall any half thought out comments on that piece of advice, there are ways that you can still get screwed, but as far as I can tell its only in the instance that a paper check is returned and you get return check fees that potentially add up to more than the 40 bucks you'd pay USBank
I did this today 9-19-08 and tested it at the store with a purchase for .50 more than I have, It declined WOOT!!!!!!
Nikki
Fargo,North Dakota,
U.S.A.
Read All papers given to you when you open a checking account
#8Consumer Suggestion
Wed, December 27, 2006
It is common sense that a debit card is not a credit card. The debit card is connected to your checking account. Therefor, it is deducting the funds from your own money. Not credit that the bank has extended to you. All accounts have fees. The fees would have been made perfectly clear in the paperwork you get when the account is opened. And last but not least, you should be keeping track of your money. A check register is very handy. It will tell you how much money is in your checking account. If you look at it before you purchase something, it will save you the trouble of being declined at the merchant(if that happened) and it would save you overdraft fees. I do not think UsBank is in the wrong here. It is just a case of the consumer, not being a consumer and reading their paperwork or being responsible.
Ken
Randolph,Massachusetts,
U.S.A.
Debit Cards only LOOK like Credit Cards
#8Consumer Comment
Fri, April 07, 2006
Because a debit card looks just like a credit card, the common assumption is that they work just like one also. The truth is that the transaction you do as a debit, often is not presented to your bank until a later date... at which point the bank is obligated to pay it. It cannot be refused.
In other words, your balance is not (always) being verified when you make your purchase, any more than it is when you write a check.
You should always consider a debit card purchase to be the same as writing a check, and you need to know what your balance is before doing so.
My beef with banks is that they do not make this clear to the consumer before they issue them a debit card.
Be proactive! Keep track of your balance and don't give them the satisfaction of hitting you with large fees.