ED Magedson – Founder
Synchrony Bank/GE Capital Retail Bank Keeping your money extra days-interest free loans FROM YOU Bridgewater, NJ Nationwide
Put this bank on your list of banks that like to hold on to your money an extra few days after your CD matures. When this is done to ALL depositers (i.e., interest-free loans FROM you to the bank), it adds up to a tidy little sum at the end of the year. This goes to their bottom line to fund bonuses for the top brass or just because they CAN. Nice going Synchrony/GE Capital. Your recent name change does not dress this stuff up.
This report was posted on Ripoff Report on 07/09/2014 08:23 AM and is a permanent record located here: http://www.ripoffreport.com/r/Synchrony-Bank/nationwide/Synchrony-BankGE-Capital-Retail-Bank-Keeping-your-money-extra-days-interest-free-loans-F-1160689. 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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