posted on Aug, 14 2010 @ 08:31 AM
I don't have a bank account at a bank, I don't trust them. I do have a prepaid VISA from WalMart that I use for bills and saving. I can't go over,
it won't let me!
I never understood why a bank would allow a transaction to go thru when they KNOW there are no funds? You can't write a check for an account with not
enough funds, check systems will make sure of that, yet they will allow a debit card to go thru where there are no funds? The fees they charge are
insane and nobody is perfect, most people I know have overdrafted over pennies or a few dollars.
My ex put the wrong change amount on a check to Bank of America and it caused and overdraft fee spiral. We got hit with a lot of OD fees, each item
that came in after that we got a charge on and they were all bills for the month so it was a lot. It was all over not even 10cents! I was so angry
that just because my ex made a mistake over 10cents it got us an insane amount of fees. I realize it was his mistake but was it worth hundreds of
dollars?! It's a scam! We closed the account after we PAID the fees and went to a new bank. It was a local run bank and they were awesome. Their
polices for overdraft were amazing. It was a great bank and we stayed there for years, my ex still has the account. If you were going to over draft
they would try and contact you for up to 5days to let you know and they wouldn't put it through. If they knew you deposited a check every week or at
a certain time they would hold it until then for you. I was amazed at how they worked with their customers. This is probably the nicest bank I have
ever dealt with and I don't personally like banks. I however did the banking after that
In some ways I feel some deserve over draft fees, they know they are putting something through they shouldn't and therefore should be charged. I
have a friend who pays OD fees montly but it doesn't phase her. I think she is a little nuts personally. Her thought is it will only cost her an
extra 30 bucks or so for her purchase so it's no big deal. I mean who has that logic?! Well sadly, a few from what I have seen.