- Report: #722389
Report - Rebuttal - Arbitrate
Complaint Review: Compass Bank
Compass BankHouston, Texas United States of America
Compass Bank monthly service charges Houston, Texas
*Consumer Suggestion: Compass Bank AT LEAST 324 REPORTS FILED!
*Consumer Comment: It's Actually a Good Thing for Consumers
*Consumer Comment: No longer free
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
I discovered today that BBVA Compass had charged me $8.95 on the 22nd of April 2011, and went to the bank to question why. They claimed that I should have received a letter about it in February. I recieved no such letter. I also noticed that the Compass branch on San Felipe, Houston was completely empty of customers. I've never saw that bank this empty.
People may find that if they have any accounts with less than $1500 in them then they are now being charged $8.95 A MONTH EVERY MONTH just to bank with Compass and Chase Banks. These charges may also apply to other banks.
This is going to hit groups like the elderly, college students and people living on their pay cheques most of all. Since February 2011 the charges apply.
On 22nd of April Compass took $8.95 FOR MONTHLY SERVICE CHARGES in a small account I kept to recieve my Royalties from my books. The account had a few hundred dollars in it. Even if the account had had $1499 in it they would still have charged me for the privilege to bank with them!
Chase similarly are now charging $12 for the very same thing. (I enquired there and was told this). My wife also had a small account she kept with Compass, and she was also charged $8.95. We both closed our accounts today.
People have to make sure they close any small accounts they may have, otherwise they may soon find themselves in serious debt.
Think about it, they will keep taking the money until you don't have any and then they will charge you compound interest on every withrdawal that they make which puts you over the limit. The elderly in particular must know about these important changes!
This report was posted on Ripoff Report on 04/26/2011 04:30 PM and is a permanent record located here: http://www.ripoffreport.com/r/Compass-Bank/Houston-Texas-/Compass-Bank-monthly-service-charges-Houston-Texas-722389. 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.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.
Advertisers above have met our
strict standards for business conduct.