- Report: #328293
Report - Rebuttal - Arbitrate
Complaint Review: SunTrust Bank
SunTrust Bank303 Peachtree Street, NE, Atlanta, Georgia U.S.A.
SunTrust Bank $4,000 in Overdraft Fees Atlanta Georgia
*Consumer Comment: Good points, Warren
*Author of original report: No Good
*Author of original report: Bank Initiating Response
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In total, SunTrust has assessed almost $4,000 in overdraft fees to my account. I have written my local branches, e-mailed customer service, and written CEO James Wells at Atlanta headquarters with no response at all.
I have held this account since 1993, when SunTrust was still known as Crestar. They have escalated overdraft fees from $8/instance to $35/instance, with the "bonus" of being hit further when below balance each day.
Though this theft is legal in the United States, it is equivalent of many 1000's of percent interest over the checks and debits I made and was unable to prevent.
If SunTrust reacts positively somehow to my correspondence, I will amend this report. In the meantime, I recommend this bank to NO ONE.
This report was posted on Ripoff Report on 04/23/2008 09:26 AM and is a permanent record located here: http://www.ripoffreport.com/r/SunTrust-Bank/Atlanta-Georgia-30308/SunTrust-Bank-4000-in-Overdraft-Fees-Atlanta-Georgia-328293. 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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