Complaint Review: NetBank - Alpharetta Georgia
- NetBank 11475 Great Oaks Way Alpharetta, Georgia U.S.A.
- Phone: 888-256-6932
- Web:
- Category: Banks
NetBank is a ripoff; Stealth Service Charges For No Services. Alpharetta, Georgia
*Consumer Suggestion: It's in the sign-up agreement
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Don't use this Internet bank!
I set up a checking account with another bank, which was succeeded by NetBank. I made the mistake of using NetBank's "free" online bill-paying service. I used it just once. Then I didn't use the account for about a year: no bill-paying, no checks, no deposits, no withdrawals.
Today, I looked at the online account statements for my account. I discovered that for the last nine months, I've been charged two monthly service charges -- one for three dollars and one for five dollars. Yes, I was charged a total of eight dollars a month for not requiring any services. If not getting services from NetBank costs eight dollars a month, imagine what NetBank would charge for processing checks!
I called NetBank's "customer service." I was told that I agreed to the three-dollar service charge, or maybe it was the five-dollar service charge, when I signed up for "free" bill-paying. (Funny, I don't remember agreeing to pay anything for something that was supposed to be "free.") No one had an explanation for the other service charge was for.
Margaret
Vienna, Virginia
This report was posted on Ripoff Report on 07/25/2002 02:04 PM and is a permanent record located here: https://www.ripoffreport.com/reports/netbank/alpharetta-georgia-30022/netbank-is-a-ripoff-stealth-service-charges-for-no-services-alpharetta-georgia-25346. 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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#1 Consumer Suggestion
It's in the sign-up agreement
AUTHOR: Tom - (U.S.A.)
SUBMITTED: Tuesday, December 17, 2002
As it clearly states in the sign-up agreement, Netbank accounts that are not used for three months in a row are subject to a $3.00 service charge per month. This isn't unusual, excessive, or "stealth".
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