• Report: #377997

Complaint Review: Soverign Bank

  • Submitted: Thu, October 02, 2008
  • Updated: Sun, July 15, 2012

  • Reported By:Providence Rhode Island
Soverign Bank
North Providence Rhode Island Providence, Rhode Island United States of America
  • Phone:
  • Web:
  • Category: Banks

Soverign Bank Don't bank with Soverign Bank Providence Rhode Island

*Consumer Comment: f*k sovereign

*Consumer Comment: Yes, Blame The Bank...The Bad Guys!

*Consumer Comment: They did that to me also

*Consumer Comment: Questions...

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

They recently devised to increase overdraft fees to increase profits. Instead of just correcting your limit to zero, which requires one push of a button, they let you overdraw, without, and if you have no knowledge. They stole 400 dollars from my account using this scheme. Obviously, I closed my account, but be cautious to be on the ball and play the game, even if you may not win against these investment bankers. F*** you Soverign Bank!

Poverty wants much; but avarice, everything

Normalguy Providence, Rhode Island

This report was posted on Ripoff Report on 10/02/2008 03:37 PM and is a permanent record located here: http://www.ripoffreport.com/r/Soverign-Bank/Providence-Rhode-Island-02908/Soverign-Bank-Dont-bank-with-Soverign-Bank-Providence-Rhode-Island-377997. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Soverign Bank

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
0Author 4Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

f*k sovereign

AUTHOR: AngryFatMan - (USA)

MY Fiance closed her account at sovereign owing them no money. Months later they claim she owes them over $800 in fees. Apparently they didn't close the account and charged her for the monthly service fee and overdraft charges for that fee!
Respond to this report!
What's this?

#2 Consumer Comment

Yes, Blame The Bank...The Bad Guys!


First...learn what you are talking about before you talk about it.  There's a difference between INVESTMENT BANKERS and banks!

Like all the other whiners, you aren't keeping written records...you keep using and using and using an ATM card...WITHOUT...keeping any records or...WITHOUT...knowing what your exact balance is.  Then, when YOU overdraft the account, YOU charge yourself an NSF fee and of course, its the bank's fault!

So go ahead, go to another bank and continue in this senseless habit and run up more NSF charges and blame still another bank.  Then like the other whiners, "its a big conspiracy between the big banks to get the little guy!"

Don't waste your energy writing back to blast me.  Use that energy to CORRECT THIS PROBLEM, once and for all.  The only way to do that is to KEEP A WRITTEN record of each and every transaction and foreign ATM fee so that YOU KNOW the balance at any time!  Not only that, go to the bank's ATM, get out all the money you'll need for the week so that you minimize foreign ATM fees and bookkeeping.

Its all up to you.  What's it going to be?  The responsible thing of keeping track of your account or keep using the ATM card without written records, rack up NSF charges and blame the bank?  Its all up to you.  Its time to be an adult or be a child.  The choice is yours.

Respond to this report!
What's this?

#3 Consumer Comment

They did that to me also

AUTHOR: Anonymous - (U.S.A.)

They Stole from me Also, they took 600.00 out of my account. This bank sucks. The use their own employees to harrass you on the internet and try to intimidate you if you say anything about them. Im glad I deal with a different bank. Wont be banking at Soverign Anytime soon....  
Respond to this report!
What's this?

#4 Consumer Comment


AUTHOR: Edgeman - (U.S.A.)

Did you overdraft your account?

How could you not know that you overdrafted your account?

When you opened the account, did you sign a document saying that you agree to the banks terms & conditions?

Did the terms & conditions say that you will be charged a fee for every transaction that results in a negative balance?

How does charging you fees that were a result of your actions (and that you agreed to) constitute "stealing"?
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?