Charter One Bank overdraft fees and mega rewards card Columbus Ohio

I joined charter one about 21/2 years ago. At the begining they seemed to be an okay bank. They always said there are no fees with "FREE CHECKING" They deposit $50.00 into your account for having direct deposit and then they give you a $50.00 gift card for opening an account with them. They fail to tell you that they are reporting that $100.00 to the IRS. So after filing my 2004 taxes I have to pay back taxes because Charter One gave me $100.00. I never received a 1099 form from the bank. So I have to pay for that mess that the bank caused. Also when you have direct deposit they will wait until 4:00 am to deposit the money. So if you have anything that will cash that morning they will bounce all of it and collect the fees. I am still trying to catch up from the fees from back in April of this year. They keep taking 33.00 every 4 days for continuos overdraft fees and expect you to pay all of this to them. There fees have also gone up after they said they would never change from the time you open the account. They have raised the bounce fees to $38.00 per transaction wether it is a penny or ten dollars. They also have the mega rewards program. If you do not give them the points or 25.00 every year they deduct it out of your acount whether it is in there or not. So they can charge you fees on that as well. Also they charge you for any points that you redeem. Word to the wise: DO NOT GO WITH CHARTER ONE BANK

Leslie
Columbus, Ohio
U.S.A.