Jim
Anaheim,#2Consumer Comment
Fri, February 06, 2009
Your report is an excellent example of why check cards/debit cards are such a problem for consumers. If you use them in the manner you did, you could have funds unavailable to you for several days. Let's also be clear about another thing here: the charge against your card was not an error by the bank - this was an error by the card holder in putting forward a card that had insufficient funds in the account for its use. The fact the funds weren't used is irrelevant; the fact you reserved money is relevant and that reservation is what caused the overdraft situation. Whenever the available balance in your account goes below ZERO - even if the money is not disbursed - you get hit with the OD charge. Check cards are not the same as credit cards and when you use them without any consideration of their differences, this sort of thing happens. If the bank does ever reverse the charges out - you can profusely thank the person who did so, because they would be doing you a huge favor.....
Andrew
Dearborn Heights,#3Author of original report
Fri, February 06, 2009
After making another phone call to my local Charter One and basically telling them that I filed reports with our local news companies and with ripoff report I was told that they would take care of this matter.