Wells Fargo Frozen account Internet

"....I somehow managed to receive 80 overdraft fees in the last year because of the way they post items online. Sometimes you will see somthing 1 day and it will be gone the next which is very confusing when you are trying to balance your check book..."

You were relying on on-line banking as your check register instead of keeping one yourself. On-Line banking is a "snapshot" in time of what is happening with your account. Which is why things seem to disapear and re-appear. They are holds being placed/removed and actual charges being put on your account. On-Line banking was NEVER meant to be the sole(or even primary) method of managing your account. However, over time people have gotten lazy(yes lazy) and figured they could stop managing their account. Instead of doing what people did before and keep their own register. On-Line banking does not know what you have spent until it is submited by the merchant. This could be 2-3 days AFTER you spend the money. It does not know you have written a check until the bank receives it, again this could be a week or so after you wrote it.

Now as to them freezing your account, they do have the right to do that. The reason you were not notified is because you would have taken all of the money out, which defeats the purpose of the freeze. The reason for the freeze was the fact you had 80 OD's which could raise some flags on your account. The hold is more of a Stop Loss situation. They want to make sure that no other "pending" items or checks hit the account before they give you the money back. This is why they gave you a date of March 24th, which gives this about 2 weeks.

The best thing I can suggest is that when you do open up another account. Open up one only. If you keep an accurate register, handling 1 will be much simpler. The second thing is to cut up the Debit card and throw it away. Go back to using Cash for your small purchases, and checks for the larger ones. A Debit Card is a convinience, but can be a fee hog if you do not keep on top of your account. Then use the On-Line banking as a VERIFICATION to your register. If you use it as your sole method of balancing your account you will run into the same problem again.

"I somehow managed to receive 80 overdraft fees in the last year because of the way they post items online."

Nope. You have overdrawn your account 80 times because you cannot keep an accurate record of what you are spending. It is mathematically impossible to accrue overdraft fees solely because of how items are posted. You must first overdraw the account. While you claim to be balancing a checkbook, you state that the online feature is messing you up. You should not be relying on data you see online for determining what your real balance is.

A well maintained check register is all you need. I've had people tell me that this is not possible, until I remind them that people successfully balanced their checkbooks for over a hundred years before online banking was available.

Accumulating 80 overdrafts in a year is going to make just about any bank shut down the accounts, although I do agree with you that they should have notified you.

"I somehow managed to receive 80 overdraft fees in the last year because of the way they post items online."

Nope. You have overdrawn your account 80 times because you cannot keep an accurate record of what you are spending. It is mathematically impossible to accrue overdraft fees solely because of how items are posted. You must first overdraw the account. While you claim to be balancing a checkbook, you state that the online feature is messing you up. You should not be relying on data you see online for determining what your real balance is.

A well maintained check register is all you need. I've had people tell me that this is not possible, until I remind them that people successfully balanced their checkbooks for over a hundred years before online banking was available.

Accumulating 80 overdrafts in a year is going to make just about any bank shut down the accounts, although I do agree with you that they should have notified you.

"I somehow managed to receive 80 overdraft fees in the last year because of the way they post items online."

Nope. You have overdrawn your account 80 times because you cannot keep an accurate record of what you are spending. It is mathematically impossible to accrue overdraft fees solely because of how items are posted. You must first overdraw the account. While you claim to be balancing a checkbook, you state that the online feature is messing you up. You should not be relying on data you see online for determining what your real balance is.

A well maintained check register is all you need. I've had people tell me that this is not possible, until I remind them that people successfully balanced their checkbooks for over a hundred years before online banking was available.

Accumulating 80 overdrafts in a year is going to make just about any bank shut down the accounts, although I do agree with you that they should have notified you.