Complaint Review: Sovereign Bank - Harrisburg Pennsylvania
Ripoff Report on CBS 19
Ripoff Report on CBS 19 - Global Marketing Alliance
Ripoff Report on ABC 15 - Smart Shopper
Ripoff Report - Girls Gone Wild
Ripoff Report on Fox 11 - Car Repair
- Author Confirmed
- Sovereign Bank Second Street Harrisburg, Pennsylvania U.S.A.
- Phone:
- Web:
- Category: Banks
Sovereign Bank Ridiculous overdraft fee and deposit/withdrawal policies Harrisburg Pennsylvania
*Consumer Comment: You are clueless.
*Consumer Comment: You are clueless.
*Consumer Comment: You are clueless.
*Consumer Comment: wow, great plan!
Show customers why they should trust your business over your competitors...
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
I was a customer with Sovereign bank for over 12 years and I finally had enough. Admittedly, I knew my account was overdrawn due to a calculation error on my part, so I expected to get one overdraft message and one fee of $33. It seems that the bank had a different idea. They held all of my transactions for 8 days, then took the largest withdrawals out first (not in the order in which they came in), which overdrew my account 9 times. I owed them $209 in overdraft fees. Then they decided to freeze my account with no notification. It took me three days to get that straightened out.
I deposited approx. $1500 a few days later and when I went to the MAC machine, my account was still frozen. FYI, when they freeze your account, the customer service people on the phone WILL NOT HELP YOU AT ALL. You physically have to go to your branch and have them take off the hold.
After the second time of doing this and having 4 more overdrafts in the meantime (because they 'forgot' to take off the hold the first time), I took all but $4.86 out of my account and went to a new bank. I want them to waste their time, resources and effort managing my $4.86 for the rest of my life.
Tiredofbanks
Harrisburg, Pennsylvania
U.S.A.
This report was posted on Ripoff Report on 07/25/2008 10:36 AM and is a permanent record located here: https://www.ripoffreport.com/reports/sovereign-bank/harrisburg-pennsylvania-17110/sovereign-bank-ridiculous-overdraft-fee-and-depositwithdrawal-policies-harrisburg-pennsyl-355588. 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
If you would like to see more Rip-off Reports on this company/individual, search here:
#4 Consumer Comment
You are clueless.
AUTHOR: John - (U.S.A.)
SUBMITTED: Saturday, July 26, 2008
'They held all of my transactions for 8 days'
Doesn't work that way as much as you'd like to think so. They get processed when the merchant at which you purchased something decides they are going to collect on it.
You are not THAT important that they are going to waste their time to watch an account that does not have enough money in it. You spent money you didn't have plain and simple.
#3 Consumer Comment
You are clueless.
AUTHOR: John - (U.S.A.)
SUBMITTED: Saturday, July 26, 2008
'They held all of my transactions for 8 days'
Doesn't work that way as much as you'd like to think so. They get processed when the merchant at which you purchased something decides they are going to collect on it.
You are not THAT important that they are going to waste their time to watch an account that does not have enough money in it. You spent money you didn't have plain and simple.
#2 Consumer Comment
You are clueless.
AUTHOR: John - (U.S.A.)
SUBMITTED: Saturday, July 26, 2008
'They held all of my transactions for 8 days'
Doesn't work that way as much as you'd like to think so. They get processed when the merchant at which you purchased something decides they are going to collect on it.
You are not THAT important that they are going to waste their time to watch an account that does not have enough money in it. You spent money you didn't have plain and simple.
#1 Consumer Comment
wow, great plan!
AUTHOR: Chloe - (U.S.A.)
SUBMITTED: Saturday, July 26, 2008
Until they charge you monthly dormant account fees and charge off your account.
"I took all but $4.86 out of my account and went to a new bank. I want them to waste their time, resources and effort managing my $4.86 for the rest of my life."
Related Reports
02:12 AM
01:20 PM
04:43 PM
07:47 PM
08:36 PM
02:13 PM
07:39 AM
02:29 PM
04:52 PM
02:54 PM
02:45 PM
New Updated Rebuttal 
Photo 
Advertisers above have met our
strict standards for business conduct.
