Us Bank i was 28 cents over drawed on my new us checking actt. now bank wants $353.28 in fees Saint Paul Minnesota

now it's the banks fault! What are you nuts? YOU caused this, YOU overdrew your account, YOU owe the bank the money! If you do not have enough money to maintain a checking account, then maybe you shouldn't have a checking account. If you overdrew your account so soon after opening it, you obviously should not have a checking account. I do agree that all banks are getting very creative in the charges that they hit customers with, but that does not mean that you can overdraw your account and blame it on the bank.

When you opened your account you agreed to all of the terms. Now it's the bank's fault ?????? NO - it's YOUR fault !! Pay the fees and close your account. You obviously can not maintain a checking account and have no business having one. Go look in the mirror and put the blame where it belongs !

If I had my way about it, overdrafting your account would be considered a criminal offense. Maybe after a warrant would be issued for their arrest, people wouldn't spend what they don't have available.

I'm so sick of these meth-addicted welfare cases overdrawing their accounts so they can score more drugs, and then blaming the bank when they incur fees. Then they hop online and file a ROR so they can whine to everyone else.

So, if you're whining about an overdraft fee on this website, you are a meth-addicted welfare case and you shouldn't even own a computer. Get a job and get sober.

I have spoken.

Instead of badgering this poor lady. Nobody listen to what she was saying. She overdue her account 28 cents. ok!! her fault for that but, the bank put overdraft charges not only on the one item that overdrew her account but all of the items posted. and the person who was slamming about welfare people, you are a piece of work. not everyone is on welfare unless your mom was and you have deep issues with her that you need to get out of your system!! go see a psych for that would ya! My advise to the person who overdrew her account is this, drop that bank count yourself lucky that this happened to you now. I now alot of people that have spent $1000.00's of dollars for this very same thing and the bank to date gets away with it!!

Ways to avoid these NSF/OD fees:

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.

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. Deposits over $5000 can take even LONGER before they are posted to the account.

The Federal Reserve publishes a “Consumer Compliance Handbook” which gives detailed information about what banks can and cannot do with deposits, holds, and funds availability. You can download this handbook at http://www.federalreserve.gov/boarddocs/supmanual/cch/200711/cch200711.pdf

Follow ALL of these suggestions and you will NEVER pay an OD/NSF fee again unless it is a LEGITIMATE bank error or caused by a merchant. If it is caused by a bank error 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. If the fee is caused by a merchant error, you will need to hold the merchant accountable for the fees, although in many cases the bank may reverse the fees as a courtesy if the merchant confirms that the merchant made an error.

This is a tried and true method to avoid these fees. It works EVERY TIME it's tried.

This doesn't add up.

The author opened the account with $50 ONLINE-which means she used either a credit card or a debit card for another bank account.

I suspect that the credit/debit deposit DID NOT get processed BEFORE she made the charges to the account with the new debit card.

FYI banks are normally UNFORGIVING when someone does this with a NEW ACCOUNT. Further, this is one of the ploys that CC thieves use with stolen cc/debit card numbers.

I'm not accusing the author of deliberately overdrafting the account, but it appears to me that the CC/Debit card deposit didn't go through before she made purchases with the new debit card.

Now, let's ask a question. If the author really had $50 on a credit card/debit card, why was it necessary to use the cc/debit card to open a new bank account and then use the new account debit card to make about $50 in purchases?

Seems to me she should have simply spent the $50 with the card she used to open the new account rather than going through the motions of establishing a new account.

Is it me or does something not smell right about this report?

You obviously knew you used the card for 50.28 when there was only 50.00 in there. I worked for a bank for years and one of the biggest fraud schemes are having an account at more than one bank and transferring funds back and forth. When a new account is OD that quickly, they suspect fraud. Whether that was the intention or not, it does not negate the fact that you overdrew the account to begin with. Had you taken care of it immediately you wouldn't be in this mess but by letting YOUR mistake go, it's gonna cost you. The only thing I would suggest is to contact the bank and try to make a settlement. If you don't, there is a national business that will make it to where you can not open another account for 5 yrs. You go on the list. Alot of banks will not even allow you to have a savings account let alone another checking for the 5 yrs. If you pay it in full, then a bank may work with you but it is doubtable.

It's irrelevant how much the account is overdrawn. The OP readily admits to overdrawing the account but doesn't like the penalty associated with the overdraft. Imagine if overdrawing was a criminal offense punishable by jail.

(In response to the original post)
"i open a new checking actt. on line with us bank, MY total start up deposit was $50.00, I MADE A TOTAL OF FIVE CHARGES ON MY DEBIT CARD AMOUNT OF $50.28 I WENT ON LINE TO DISCOVER THAT I WAS OVER MY LIMIT BY 28 CENTS AND GOT THE SCHOCK OF MY LIFE THE BANK WAS CHARGING ME $35.00 ON EACH PURCHAS AND ALLSO CHARGING ME FOR CHECKS THAT WERE TO BE NO CHARGE, FREE CHECKS FOR SENIOR'S I CALLED RIGHT AWAY AND TOLD THE PERSON AT US BANK TO FIX THEIR MISSTAKE AND TO CLOSE MY ACTT."

The biggest thing here would be to remind everyone that no mater how large or small the overdraft is the same fees apply. Now the account can not be closed over the phone if it is negative so even if the agent removed all of the overdraft fees and the check charge you would still be negative 28 cents.

"THE PERSON SAID THAT HE WOULD REMOVE SOME OF THE FEES,BUT WOULD NOT CLOSE MY ACTT. UNTILL I PAID THE OVER LIMIT FEE AND THE 28 CENTS AND THAT THE BANK WOULD CHARGE ME $8.00 PER DAY PLUS ADDITIONAL FEES UNTILL I BROUGHT MY ACTT. CURENT I SAID I'M DISPUTING YOUR US BANK OUT RAGEOUS FEES AND I DEMAND THAT YOU CLOSE MY ACTT. TODAY. MY ACTT. WAS OPEN ON MARCH 23 2009 AND THE BANK FINIALY CLOSED MY ACTT."

At this point you were informed of the risks of "disputing" the fees, which appear to more or less means that you just ignored it until we charged off the account. The fact that any fees were removed in the first 90 days or so of the account shocks me because as a bank policy we generally do waive fees during that period of time.

"MAY 14 2009 THE US BANK WANTS $353.28 AND IS THREATING TO CREATE PROBLEMS WITH OTHER BANKS THAT I DO BUSSINESS WITH, I HAVE CONTACTED THE AZ.ATTORNEY GENERAL AND THEY HAVE NOTIFIED THE COMPTROLLER OF CURRENCY CUSTOMER ASSISTANCE GROUP IN HOUSTON, TX. THIS GREEDY BANK NEEDS A LARGE LAW SUITE. NOW THE US BANK RECOVERY DEPT. CINCINNATI OH.IS TRYING TO GET MONEY FROM ME. PLEASE HELP ME ANY THAT YOU CAN."

The threat, if you will, is reporting you to ChexSystems and more or less is something most banks will do when your account is force closed for almost any reason. The collections department will continue to call you until some kind of agreement is reached, it may help just to work out a payment arrangement and be done with it or else it will follow you for several years.

(Other comments below)

To Robert: "The author opened the account with $50 ONLINE-which means she used either a credit card or a debit card for another bank account."

-Not necessarily, when an account is opened online you are given three options to fund the account with the required amount, transfer from an existing US Bank account, make a deposit in a branch, or mail in the deposit with the signature cards. We do not allow an EFT or any other method of electronic deposit as the opening deposit.

Is it just me, or is every ROR about US Bank's overdraft policy riddled with spelling and grammar mistakes? I think that proves a very good point: people that overdraft their accounts aren't educated enough to maintain them. They obviously don't pocess the mathmatical comprehension or reading skills to avoid overdrafting. I understand that everyone can't be a genius, but I'd hope they'd be smart enough to know their own intellectual limitations.

I must agree with you on that. As Dirty Harry said " A man's got to know his limitations ". If you can't spell and read, you have no business signing any type of contract. If you can't do simple math, you have no business having a checking account. Both will get you in a world of trouble.

[QUOTE]I really don't understand.
Is it just me, or is every ROR about US Bank's overdraft policy riddled with spelling and grammar mistakes? I think that proves a very good point: people that overdraft their accounts aren't educated enough to maintain them. They obviously don't [B]pocess[/B] the mathmatical comprehension or reading skills to avoid overdrafting. I understand that everyone can't be a genius, but I'd hope they'd be smart enough to know their own intellectual limitations.
[/QUOTE]

Yes, I can see your point. However if you are going to comment on other people's spelling and grammer you might want to make sure your own is correct in that reply.

There is currently a class action law suit pending against US Bank for just these types of unethical business practices. Rip off Report: #128256 has the info on the case. That report was filed in 2005 but I haven't been able to find any info on a settlement yet. I did submit my information to join the suit so hopefully I'll hear back from them soon.

Your logic is as flawed as your spelling. Suck it up. YOU created this mess. As a matter of fact, I just paid a late fee of $29.00 to Chase bank on a credit card late payment of $65.00. It was a card I seldom use-see?...I have an excuse too. Bottom line, I'm 73 years old and believe-it-or-not, this is the FIRST time in my LIFE I've EVER paid any fees or interest on any charge card. . Pi$$ me off? You bet! Pi$$ed at myself. That's the path you should take. Go look in the mirror. . Oh yeah-and release the caps lock, will 'ya?

Scott In Vegas,

Obviously, you didn't get the joke. Of course there's a spelling error in my rebuttal.. it's a joke, man. Come on.... I've made several "your" and "you're" jokes, too. I guess you haven't read those other ROR rebuttals that I'm talking about. That's ok, I'll forgive you.

As for this class action lawsuit, all I can say is, it's been done before and USB will always win. Why? Easy. They can prove beyond a shadow of a doubt that 99.99% of all overdraft fees are incurred because of customer error. I wish that overdrafting your bank account was considered a crime. That'd teach these crack-addicted, negligent, welfare-abusing, trashy people to pay more attention to their bank accounts.

i have spent the last couple of days on this website (ripoffreport.com) and some of the many other websites, from doing a google search on us bank complaints. you could spend a lifetime doing this, literally. i have also been ripped off by these thieves and so i know that the people making these complaints are  telling the truth. one of the things that really bothers me is where do all of these rebuttals that defend the banks come from? i do not believe for one minute that any decent human being would stand up and

'Google' the following and watch them on the web for PROOF-

"Is it just me, or is every ROR about US Bank's overdraft policy riddled with spelling and grammar mistakes?"

Is it just me, or do you cut and paste your pointless garbage (see your first post in this thread) in almost every thread?  What is the purpose of this?  I'm just curious.

"I think that proves a very good point: people that overdraft their accounts aren't educated enough to maintain them."

Your assumptions about peoples' intelligence and education level speak volumes about your own inadequacies.  At least you aren't subtle.

"They obviously don't pocess the mathmatical comprehension or reading skills to avoid overdrafting."

"Pocess"?  "Mathmatical"?  You were saying something about spelling and grammar mistakes?

"I understand that everyone can't be a genius, but I'd hope they'd be smart enough to know their own intellectual limitations."

That's good advice.  Now do yourself a favor and follow it.

For the moron who was so rude to say that this person must be on welfare or meth addicted..how rude and close minded!!!!!Overdraft fees are out of control.

Some states are capping or all out outlawing Payday loans and high interest credit cards but not bank OD fees...

The person who wrote this obiously has some major issues or probly works for the banks and gets big bonus on these fees...LOL get a life

Correction you can't overdraft a checking account by taking cash out to by drugs, it might be an enjoyable thought for you to think the only people who overdraft account are drug adicts on welfare but it happens to a large portion of America tax payers.  I admit the times I made an overdraft mistake was when I was young and unfamiliar with bank polocies and didn't pay attention to my ballance but there are many cases where it happens. 

Saying it should be a criminal offense is just stupid, if the banks wanted to they have the power to only allow charges the account has funds for but they allow it to overdraft so they can asses fee's.  From what you are saying America should also ban credit card and leases so the only way you can buy a house, car, health care or anything is by having the cash then and there.   But if that were the law there would be very few of us with those things because mose of the middle class, the people that drive the economy of this country, live paycheck to paycheck and need time to pay for things.

Remember logic before you post again please,  thank you.

For all who have left comments that to avoid the problem of overdraft charges is not to make the mistake in the first place, or made suggestions this person is drug associated, or is a welfare case are, without question, simple minded, shallow and part of this country's problem.

When are people going to wake up to the fact that their very existance is threatened by their willingness is to accept outrageous fees and various charges until they are put into an equal situation through their own doing, or through actions which they have no control of.

A lot of people here have cast stones so have to assume that none of their tax dollars were used to bailout greedy financial institutions. After all, million dollar bonus checks have to be funded by someone. Those on tight budgets, or are unemployed should by all means pay dearly for their mistakes. Don't you all agree?

is available at the BANK OF AMERICA page of this site.

Hey Karl, why don't you Google, "annoying idiot on ROR posts anti-Obama comments when they have nothing to do with what everyone is talking about"?

"Is it just me, or is every ROR about US Bank's overdraft policy riddled with spelling and grammar mistakes? I think that proves a very good point: people that overdraft their accounts aren't educated enough to maintain them. They obviously don't pocess the mathmatical comprehension or reading skills to avoid overdrafting. I understand that everyone can't be a genius, but I'd hope they'd be smart enough to know their own intellectual limitations."

Please fix "pocess" and "mathmatical" before you cast any stones.

Dear Lady T,

I realize that your monkey-like attention span is probably hindering you from reading previous posts, but if you'll scroll up a bit and review, you'll notice that this was an obvious joke made by me since overdrafters seem to lack the ability to use the spell check function. In other words, the misspellings were intentional, dimwit. 

Sweetie, try reading the material before you open your mouth. It might save you a bit of embarrassment in the future.

 

TO ALL SMART ASS EIDITS THAT PUT THAIR TWO CENTS WORTH IN A RE BUT!   YOU ARE LIVING PROFF THAT MASTER BATEING AT A YOUNG AGE WILL WORPE YOUE MIND, SO KEEP ON MASTER BATEING AND LEAVE INNIONCE PEOPLE LIKE ME ALONE

LOOK JACK OFF YOU ARE LIVING PROFF THAT MASTER BATEING WILL WORPE YOUR BRAIN, SO LEAVE ME ALONE AND GO JACK OFF!

i am puzzled by those who are not only so quick to defend the bank but also bash those people who have overdrawn.

things happen, and honest people can make mistakes. so for those throwing out accusations, have you never made a mistake before?

there is a reason why us bank overdraft fees become so high, and this was told to me by a former employee who left the company because they did not agree with their unethical practices. if you are close to hitting a zero balance, the bank will hold transactions until they are able to overdraft you.

i'm not saying overdrafting is the banks fault, and can't be avoided, but to me there are some ethics issues to snow balling an account into hundreds of dollars in fees.

overdrafts and mistakes can happen to the best of us, so if you believe you are holier than thou, maybe you should look in the mirror for insulting someone trying to share their concerns about this institution with the rest of us.

Yes, I totally agree with the author. US Bank is a crook with long arms.

Now be aware there are some freaks here who defend US Bank and file rebutals. These people have no personality of their own, no work and I suspect they are unemployed alcoholics. One of them is " I am the Law". There a couple more regulars like this. If you look at all the rebutals this jerk is everywhere. Wherever there is a rip-offreport against US Bank this jerk writes rebutals in the bank's defense. He has too much time on hand and only does harm by writing junk nobody wants to read or know of.

To "I am the Law" ogre:  Get yourself a real job, man and stop making an 'aszs' of yourself! Get sober and do something useful!

This report was totally correct. The USbank thieves have to pay. File a classaction suit against them.

BANK OF AMERICA page of this site.

first off i see your comments and realize you are not so tough as you try to sound---in any case why waste your time about people making simple gramticals--i make them to--who gives a s  h i t--as long as you know what they are sayin--for your rebuttals to the rebuttals that you purposely mispelled as a joke--i think you are jusdt tryin to play it off-----in any case--you claim to be smart--you may be in one way or another--but if you truly believe that it is ALWAYS the fault of people who get hit with MULTIPLE ODF's you are not that smart in this respect---i will admit there is some people that make mistakes and they realize it--other people are in fact juts stupid and then blame the bank--we are all not meth addicted mother f  uckers who can't count---basically we are all poor--and they the bank uses our lack of money in the bank to play with dates of transactions which makes it easier to go into overdraft cause we don't have much to fall back on---some of us are careful with the amounts we spend but again--they play with the dates to show we went into overdraft--it is accounting magic--wall st firms can play with numbers to make them look bigger or smaller--banks do the same and make our numbers smaller by playing with transaction dates-----i do feel a fault of a lot of people is trying to get there exact numbers----never ever could i ever get the numbers to match--so i started doing whole numbers---and when i make a purchase--i subtract more than i spent--if the bill is 22 i say i spent 25---i use to have overdraft fees every week---and not just 1--but 3 or 4--i would only get paid 350 a week and they would asses 120$--and for being like 6$ in overdraft---you can never get your #'s right with the bank---also--i used my atm a lot for many everyday purchases---this is no good--the post dates are all different---in any case---my tips to avoid overdraft

#1--do not use your atm except for taking cash(but i admit i use it for food shopping and gas)

#2--just cut down on the amount of transactions
#3--i wait for everything to clear before i do anything else(i live by the banks schedule-not mine, which sucks)
#4--try not to spend money-which is almost the same as #2 cutting transactions

#5--overstate what you spent

#6--use whole numbers--5, 10 exc exc

#7--if you get charged overdraft after these methods--try to resolve with the bank--if they give you the run around--go to the bank and blow up the building(with no one in it)--you may go to jail but at least then-you won't need an account and thereforeno account for them to overdraft

#8--don't put any money in the bank and use money orders

 

in any case mr i am the law i cannot take you that seriously cause i really don't think anyone is as stupid as you and your writings--however-there is always that possibilty

 

bill d

Bill,

Thank you so much for your response, but I still have to stick to my original post. You admit that you overdrew, so why are you so upset that you now have to pay the price for it? You made a mistake. Accept responsibility and learn from it. 

Also, I have to say that your writing reminds me of those funny cat pictures on icanhascheezburger. Keep it up!

Have a nice day!