Do you feel that banks are charging more fees and providing less.

1. 60

   trcyphposted 15 years ago

   How do you feel about depositing your check into your bank account
   and having the bank slap a hold on your check for 7 days, cashing the check
   you deposited in 24 hours and then charging you overdraft fees on every
   transaction that went through your account.

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2. 61

   Kidgasposted 15 years ago

   You are getting screwed.

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   1. 60

      trcyphposted 15 years agoin reply to this

      I know it but there is nothing that you can do once they charge you the
      fees to get your money back.  Its sickening

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3. 59

   Eric Graudinsposted 15 years ago

   Not to mention that the bank usually  processes the cheque and the proceeds reach them in a day or so. They then collect interest on your money before it is released to your account after the 7 day clearance period. 
   
   With the dishonour fees, it's a nice little earner for them!
   
   Banks is bastards.

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4. 0

   dennisemattposted 15 years ago

   k. what bank? mine stinks. if I use more then the "available balance" even if I depsoit CASH...they charge me 35 dollars per transaction. PLUS if I have less then 100 dollars per day, they charge me a fee. RIDICULIOUS!!!!!!! I am in the process of switching to a credit union!!!!

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   1. 60

      trcyphposted 15 years agoin reply to this

      Bank of America

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      1. 74

         Eaglekiwiposted 15 years agoin reply to this

         sucks!!

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5. 51

   kmackey32posted 15 years ago

   Hmmm one of my friends from work refuses to use a bank. I am almost thinking of doing the same.. She pays everything with cash. I am so tired of all the hidden charges they cost me... She hides all her money in her house and pays everything with cash. she also always has money.

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6. 90

   RGrafposted 15 years ago

   We must bank at the same one.  I got my first paycheck from a new job.  They had to issue a paper check the first time before direct deposit.  They put a five day hold on it.  Automatic withdrawals bounced like crazy.  Bank said I should have anticipated that.

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   1. 74

      Eaglekiwiposted 15 years agoin reply to this

      Yea right ,like they did???......grrrr
      
      So wheres our bail out huh

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      1. 90

         RGrafposted 15 years agoin reply to this

         I've been asking the same thing.  I worked hard for that money.  I should receive it as fast as they do in this wonderful world of electronics.

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7. 74

   Eaglekiwiposted 15 years ago

   It is wrong and they get away with it.
   They know it, and dont care.
   
   I really wish we didnt need to use banks ,especially when you relise how much control they have.
   
   They dont serve like they used too.
   
   Its all wrong.

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8. 0

   ysdataposted 15 years ago

   I recently had another kind of bank issue.  I open a CD and the customer service rep told me I had to wait until the maturity date to get the interest.  Turns out, she was wrong.  I open another CD and another customer service rep asked "post the interest to my checking account" or "hold it until maturity".  I hit the ceiling.  The bank manager corrected the issue with the 1st CD, but boy was I mad.

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9. 61

   onthewritesideposted 15 years ago

   The most ridiculous fee I think I've encountered is for non-account holders.  If a client writes me a check, I should be able to go to his bank and, with proper ID cash it.  But since I don't have an account at that bank, they want to charge me to cash their own client's check!  It was a $20 check and they wanted to charge me $5 to cash it!!!  My bank doesn't do this, thank goodness, but if it did I would bail.

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