Complaint Review: Wachovia Bank - Atlanta Georgia
- Wachovia Bank www.wachovia.com Atlanta, Georgia U.S.A.
- Phone: 800-wachovia
- Web:
- Category: Banks
Wachovia Bank Manipulating debits to cause overdrafts Atlanta Georgia
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I was told by a Wachovia Customer Service Representative that they pay the largest debit first, rather than paying them in the order they are received (which is a complete change from their original policy of paying in order of debit card use). I have been injured and out of work for several months, so money is particularly tight. I was charged in excess of $500 for the bank to pay less than $100 in debit charges for me, and the amount that I was overdrawn was originally $1.32. They paid the largest item rather out of order rather than paying the small items which caused many overdrafts. Consumers should know that debit overdrafts are a FOUR BILLION DOLLAR industry each year for the banks. They want your money, there is no doubt about it.
Anonymous
atlanta, Georgia
U.S.A.
This report was posted on Ripoff Report on 11/13/2008 12:05 PM and is a permanent record located here: https://www.ripoffreport.com/reports/wachovia-bank/atlanta-georgia-30305/wachovia-bank-manipulating-debits-to-cause-overdrafts-atlanta-georgia-390873. 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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