• Report: #565492

Complaint Review: TD Bank

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  • Submitted: Sat, February 06, 2010
  • Updated: Sat, February 06, 2010

  • Reported By: Maximus — Philadelphia Pennsylvania U.S.A.
TD Bank
6635 Frankford ave, Internet United States of America

TD Bank formerly known as Commerce bank in PA TD bank is charging overdraft fees without informing customers about negative balance, Internet

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                  TD bank change it's policy without posting it on the Internet for Internet customers. They just  send letters in a form of junk mail where they inform ( per their saying) that instead - (minus) sign when in negative balance, they put it in parenthesis.

                       Then, after any negative balance, they just charge $35.00 and that can go forever as they do not ask or inform customers. Also I didn't ask them to pay for me if there is no money on account. If I do not have money, how they think I am going to pay them. Their policy is based on ripping off customers.
                            Stay away from TD bank. Change to any other bank.
                     Before, it was Commerce bank and was pretty good with very educated and polite people. Now, is just bunch of money rippers that do not even explain you, when you come in person that you are in negative balance.
                    As I didn't learn in school, how TD bank will mark negative balance, I kept using money seeing that is available, but it was in parenthesis ( what means that is negative balance, without explanation or information what that means)
      
          Calling everybody who is affected to start class law suit against them.

This report was posted on Ripoff Report on 02/06/2010 12:20 PM and is a permanent record located here: http://www.ripoffreport.com/r/TD-Bank/internet/TD-Bank-formerly-known-as-Commerce-bank-in-PA-TD-bank-is-charging-overdraft-fees-without-i-565492. 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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