I make the beast with two backsing HATE banks.

[Betty Rage]

Yeah he's closing all his accounts and writing an email to corporate. He got all the associate's names.

[derby]

1. he didn't know his account number from memory (who does?)

i do. 

[Betty Rage]

i do. 

shhhhh....

[Supero100]

A) Don't overdraft your checking account.

Good advice from Drjones

Most of the time, if it's the first time in a while you've overdrawn your account, a polite discussion with a bank officer is all you need to do to have your charges reversed. I reverse the vast majority of requests I receive - except when the person is behaving like they're entitled, or just otherwise acting like a peckerhead. I'm happy to be fired by those clients.

That being said, I've seen too many stupid people overdrawing their accounts 4 or 5 times a year, and acting shocked when there's a fee to use money you don't have in your account. The other alternative is to bounce your check, deny your debit card, etc. Is that preferable?

Yes - the fees are a nuisance - - they're supposed to be a negative feedback. Just manage your finances better, for make the beast with two backs's sake. It's not that hard. Not as hard as doing the valves on a Duc for sure!


Neenja, your situation is unfortunate. Sounds like some nervous minions overreacted. On the other side of the dime, however, you wouldn't want it to be too easy to empty your grandma's account, right? We get dragged to arbitration all the time because divorcing spouses make the beast with two backs with each other's accounts... what's the problem with making sure a major transaction like emptying an account is done with the knowledge & consent of all account owners? Banks cover fraud cases out of their pockets, too.


A brief story about how much fun the general public is to deal with:
A couple months ago, a colleague had a walk-in want to open an investment account. The guy was very dodgy about his employment and the source of the funds he wanted to open the account with, etc. Long story short, my colleague decided after consulting with the compliance lawyers, not to open the account based on what little info he provided. Blame your congressmen & congresswomen for the Patriot Act. So this peckerhead left a death threat on my colleague's voicemail, twice. Then he camped out in front of my colleague's house. My friend has two kids under 4 yrs old - and was just asking for more information.

Believe me when I say it's a career that has been fairly make the beast with two backsing miserable for the last couple years.

[Betty Rage]

Good advice from Drjones

Most of the time, if it's the first time in a while you've overdrawn your account, a polite discussion with a bank officer is all you need to do to have your charges reversed. I reverse the vast majority of requests I receive - except when the person is behaving like they're entitled, or just otherwise acting like a peckerhead. I'm happy to be fired by those clients.

That being said, I've seen too many stupid people overdrawing their accounts 4 or 5 times a year, and acting shocked when there's a fee to use money you don't have in your account. The other alternative is to bounce your check, deny your debit card, etc. Is that preferable?

Yes - the fees are a nuisance - - they're supposed to be a negative feedback. Just manage your finances better, for make the beast with two backs's sake. It's not that hard. Not as hard as doing the valves on a Duc for sure!


Neenja, your situation is unfortunate. Sounds like some nervous minions overreacted. On the other side of the dime, however, you wouldn't want it to be too easy to empty your grandma's account, right? We get dragged to arbitration all the time because divorcing spouses make the beast with two backs with each other's accounts... what's the problem with making sure a major transaction like emptying an account is done with the knowledge & consent of all account owners? Banks cover fraud cases out of their pockets, too.


A brief story about how much fun the general public is to deal with:
A couple months ago, a colleague had a walk-in want to open an investment account. The guy was very dodgy about his employment and the source of the funds he wanted to open the account with, etc. Long story short, my colleague decided after consulting with the compliance lawyers, not to open the account based on what little info he provided. Blame your congressmen & congresswomen for the Patriot Act. So this peckerhead left a death threat on my colleague's voicemail, twice. Then he camped out in front of my colleague's house. My friend has two kids under 4 yrs old - and was just asking for more information.

Believe me when I say it's a career that has been fairly make the beast with two backsing miserable for the last couple years.

I totally understand security and protecting people's accounts, even my father had no problem providing additional ID and information. He even understood calling my grandma to verify. But calling the cops after all that? It seemed un necessary, seeing as he verified his identity and his intentions several times over.

[He Man]

Ofcourse you shouldnt over draft, but shit happens sometimes. I dont keep much money in my checking account. Most of my money sits in the savings, or cash. So when I forget to rbing cash with me, ill just put it on my debit card, such as food and such. HOWEVER, what tipped the hat was a subways sandwich i purchase last week that didnt get credit it until this morning. I check my chase online account once a week to make sure that i have enough money to cover whatever i spent that week too.

It usually takes 3-5 days with chase to process a debit purchase. But this time it took more than a week. Probably casue of thanksgiving. I'm jut gonna start using my credit card instead.  I wouldnt be so upset if htey just charged me an overdraft fee since it was my fault, but to literally bend me over and make the beast with two backs me is another. I had already specifically request that it be taken out of my checking. now i have to pay $55 in fees cause of a sandwich. This is as bad as that $115 bottle of water. 

NeenjaMastah, that is one serious BS way to treat a customer. Whatever happene to bank after he wrote an email to them?

[ducpainter]

i do. 

somehow...

that does not surprise me.

[mitt]

I hate em too!

Seems like now-a-days at my bank (which is a big national chain), the workers behind the counters at all the branches are rejects who couldn't get jobs at Target.  Makes me feel pretty unsafe handling my money.  I want to change, it is just a pain, with several accts, safety deposit box, all my online payments, etc.

mitt

[Statler]

I am becoming convinced the world is full of people who cannot take responsibility for themselves and need to blame anyone and everyone else for problems.

Does nobody understand how to effectively communicate with businesses without cursing and screaming?    Does everyone run right to the internet to post how somebody else is evil, screwed up, or otherwise just wrong?

Everyone has the ability to go from joe nobody with one account at the bank complaining about how unfair life is, to being on first name basis with local bank president with multiple accounts and investments.  Know what?  They treat you better then.

Similar to the evil Duc dealer threads.

Go fix it and stop whining.  A polite and professional letter will fix how they handle your personal overdraft situation...something serious enough that it should have never been relied on with a phonecall anyway.

On a different post issue...I hope it was just a bad example; but if someone has 1,000 in an account and is borrowing 10K to buy a Duc, they can't afford the Duc no matter what the lending rate is.

[Randimus Maximus]

well said, Stat.

Everyone has the ability to go from joe nobody with one account at the bank complaining about how unfair life is, to being on first name basis with local bank president with multiple accounts and investments.  Know what?  They treat you better then.

Same thing could be said for an airline that you fly regularly, hotel or chain of hotels you stay at regularly, restaurant or bar you frequent, dealership or service provider, etc.

[Supero100]

I totally understand security and protecting people's accounts, even my father had no problem providing additional ID and information. He even understood calling my grandma to verify. But calling the cops after all that? It seemed un necessary, seeing as he verified his identity and his intentions several times over.

No doubt. Cops should not have been called. It was probably the CCW ID that made the person nervous... it's a bummer your dad had to go through that 

[Supero100]

Ofcourse you shouldnt over draft, but shit happens sometimes. I dont keep much money in my checking account.

So make your artificial $0 level anytime the account drops below $1,000.

Savings accounts aren't paying much interest these days anyway...

Most of my money sits in the savings, or cash.

[He Man]

You make sense. I just need to shift my zero level and i woudlnt of had this issue.

That last quote.. I have the classic money in my house for regular everyday spending...aka gas/train +lunch and just withdrawl when that reserve goes low. You're right savings dont pay much, if any at all, but the main point in putting the rest of my money in savings is simply cause my debit card cant access it. you know the whole deal, sliding a card and giving someone your cash has two different feelings. One makes you spend wisely the other makes you the proud owner of 9 things you dont need.

[R2]

On a different post issue...I hope it was just a bad example; but if someone has 1,000 in an account and is borrowing 10K to buy a Duc, they can't afford the Duc no matter what the lending rate is.

I would say you're assuming they only have 1 account.   

I'm not sure if maybe your considering a Duc a luxury vehicle and consider it different than a car, but I've bought a couple cars with less than $1000 in the bank after the down payment.

[LA]

On a different post issue...I hope it was just a bad example; but if someone has 1,000 in an account and is borrowing 10K to buy a Duc, they can't afford the Duc no matter what the lending rate is.

Sorry, l but I don't understand that one.

And I've bought a couple of really nice houses, several really nice bikes, boats and cars, paid for them WAY in advance of the payoff date and never put any money down on ANY of it.

And don't most banks have "bounce-less checking" if you have good credit and quality for the "program"? 

LA