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Report: #459966

Complaint Review: Bank Atlantic - Margate Florida

  • Submitted:
  • Updated:
  • Reported By: Boca Raton Florida
  • Author Confirmed What's this?
  • Why?
  • Bank Atlantic 7282 W. Atlantic Blvd. Margate, Florida U.S.A.
  • Phone: 954-917-9929
  • Web:
  • Category: Banks

Bank Atlantic Bank Atlantic - THE PREDITOR BANK - BEWARE!!! My sister makes a living week to week like most of us. MAN did they take all her $$$. Margate Florida

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My sister put $300 in Bank Atlantic on Friday. The Rep. told her that she could spend $100 of it until Monday when the rest will clear. She did do as the Rep. advised. So on Monday she believed her $$$ was clear and spent an additional $20. Making it a total of $120. On Tuesday she discovered that her account was negative $120. She went into Bank Atlantic to see what was wrong. At that time is when they told her they charged her 8 overdraft charges for going over her limit. (They made no attempt at anytime to fix the overdrafts.)

1st she did deposit $300. - That is her $$$ RIGHT?
2nd she only spent $120.

Seem like this is taking advantage of a hard working person? Maybe PREDITORY. I can see if she had no $$$ in the account and just spent away. Maybe then take 8 overdrafts.

If there was no $$$ in the account why let her keep using the account?

I am in the financial biz Non Banking related - I believe this is the next BANKING SCAM - (Predatory Practice = Bank Atlantic.) Seems like an act of desperation for a Bank that I hope goes under very soon.

MrDragonfly(((REDACTED FOR SECURITY PURPOSES)))
Boca Raton, Florida
U.S.A.
CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 06/09/2009 08:42 AM and is a permanent record located here: https://www.ripoffreport.com/reports/bank-atlantic/margate-florida-33063/bank-atlantic-bank-atlantic-the-preditor-bank-beware-my-sister-makes-a-living-week-459966. 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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