posted on Aug, 14 2009 @ 07:44 PM
So I got money out of an ATM yesterday and ended up overdrawing the account by $0.10 (yes, ten cents) because the machine I usually use was out of
order and I went down the street to use a different one, and the bank charged a fee for using another bank's ATM...
I came home and called the bank's automated system to check the balance, hoping the ATM receipt was wrong... it wasn't. So my husband called the
bank to talk to someone. The woman at the bank said the transaction was pending and the overdraft fee hadn't been tagged on yet. So, my husband took
$1 to the bank real quick so we wouldn't get the fee.
Apparently, the bank teller told my husband that if he didn't deposit that dollar, we would've got a $37 fee for our $0.10 overdraft. That's
like... what? 3700% interest on a 10-cent loan?! Something completely ridiculous like that anyway...
She told him that the bank fee was actually only $5, but the FED charges the BANK $32 when a customer overdrafts, so they have to tag that on too.
That's just ridiculous!
I even called to check our balance before I went to the ATM, to make sure there was enough for the withdrawal plus the typical $1.75 ATM fee, but I
didn't expect to use a different ATM and get an additional fee.
Anyway, this is what I think of bankers... :bash: