Comments on: Those sneaky bank fees http://christianpf.com/those-sneaky-bank-fees/ Christian Personal Finance - Financial help blog, debt help and other financial resources Tue, 14 Feb 2012 21:22:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Lori http://christianpf.com/those-sneaky-bank-fees/comment-page-1/#comment-39925 Lori Fri, 21 May 2010 00:44:47 +0000 http://christianpf.com/those-sneaky-bank-fees/#comment-39925 I have a good one for you! I have been with this bank about 10 years. In that 10 years they have refused me loans, treated me like I wasn't worthy and screwed up my account. I am now in a big mess because I asked to have a hold put on my account after finding out there were charges I didn't know where or who they were. They refused. I asked them to freeze my account and they refused. In the mean time they kept taking and returning checks. I have probably paid out over $900-1000 in the last 2-3 weeks. They finally froze my account so they said. I signed the papers on a wednesday at 2pm and between 7am and 2pm my account had changed again! Did you know they always put in the highest dollar checks first but take out the lowest first when overdrawn? What a crock! Nothing like using people to pad your business. I have a good one for you! I have been with this bank about 10 years. In that 10 years they have refused me loans, treated me like I wasn’t worthy and screwed up my account. I am now in a big mess because I asked to have a hold put on my account after finding out there were charges I didn’t know where or who they were. They refused. I asked them to freeze my account and they refused. In the mean time they kept taking and returning checks. I have probably paid out over $900-1000 in the last 2-3 weeks. They finally froze my account so they said. I signed the papers on a wednesday at 2pm and between 7am and 2pm my account had changed again! Did you know they always put in the highest dollar checks first but take out the lowest first when overdrawn? What a crock! Nothing like using people to pad your business.

]]> By: Jennifer Smith http://christianpf.com/those-sneaky-bank-fees/comment-page-1/#comment-33279 Jennifer Smith Fri, 23 Apr 2010 10:17:46 +0000 http://christianpf.com/those-sneaky-bank-fees/#comment-33279 This is how WellsFargo bank fees are working. I made a purchase the day before my deposit hit. PayPal informed me that the process on an e-check takes 3-5 days. Well, less than 24 hours later, WellsFargo processed the largest charges then swindled my account for the usual NSF fees. The agent offered 50% reversal of the fees and then told me to call back to have the rest of the fees reversed after talking to the merchant. The merchant reversed the fees and still after reimbursement from the merchant, WellFargo gives me this crock about something having to do with the merchant not returning the fees one at a time (which she had,) and because I accepted 50% of the courtesy reversal, as of two weeks ago, procedures were eradicated that allowed the remaining fees to be credited. The banks don't care about their customers. When I needed to get my refund fast, it took three full days for the money to process to my account. When it comes to fees, the banks certainly can pilfer it in less than 24 hours. Ask WellFargo. They did it to me. This is how WellsFargo bank fees are working. I made a purchase the day before my deposit hit. PayPal informed me that the process on an e-check takes 3-5 days. Well, less than 24 hours later, WellsFargo processed the largest charges then swindled my account for the usual NSF fees. The agent offered 50% reversal of the fees and then told me to call back to have the rest of the fees reversed after talking to the merchant. The merchant reversed the fees and still after reimbursement from the merchant, WellFargo gives me this crock about something having to do with the merchant not returning the fees one at a time (which she had,) and because I accepted 50% of the courtesy reversal, as of two weeks ago, procedures were eradicated that allowed the remaining fees to be credited. The banks don’t care about their customers. When I needed to get my refund fast, it took three full days for the money to process to my account. When it comes to fees, the banks certainly can pilfer it in less than 24 hours. Ask WellFargo. They did it to me.

]]> By: bob http://christianpf.com/those-sneaky-bank-fees/comment-page-1/#comment-184 bob Thu, 06 Sep 2007 02:13:48 +0000 http://christianpf.com/those-sneaky-bank-fees/#comment-184 @Lynnae Wow, you are right - I would have been out the door as well!! I have never heard of a bank or credit union with that policy, but I wouldn't be surprised if we start seeing more of that in an effort to compete with the online banks. Time will tell... @Lynnae
Wow, you are right – I would have been out the door as well!!
I have never heard of a bank or credit union with that policy, but I wouldn’t be surprised if we start seeing more of that in an effort to compete with the online banks. Time will tell…

]]> By: Lynnae @ Being Frugal http://christianpf.com/those-sneaky-bank-fees/comment-page-1/#comment-183 Lynnae @ Being Frugal Wed, 05 Sep 2007 12:59:58 +0000 http://christianpf.com/those-sneaky-bank-fees/#comment-183 Banks can be terrible! The funny thing is, our local credit union is the worst! We used to have an account there, but then they decided to charge $10 a month just for the privilege of walking through their doors and seeing someone in person. We dropped them like a hot potato and signed up with ING for our savings. We moved our checking account to a regular bank and have done just fine there. But you always have to read the fine print. Banks can be terrible! The funny thing is, our local credit union is the worst! We used to have an account there, but then they decided to charge $10 a month just for the privilege of walking through their doors and seeing someone in person. We dropped them like a hot potato and signed up with ING for our savings.

We moved our checking account to a regular bank and have done just fine there. But you always have to read the fine print.

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