USBANK USBANKCORP Overdraft fees are outrageous, when you aren't even overdrawn Minneapolis Minnesota

Hey,

I had a similar problem with US Bank. I had $50 in my account and wrote a $30 dollar check on friday. On Saturday, I bought a $30 item on the internet and then went to deposit $20 in the bank.

The $30 got "locked" in the account so when the check went through, I only had $20 in the account; I got an overdraft fee and my balance went to -15, and then the deposit went through for $20, bringing me up to $5 and then the internet purchase was processed, dropping me down to -25 and then -60 because of the second overdraft fee.

I told this story to the "us bank sucks" site at http://usbanksucks.portallane.com/contact-us/ and they gave me a free pdf on with steps to resolve this! I got one of the fees waived, which is the worse case for what I was expecting in the first place.

Hey,

I had a similar problem with US Bank. I had $50 in my account and wrote a $30 dollar check on friday. On Saturday, I bought a $30 item on the internet and then went to deposit $20 in the bank.

The $30 got "locked" in the account so when the check went through, I only had $20 in the account; I got an overdraft fee and my balance went to -15, and then the deposit went through for $20, bringing me up to $5 and then the internet purchase was processed, dropping me down to -25 and then -60 because of the second overdraft fee.

I told this story to the "us bank sucks" site at http://usbanksucks.portallane.com/contact-us/ and they gave me a free pdf on with steps to resolve this! I got one of the fees waived, which is the worse case for what I was expecting in the first place.

Hey,

I had a similar problem with US Bank. I had $50 in my account and wrote a $30 dollar check on friday. On Saturday, I bought a $30 item on the internet and then went to deposit $20 in the bank.

The $30 got "locked" in the account so when the check went through, I only had $20 in the account; I got an overdraft fee and my balance went to -15, and then the deposit went through for $20, bringing me up to $5 and then the internet purchase was processed, dropping me down to -25 and then -60 because of the second overdraft fee.

I told this story to the "us bank sucks" site at http://usbanksucks.portallane.com/contact-us/ and they gave me a free pdf on with steps to resolve this! I got one of the fees waived, which is the worse case for what I was expecting in the first place.

Hey,

I had a similar problem with US Bank. I had $50 in my account and wrote a $30 dollar check on friday. On Saturday, I bought a $30 item on the internet and then went to deposit $20 in the bank.

The $30 got "locked" in the account so when the check went through, I only had $20 in the account; I got an overdraft fee and my balance went to -15, and then the deposit went through for $20, bringing me up to $5 and then the internet purchase was processed, dropping me down to -25 and then -60 because of the second overdraft fee.

I told this story to the "us bank sucks" site at http://usbanksucks.portallane.com/contact-us/ and they gave me a free pdf on with steps to resolve this! I got one of the fees waived, which is the worse case for what I was expecting in the first place.

LOL - this has nothing to do with politics. Anyone who thinks so is a fool.

Now, to your issue. You admit through your own post that you do not manage your money well. You stated the following:

1. ....so even if you do check online religiously, as I do, their balance is always different. I have 3 balances and not one of them matches what the lady on the phone says!!

2. ....I have deposited $1700 into my account in the last 2 days and I am still negative over $100 even though my total withdrawals (and I did not have a negative balance before) are $1283.19. How does this happen!?


If you have to call someone to find out the balance in your account, that is money mismanagement. If you check online everyday to find out the balance in your account, that is money mismanagement. You should be keeping a written accurate checkbook with your transactions documented. The only reason to check online is to determine if there are any unauthorized debits to your account you aren't aware of, or to write down a transaction you may have forgotten.

If you don't believe writing your transactions down is of any value to you, think about all of the NSF fees you've incurred and tell me it's not of value to you?

Finally, you hit the nail on the head - credit unions. I have used them for 25 years and would not think of opening an account at a bank unless I absolutely needed to and then the account would be dormant most of the time.

When you use your debit card it takes THREE BUSINESS days for the transaction to FULLY clear. The money is taking from you immediately as an authorization, but the full 3 days still need to go by before the transaction is considered fully PAID. During this time any checks presented for payment on your account and other cleared debit transactions affect your AVAILABLE balance. This is when NSF/overdraft charges occur. They are fully valid bank charges. Don't spend more money than you have, balance your checkbook daily if you use your debit card, and always go by your Available Balance.

Ultimately this is a political issue.....Americans have been primarily been voting in conservative politicians to protect "values," but in reality it's all been a bait & switch scam...They're only concerned with the values of big businesses. Banks are basically free to do as they please now.