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Report: #426218

Complaint Review: Compass Bank - Jacksonville Florida

  • Submitted:
  • Updated:
  • Reported By: jax Florida
  • Author Confirmed What's this?
  • Why?
  • Compass Bank 9550 San Jose BLVD Jacksonville, Florida U.S.A.
  • Phone: 904-564-8180
  • Web:
  • Category: Banks

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If your reading this then you may be a little ticked. Well, don't get mad get even. Hate what Compass Bank did to you? Get em back!

Background: Compass Bank does not have a transaction limit when your account goes into the red. Meaning you can be charge countless times a NSF fee for every negative transaction. That's Right! There is no limit on the number of negative transactions. However, they do have a negative dollar amount set up but that number is never told to you.

Story: I messed up and I can admit that. However, I was charged for every negative transaction over a week's period. I managed to rack up 17 NFS fees, $38 each, on my account in a short time. Yeah, I really messed up. Most of the fees were for using my debit card buying soda during working hours. I could see being charge once for my error or my account closed or blocked due to insufficient funds. But No, they let the negative transactions keep rolling in. I called my Compass Bank and got the old run around. So, I paid them a visit, literally. They said only 5 fees for the negative transactions could be credited to my account and that is final. I called the customer service number and they said the same thing. I tried contacting their corporate office and that was a dead end as well. At this point frustration does not really describe how I am feeling. You could say, walk away and bank somewhere else, and I so want too. However my direct deposit was scheduled to hit and there was no reversing that. So, I took the hit. I really messed up or so I thought.

Let's Get Even: Did you read the first part of my post under background? I was mad about what happened and I really wanted to close my account and go somewhere else to bank. I would loose $456 in doing so but that's life. Yeah right, my credit has suffered over the past few months and there seams no end in sight. I cannot afford to loose that money and the anger that I felt.. Then the light bulb went off in my head! If you read the first part of my post you may have already figured it out. I switch my direct deposit to another, hopefully more competent, financial institution. Then I got even with Compass. I used their stupid policy against them and I do not care at this point. My credit sucks, it was my money, what they did was wrong, and so be it.

Getemback
jax, Florida
U.S.A.

This report was posted on Ripoff Report on 02/19/2009 04:32 PM and is a permanent record located here: https://www.ripoffreport.com/reports/compass-bank/jacksonville-florida-32257/compass-bank-dont-let-them-get-you-down-get-even-jacksonville-florida-426218. 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. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
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#3 Consumer Comment

Your kidding right..

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

POSTED: Thursday, February 19, 2009

You admit that you went overdrawn, yet it is the bank's fault? Where is YOUR responsibility in this? Or a better question. Where was your Check register that would have shown you were overdrawn, and would have caused you to think "perhaps I shouldn't buy that soda". Compass bank wasn't holding a gun to your head saying to use the Debit card or die, that was YOUR choice. Since you made that choice you are bound to the terms of the account, which were presented to you when you opened it up.

Your getting even part is really confusing. I really hope that you are not saying that you basically blew your account into the negative and just walked away. If so they are going to get the "last laugh". Because if you don't pay back the money they will charge-off your account and turn you over to ChexSystems. If this happens you will not be able to open up an account at any other major bank for the next several years. If they think they can prove fraud, and intentionally using your account while in the negative is fraud, they will procecute you.

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#2 Consumer Comment

Failing to see the ripoff.

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

POSTED: Thursday, February 19, 2009

You messed up. You admitted it. Yet it's somehow the bank's fault.
Don't do it at your new one or you'll have to file another fraudulent report.

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#1 Consumer Comment

How did you get even with them?

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

POSTED: Thursday, February 19, 2009

It just seems that you wracked up a debt with the bank and are planning to skip out on it. That's not revenge, that's shooting yourself in the foot. Yes, this will harm your credit for the next seven years. That's going to affect your interest rate on credit cards and auto loans and may cost you a job when they see your report.

Not only that, if your new bank ever merges with Compass, you will find yourself out that money when they suddenly seize it. Imagine what it would be like if your rent check bounces because the bank exercised their right to offset.

A better strategy would be to not make seventeen transactions that result in a negative balance. How does that happen?

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