The Biden Administration to cap Banks over draft fees at $3.

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NOTHING WORSE THAN THE BANK REORDERING YOUR PURCHASES SO THE BIG ITEMS GO THROUGH FIRST. THEN THEY RETURN EVERY SMALL PURCHASE. YOU GET HIT FOR 35 BUCKS ON A 5 DOLLAR PURCHASE AT THE GAS STATION

What always pissed me off about it was if you had multiple transactions go through, they'd charge them in order of the highest purchase to the lowest assuring you got as many overdraft fees as possible. I called and cussed my bank out about it their reasoning was "they wanted to make sure the most expensive one went through as it's likely more important" knowing damn well its cause they want the bigger purchase to push you into the negative faster so they could collect that OD fee on as many items as possible.

Damn beat me to it.

Happened to me one time where a big purchase wasn't supposed to go through until a week later but somehow came through early. Got hit with damn near $200 in OD charges. And I happened to be out of town for work so was panicking. Luckily I had been a long standing customer that had never had any overdraft fees before so they wiped them all out for me and I transferred money over from my savings account to cover it. Also pissed me off that they didn't have a service that would automatically pull the money from savings to cover an overdraft. I work in banking so knew other banks could it so eventually switched accounts.

 

[AAKing23]

at the agents in here calling this crumbs. This is going to help a ton of people.

It's crumbs because we're six figure, six cert, 6 series gang

We don't overdraft

 

[King_Kamala61]

Bout time. As an emerging artist I still overdraft..but they get they get they money back on the 3rd of every month. Them $35 plus what I od be crazy.

Be so glad when I sell consistently and finally get on.

 

[Kyle C. Barker]

What always pissed me off about it was if you had multiple transactions go through, they'd charge them in order of the highest purchase to the lowest assuring you got as many overdraft fees as possible. I called and cussed my bank out about it their reasoning was "they wanted to make sure the most expensive one went through as it's likely more important" knowing damn well its cause they want the bigger purchase to push you into the negative faster so they could collect that OD fee on as many items as possible.

This thread is bringing back some broke boy memories.

It's never just one or two overdraft charges, but instead like 10 of them joints all kinds lined up in a row.


I'd always be at the bank the next day begging them to reverse the 10 fees but in the end they would reverse about 3 of them while acting like they're doing me some huge favor.