The Conservative Cave
Current Events => The DUmpster => Topic started by: USA4ME on December 08, 2009, 09:47:41 AM
-
trumad
Yesterday I was hit with $510.00 in overdraft fees from Chase Bank
34.00 bucks for every overdraft.
Here's how it happened.
My wife simply did not know that I paid all our monthly bills early instead of the middle of the month as I usually do.
So---she started buying Christmas gifts on line using our debit card.
This was a simple mis-communication between my wife and I--- IE: Shit happens and we sometimes make mistakes. Well...before I knew what she did and she knew what I did... debits started to hit and the overdraft charges started racking up.
If you were to look at my on-line account you'd see 34.00 15 times in a row. $510.00 total.
I quickly took some money out of another account I have, deposited it, and then sat down with a Chase official to explain the mistake.
The Bank guy said he had to discuss this with his Manager to see what he could do----kind of like a car salesman having to talk to his Manager for a better deal on the car.
The guy comes back and said that his Manager out of her good graces will credit me $70.00---that's right...70. My mouth fell open and I was speechless....and then he said that she was only going to do 34.00...but again, out of the goodness of her heart, she did 70.
Now anyone that knows we will attest that I don't take these things lightly....but I was so stunned at their lack of compassion with this issue that I left the Bank speechless.
So---I'm going to reevaluate my relationship with that bank and how I use banks in general.
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=7173741&mesg_id=7173741
:rotf: :lmao: :loser: :lmao: :rotf: :loser:
The stupidity of this primitive over the years is too funny.
Chase offers overdraft protection by setting up a small line of credit, just like most banks do. Apparently the usefulness of this simple courtesy never occured to this dimwit. And I assure you that if this happened to me (which it wouldn't), the $510 would go away pronto. But not true mad. No way! He doesn't take these things lightly, but then he left speechless? Wow, are you ever a pushover.
They complain about corps, but then they don't have the spine or the mental capabilities to know how to get things done if they experience difficulties. No sympathy from me and good for Chase. They don't need your lousy, unable to keep up with your own balance, low net worth anyway. Go cost some other bank money.
.
-
So the DUmmie paid bills at a time of the month that he normally doesn't, (on time?), and didn't bother telling his wife. I would say the whole thing is the DUmmies fault and he only has himself to be angry at. If he had extra cash in another account why didn't he transfer it before paying bills? I'm thinking he really menat that he had to go and take out a title loan on his car from one of those places that charge high interest rates.
-
You know? For someone who spends as much time online as Truemud. One would think he would check his balance online daily! I do, and have never had that problem since the advent of being able to bank online and transfer funds around. Sounds like he was just being irresponsible. I was married to someone like this...thank God she doesn't have access to my accts anymore!
-
Something tells me this is a regular occurrence with the DUmmie. BTW, how stupid was it of him to not inform his wife that he was paying the bills early since it would appear he keeps his account low anyway?
-
Yes, you'd think with the bank account at a razor margin, and knowing how greedy and evil those banks are, it would be a pointed conversation between them. "Watch it, we've got $10 left, and I'm not kidding."
That said, I have noticed that Chase is rather mercenary. I hear it in the radio call in financial shows. They always seem to be pulling some trick. I'll not do business with them.
-
Stupid, stupid, stupid. That's all that's in that post. I use a local bank and IF that were ever to happen to me I will guarantee I wouldn't have to pay it. I thought DUmmies were all about 'Local' purchasing yet they all want to use these huge banks then cry when no one knows them.
Oh and DUmmies ... how hard is it to have a little overdraft protection of your own? I have a little over a grand in a savings account that is linked to my checking account just in case something weird happens when I'm away from home.
KC
-
The whole key to this is that he paid his bills 2 weeks early.
That would leave open the question of why which at least in the op was not addressed or explained.
In other words a terrible oppressive event occurred due to an innocent action on his part,typical DUmmy story.
It is a lie to cover the overdraft that happened.
You always have to imagine a small child explaining something they did wrong and how they will invent or rationalize things to appear blameless.
-
At this time there is little reason to starve your checking account, unless you are truly living on a knife's edge. The interest paid on savings and money market accounts is so low right now, you may as well keep a cushion in checking, especially if you are as stupid as this DUmmy.
On the other hand, this could be a bouncy by a DUmmy who wanted to brag to the DUmp about having $510 in an account other than checking.
-
In typical DUmmie fashion:
ecstatic (1000+ posts) Mon Dec-07-09 03:11 PM
Response to Original message
17. Escalate to top management and the CEO if necessary and then go to the media
Certain banks have been trying to repair their images lately.
Call Obama!!!!!!!!!
-
Stupid, stupid, stupid. That's all that's in that post. I use a local bank and IF that were ever to happen to me I will guarantee I wouldn't have to pay it. I thought DUmmies were all about 'Local' purchasing yet they all want to use these huge banks then cry when no one knows them.
Oh and DUmmies ... how hard is it to have a little overdraft protection of your own? I have a little over a grand in a savings account that is linked to my checking account just in case something weird happens when I'm away from home.
KC
NIGHT MARE ----
Hubby shipping out for up to 9 months Cruse-----
He goes to bank and transfers his money into my checking account for the time he will be away. I will also get a check every month from the government for part of his pay for the 4 kids and myself to live on.
Set bills as mortgage and car payments will be taken from his pay, so no problem for me but to pay the utility bills while he was gone.
After 6 weeks I begin to get alerts from my bank that I have over drawn my account. Each one had a $25.00 fine and when I called the bank I found my checking account was - $ 200.00 not including the fines from the bank.
Panic time, I had NEVER called Hubby on that ship but found I had no choice. Here was Hubby out in the middle of some sea on a skimmer getting a frantic call from me.
He told me to go into the Attic and find his uniform jacket, the deposit slip was in the pocket.
I found it and marched into the bank with the deposit slip that showed the transfer from his account into mine for $2,000. dollars.
The bank manager kept insisting I give him the deposit slip but I refused, only proof I had that the money should be in my account.
This man became really mean, threatened to call the police as he felt this was a shake down either give him the deposit slip to find the reason or I was in big trouble.
I slid the slip in the front of my panties and walked out.
I went home and literally hid inside my home, for 2 weeks I thought I would be arrested, until I received a call from that bank manager who had found the problem.
The Teller had somehow with drawn Hubby's money but on the computer had placed the money right back into his account, not into mine. The handwritten receipt showed that she had transferred the money into my account.
These things happen, when one has 4 kids and no family around for 1200 miles, this gets serious.
Crap happens to military wives alone far from home. These family members need the support of everyone in their comunity.
-
NIGHT MARE ----
Hubby shipping out for up to 9 months Cruse-----
He goes to bank and transfers his money into my checking account for the time he will be away. I will also get a check every month from the government for part of his pay for the 4 kids and myself to live on.
Set bills as mortgage and car payments will be taken from his pay, so no problem for me but to pay the utility bills while he was gone.
After 6 weeks I begin to get alerts from my bank that I have over drawn my account. Each one had a $25.00 fine and when I called the bank I found my checking account was - $ 200.00 not including the fines from the bank.
Panic time, I had NEVER called Hubby on that ship but found I had no choice. Here was Hubby out in the middle of some sea on a skimmer getting a frantic call from me.
He told me to go into the Attic and find his uniform jacket, the deposit slip was in the pocket.
I found it and marched into the bank with the deposit slip that showed the transfer from his account into mine for $2,000. dollars.
The bank manager kept insisting I give him the deposit slip but I refused, only proof I had that the money should be in my account.
This man became really mean, threatened to call the police as he felt this was a shake down either give him the deposit slip to find the reason or I was in big trouble.
I slid the slip in the front of my panties and walked out.
I went home and literally hid inside my home, for 2 weeks I thought I would be arrested, until I received a call from that bank manager who had found the problem.
The Teller had somehow with drawn Hubby's money but on the computer had placed the money right back into his account, not into mine. The handwritten receipt showed that she had transferred the money into my account.
These things happen, when one has 4 kids and no family around for 1200 miles, this gets serious.
Crap happens to military wives alone far from home. These family members need the support of everyone in their comunity.
Had a similiar problem many years ago, involved much larger sums though....ergo, a much bigger "PANIC" attack. I made a large deposit and 2 or 3 weeks later I wrote checks for the company bills...no over draft protection way back then....got a call from the bank telling me they had honored all my checks but that I needed to come by and take out a loan to cover them....and the over draft charges....a rather large sum. I asked if the "BIG" check I had deposited a couple of weeks before had bounced and if so, why hadn't they called are sent me notification of it sooner....the VP of the bank said I hadn't made a deposit in a couple of months or more ...THE SEARCH WAS ON.....found the deposit slip and called him right back.... He says' "I'll call you back shortly."...He did, The teller had put my deposit in someone elses account and he had it all straightened out....when I asked about late fee's and overdraft, whatever expenses..."Don't worry about it. Everything is taken care of." ....without that deposit slip I would have been up the creek with no paddle. I took much better care of deposit slips after that.
-
That's word to the wise. I'd always been rather careless with those receipts, as I'd never had a problem in my life. Think I'll hang onto them until verification.
-
That's word to the wise. I'd always been rather careless with those receipts, as I'd never had a problem in my life. Think I'll hang onto them until verification.
This is one of the reasons I keep the $1,000 in the savings which is tied in with checking for overdraft. If I get something about my checking (which happened once due to an indentity theft) I have enough in savings to cover most things going through until I can get it sorted out. If it is the checking account by the time I get any kind of notification I have to have time to move money from somewhere else.
KC
-
This is one of the reasons I keep the $1,000 in the savings which is tied in with checking for overdraft. If I get something about my checking (which happened once due to an indentity theft) I have enough in savings to cover most things going through until I can get it sorted out. If it is the checking account by the time I get any kind of notification I have to have time to move money from somewhere else.
KC
But that's what responsible people do. DUmmies always have to be the victim.
-
NIGHT MARE ----
Hubby shipping out for up to 9 months Cruse-----
He goes to bank and transfers his money into my checking account for the time he will be away. I will also get a check every month from the government for part of his pay for the 4 kids and myself to live on.
Set bills as mortgage and car payments will be taken from his pay, so no problem for me but to pay the utility bills while he was gone.
After 6 weeks I begin to get alerts from my bank that I have over drawn my account. Each one had a $25.00 fine and when I called the bank I found my checking account was - $ 200.00 not including the fines from the bank.
Panic time, I had NEVER called Hubby on that ship but found I had no choice. Here was Hubby out in the middle of some sea on a skimmer getting a frantic call from me.
He told me to go into the Attic and find his uniform jacket, the deposit slip was in the pocket.
I found it and marched into the bank with the deposit slip that showed the transfer from his account into mine for $2,000. dollars.
The bank manager kept insisting I give him the deposit slip but I refused, only proof I had that the money should be in my account.
This man became really mean, threatened to call the police as he felt this was a shake down either give him the deposit slip to find the reason or I was in big trouble.
I slid the slip in the front of my panties and walked out.
I went home and literally hid inside my home, for 2 weeks I thought I would be arrested, until I received a call from that bank manager who had found the problem.
The Teller had somehow with drawn Hubby's money but on the computer had placed the money right back into his account, not into mine. The handwritten receipt showed that she had transferred the money into my account.
These things happen, when one has 4 kids and no family around for 1200 miles, this gets serious.
Crap happens to military wives alone far from home. These family members need the support of everyone in their comunity.
You don't check your account more often than 6 weeks at a time?
-
Sad part about it is, although I do have fun making fun of DUmmies, these situations can happen throughout difficult times in your life. Layoffs, being let go due to downsizing, etc., we're not exempt. Sure, you can save up to live, but that too has an end. What if you can't find a job? My best friend has been unemployed for the past 6 months. ....then again, I don't think he's looking too hard. Spent the entire summer in his parent's beach house in Mex Beach and now lives down near Bluffton in his deceased aunts house.
-
You don't check your account more often than 6 weeks at a time?
Of course not. It would spoil the bouncy tale.
-
Sad part about it is, although I do have fun making fun of DUmmies, these situations can happen throughout difficult times in your life. Layoffs, being let go due to downsizing, etc., we're not exempt. Sure, you can save up to live, but that too has an end. What if you can't find a job? My best friend has been unemployed for the past 6 months. ....then again, I don't think he's looking too hard. Spent the entire summer in his parent's beach house in Mex Beach and now lives down near Bluffton in his deceased aunts house.
When you are young this scenario makes more sense. As you get older you realize you should always have at the least 6 months bills in the bank. If real estate tanked completely today I could make my bills for at least 6 months as they are set up. I could cancel a bunch of stuff and go a year.
KC
-
I perfer credit unions. I heard Chase offer second chance banking, maybe this DUmmie was on a "second chance".
-
The whole key to this is that he paid his bills 2 weeks early.
That would leave open the question of why which at least in the op was not addressed or explained.
In other words a terrible oppressive event occurred due to an innocent action on his part,typical DUmmy story.
It is a lie to cover the overdraft that happened.
You always have to imagine a small child explaining something they did wrong and how they will invent or rationalize things to appear blameless.
That was my thought. I don't believe his story of how it happened for a second. (Assuming it's a him, he says he has a wife, but with a DUmmy that doesn't tell you anything).