Robert
Wallingford,#2Consumer Suggestion
Tue, January 30, 2007
predatory maybe but not illegal. Many banks are starting to include this daily overdraft fee on their accounts. Before opening a new account elsewhere make sure to obtain a copy of the banks terms and conditions, whether online or from a branch. If you can show to the bank that the overdraft was their fault, they should refund those fees. If you suspect fraud, then you should file a fraud claim for those transactions, the bank should refund those fees provisionally while your claim is investigated. If the debit was submitted to your bank incorrectly by a merchant, then you should seek reimbursement of your fees from them. Good luck.