- Report: #449407
Complaint Review: US Bank - PORTLAND Oregon
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US Bank
usbank.com PORTLAND, 97203 Oregon, U.S.A.
Phone:
503-2756630
Web:
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US Bank OVERDRAFT RIP OFF AND WEBSITE AND ONLINE RIP OFF PORTLAND Oregon
I think these people need to be investigated. They manipulate your data to suite their purposes. Their computer programming is to generate as much fees out of their customers as possible. This includes holding funds in order for your accounts to get overdrawn. However, they will keep their web site positive and make it look as if all is fine. They will also manipulate your financial software. They are very good at it. Beware
This is only my opinion;
Sam
Portland, Oregon
U.S.A.
This is only my opinion;
Sam
Portland, Oregon
U.S.A.
2 Updates & Rebuttals
Dsperin
Salem,Oregon,
U.S.A.
When is everyone going to learn????
#2Consumer Comment
Thu, May 07, 2009
STOP banking with those awful bank giants like US Bank, Bank of America, and Wells Fargo. Just STOP IT NOW. Of COURSE they manipulate your account ot cause overdraft fees. And, in addition to those overdraft fees, they charge $7 a day until the account goes positive. I've had dealings with US Bank myself. When I confronted an "account manager" with the complicated and confusing online register, and he didn't have any answers for me. He just offered to lower the amount of fees that I had to pay--ridiculous. Everyone's best bet is to join up with a local credit union. Or better yet, just cash your paychecks and use money orders. That's the ultimate way to control your money. I've gotten away from these jerks, and haven't had any problems since.
Robert
Buffalo,New York,
U.S.A.
How to avoid OD/NSF fees.
#3Consumer Suggestion
Thu, May 07, 2009
The reality is that using an account register and reconciling that register with a monthly account statement from the bank will prevent any account holder from causing any NSF/OD fees. The majority (if not all) of the reports I've read about NSF/OD fees have common behaviors of the account holders: using atm cards for everyday purchases. using more than ONE card attached to the account (husband and wife) using atm cards for online purchases. using atm cards for 'auto-bill pay' (autodebits) relying upon telephone or online account balances to determine what money is available for that shopping trip to Walmart. *NOT using an account register. *not reconciling an account register with the scheduled monthly account statement generated by the bank. Ways to avoid these NSF/OD fees: 1. Use an account register and reconcile the account register with a monthly written statement generated by the bank. If the bank is not mailing statements, contact customer service to have monthly statements MAILED to you. 1a. Be aware of ATM fees, such as the 'non-bank ATM fee' that most banks charge when you use an ATM that is not owned by your bank to make a withdrawal and post that fee in your account register immediately. 1b. Also be aware of any monthly 'account service fee' charged by your bank and post that to your register on the appropriate date. 2. Do NOT GIVE bank account information (or ATM card info) to any merchant, service provider, utility, online service to pay for services and goods. Use a REAL credit card for this purpose (either secured cc or unsecured cc.) Do not setup any automatic deposit to an account that is attached to said cc-NO auto payments to CC company-mail a check each month. If the entity demanding payment makes a mistake, you're gonna have a host of problems and risk OD/NSF fees. 3. Do NOT use an ATM card for everyday expenses-USE CASH. Establish a monthly budget and withdrawal a weekly 'allowance' for every day expenses such as 'milk and bread' from the corner store, Burger King, etc. This will reduce the amount of transactions on the bank account which in turn makes RECONCILING the account and detecting ERRORS easier to accomplish. Again, if the entity demanding payment makes a mistake, you're gonna risk NSF/OD fees. 4. Do not shop with the ATM card-use a real credit card. A real credit card offers protections that you don't have with an ATM card. If the merchant/service makes a mistake, you can dispute it with the CC company WITHOUT getting any OD/NSF. Not true if you use an ATM card-if the merchant makes a mistake, your money is gone until you can convince your bank to give it back, as well as OD/NSF fees. 5. ONLY ONE ATM CARD to one account. Do NOT have 2 or more atm cards for one bank account. Having 'his and hers' ATM cards attached to the same account is the same as in the old days when some folks would have 2 checkbooks for writing checks. It was an invitation to disaster then, and it is today. 6. Verify that deposits to the account have actually cleared. Deposits can take anywhere between 1 and 5 BUSINESS days to clear depending on the type and/or source of the deposit. Follow ALL of these suggestions and you will NEVER pay an OD/NSF fee again unless it is a LEGITIMATE bank error, and then the bank will gladly and quickly rectify the situation and credit any fees generated as well as contact payees and cover any fees the payees assess to you. This is a tried and true method to avoid these fees. It works EVERY TIME it's tried.
