- Report: #387346
Report - Rebuttal - Arbitrate
Complaint Review: Sovereign Bank
Sovereign BankElizabeth, New Jersey U.S.A.
Sovereign Bank Bank Card Overdraft fees Elizabeth New Jersey
*Consumer Comment: Just a thought
*Consumer Comment: Sounds like...
*Consumer Comment: Lesson Learned...
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Can you imagine our surprise when his second check to the bank was completely consumed by $33.00 insufficient funds fees. We were shocked. Anyone else in the family would have been declined at the atm. When I spoke to the Manager at the bank I was also told that it was a "COURTESY".
I have been to affairs where they offered "Courtesy Valet Parking". After the affair they brought my car and I gave then a tip thanking them for the courtesy. I can imagine how it would feel if they brought me my car and then handed me a bill for $33.00 after telling me that it was a courtesy.
When speaking to the bank rep. on the phone She told me that, and I quote " They didn't know if he was somewhere and needed gas or something". I told her that it wasn't her job to figure those things out, just to be a bank and don't give him anything if he doesn't have the money.
This amounts to a one week $120. loan with with $112. interest. They used to have a name for a person who did that. He was called a "Loan Shark". And it was Illegal.
I asked the bank rep. to furnish me with the address of where is could send a letter of complaint. She said there was no one there at that time who knew but she would take my number and have someone with the address contact me within a day. That was a week ago.
Is there anyone out there who knows who I can contact with a formal complaint against this bank?
Elizabeth, New Jersey
This report was posted on Ripoff Report on 11/03/2008 03:19 AM and is a permanent record located here: http://www.ripoffreport.com/r/Sovereign-Bank/Elizabeth-New-Jersey-07206/Sovereign-Bank-Bank-Card-Overdraft-fees-Elizabeth-New-Jersey-387346. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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