Regions Bank Regions has three exciting ways to take your money! #1 If you don't sufficient have funds to cover a debit at the exact time of the debit, (even if your transfer money over a second afterwards) they charge a fee. #2 If that doesn't work they reorder your debits so that the largest comes out first (usually pretty effective) #3 They will add up all your debits for the day...if the total is more than your balance at the end of the day, even by a penny, they proceed to charge an NSF fee for every debit for that day. Gotta hand it to you Regions...pure evil genius! And, you got people to agree to it before hand! I'm definitely in the wrong business.:) Montgomery Alabama

Take every comment here in the most positive light possible.  Otherwise, you're wasting your time on this website.  I didn't suggest anything except using cash when you have a low balance and that the banking industry as a whole makes money off of people over their overall general carelessness of using debit cards.  Every yahoo out there tells people not to use credit cards because the careless use of credit will lead people into getting into huge amounts of debt, but somehow it's OK to be careless with a debit card?  The latter problem is now so bad that the % of people who cannot open a bank account due to lack of money, OR can't open a bank account because they now appear in Checksystems - an alert system for banks to let them know when someone tries to open a new  account when someone who has a negative balance from their last bank account (The new bank tells the prospective customer...no account for you)... is now about 20% - or 1 in 5.   Accordingly, lots of people are in the same boat as you are and some obviously are much worse.

Best of luck to you.....

I am nearsighted.  I should use cash.  Thanks for teaching me a valuable lesson, really.  I hate that you were rude, though.  You had some very good information to share with me.  People have a tendency to listen to nice people, though.  You could be very helpful to people if you think about that in the future.  Yes, I learned my lesson.  Yes, I was joking about the nearsightedness - I know what you mean.  Also, when you make fun (in which you did) of people, it comes back around to bite you.  When you said I obviously did not have cash on hand - I did not.  Some people are not born with a golden spoon in their mouths.  Yes, I am middle class.  Yes, I am a full time employee.  Yes, my children will do better than I did, as that is why I do not have a spare $200 - one is out of college and two are in.  And, the lawsuit remark makes me think you are of esquire, along with quite a swift, sharp tongue.

Maybe I can teach a thing or two to you. 

All this really boils down to is that you cannot balance your checking account and for that - you need a check register.  What is obvious to me (and clearly not to you) is that your account balance was way too low for you to even be using a debit card.  If you have a balance below $200, don't use a debit card - period and end of story.  Debit cards were given to you by your bank so it would be convenient for you to simply slide your card instead of writing a check or paying cash.

Tell us all - how REALLY convenient was it for you to begin a cascading stream of overdrafts with your debit card??  Was it REALLY worth all of the NSF fees you incurred??  Had you simply stuck to cash - the question then arises - would you have still spent the money you did??  Probably not, since you would not have had cash in hand to do so.

All of the other items you describe (reordering transactions, etc...) as you said - you already agreed to.  If you have sufficient funds in your account, the transactions can be ordered in any number of ways, and you won't overdraft your account.  Here's the best part; not only do all the banks do it (not just this one), but the courts ruled in favor of the banks in a class action suit against Wells Fargo for the exact same practice, and against the consumer.  If you don't believe me about other banks reordering transactions, just look up any of the large banks on this website and you'll see the same general complaint as the one you're lodging.  To pick this one bank out as an example - seems a bit myopic on your part.

At the end of the day, had you simply stuck to using cash....you would not have the cascading overdraft situation.  Banks make money off of people using debit cards - keep that in mind the next time you pull the card out to be used.  I want you to look carefully at the debit card the next time you're tempted to use it and ask yourself....what is that card going to cost me to use??  If you have a balance under $200 in your account, the answer is - it could be a lot.  The only time you should ever use your debit card is when you pull cash out of the ATM - and that's it.

Best of luck to you....

Not in the banking business, in the scamming business.  Yes, you would have to overdraw your account, in which I did in the amount of $12.00, but was charged for numerous other "pending" amounts since they group them together into one amount, then charge you for each and every transaction.  I do not know of another large banking business that does this.  Where I think they are incorrect is when the lady over the telephone told me they took the larges transaction, and on and on in descending order. 

That would have been fine.  But, they grouped all of them.  Yes, it was stupid of me not to balance my checkbook (as you pretty much stated), but, hey, I'm a widow trying to raise a grandbaby and put two children through college, so lay off.  I think the nice thing to do is THINK before you speak (or judge).  Regions is wrong, but I do thank you for your input, although it was quite a rushed opinion from someone who does not know details.  If Regions lied, they lied.  Bottom line.

Just out of curiosity, do you know of any major banks that don't do all three things that you mentioned?    All three items have one thing in common.  You have to overdraw your account first.

" I'm definitely in the wrong business "

  If you can't balance a check register, it's unlikely that you'd be successful in the banking business.