Mattrick
United States of America#2UPDATE Employee
Tue, January 19, 2010
There aren't imps micromanaging accounts at banks to charge overdraft fees. Things are taken from your available balance the minute you swipe your card. When we receive documentation from the company saying you authorized it, it 'posts' to your account, incurring an NSF fee if posted against a negative available balance. Overdraft fees post the day after they are processed. Just because you were unlucky in the way the companies brought in the transactions does not mean the bank was malicious; just mechanical.
Susan
This City,#3Consumer Comment
Sat, January 02, 2010
Jason, no where in your report do you say IF or WHEN you deposited money when you knew you spent more than you had on the 23rd.
This isn't a banks fault.
Edgeman
Chico,#4General Comment
Fri, January 01, 2010
Be sure to closely read the terms and conditions for your new checking account. Look for the following wording or some similar language:
We process transactions from highest to lowest.
We may process transactions in any order.
We may pay or decline transactions that would result in a negative balance at our discretion.
If you see any of the above samples or wording that is close to the above samples, then be aware that you will encounter the same problems at the new bank if you overdraft your account.
You have two choices if you want a checking account. You can refuse to have a checking account at any bank or credit union that processes transactions from highest to lowest and stick to places that process transactions in the order that they are authorized. The other option is to stay within your available balance at all times. If you do that, you can have a checking account any bank or credit union and not have to worry about the processing order.
Best of luck to you.
Christiana
Cincinnati,#5General Comment
Fri, January 01, 2010
First off, good American citizens don't rip off their banks! Sheesh, what did you expect? You spend more than you have, the bank does its job, and then you have the nerve to claim they are STEALING from you? I think it is time to remove your head from your anal section and stop ripping people off. Unreal. *Shaking head*