Friday, November 2, 2007

Sticking It to the Man Whenever the Bank Opens Next

I am angry with my bank right now. First, they claim to have sent my checks to my old address. So, as a precautionary measure, they decided to open for me a new account and froze my old account -- and linked my debit card to that new account. All was fine until I finally received my checks (at the correct address, nonetheless), and, at the same time realized that my automatic deposited paycheck is going to my old, frozen account. So, I decided it was time for me to at least unfreeze my old account in order to receive my paychecks. To avoid further administrative errors, I decided not to close the extra account. But what I did not realize is that my new checking account that my debit card is linked to has NO overdraft protection my paychecks are automatically deposited to my OLD account while the bank linked my debit card to the NEW account. So even though I had only over-spent on one coffee, they charged me 20 dollars for that. And because I only check my account every 2 days, the transactions in between went unnoticed.When I first noticed it, I just thought that the overdraft will happen soon. Meanwhile, I transfered money over to cover for the cost. But they kept charging me and kept charging me, and somehow, 20 became 30 ... and when I checked today, I finally realized that tis new account, even though they saiid it is the same as my old one, it has no overdraft protection. So now, Im stuck with being charged with their administrative errors ... hundreds of dollars worth of errors! The bank will hear from me soon.

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