Billyjack
Loveland,#2Consumer Suggestion
Fri, December 28, 2007
I always thought that a minor under the age of 18 was not allowed to been issued a debit card. Unless you had one and you gave it to her to use. When you talked with your daughter the first time, why didn't you take the card from her. If it was my daughter, the card would be gone and the $300.00 would be paid by my daughter to the bank. The bank branch could of stopped all debits from coming thru by just going into the account and set it up. I would have gotten the name or teller number of the person who told me that the debits would not no longer go thru. Or I would have tried it myself to see if the bank done what it had told you it would do. But since you was on the account, even your debits would have been stopped. And also that you are responsible for your daughters debits. Unfortunately the only person here that got the valuable lesson was you..not your daughter. As far as removing the overdrafts, it is the banks discression to remove them or not. When overdrafts are removed at the branch level, it comes out of the branches allowance. No one but the manager can approve overdrafts. And then it is based on several factors. Like how many in the past was commited and removed. Paying for the cost of the overdrafts and bringing the account back to normal and closing it was a good thing, that or take the card away.
Jim
Phoenix,#3Consumer Comment
Thu, December 27, 2007
Sounds to me like the real problem is the spending habits of your daughter. Regardless of what bank you were with, the problem would have been the same. Apparently the orginal "talking to" did not work with her. I realize that she is young, and all children go through a learning curve, but you can not blame the bank. In essence when an account is overdrafted, you are then spending the bank's money. They have every right to charge for that service. I agree that the charges are a bit high, however that is spelled out in the terms of the agreement that you signed when opening the account.