patrick.net

Wow, that's ridiculous.

I enlarged the image a bit and moved this to politics. This is ultimately a problem of banks having too much power.

Maybe you should say the bank name, so we can all boycott them.

Sorry, but this one is on you. They offered to take half off? Thats a fair deal. You should take it. Overdraft fees are nothing new; you knew about them and overdrew your account.

Banks have to make money somewhere, no one wants to pay for a checking account but when they trigger one of the things that causes fees, they dont want to pay that either. Take the half off and chalk it up as a lesson learned. You want to have all of the convenience that banks afford you over simply stuffing the money in your mattress; well, that takes people the bank has to pay. They have to generate revenue to pay those people somehow.

And it looks like they kept trying to run that check....why aren't you on top of this is you simply "paid the check from the wrong account?"

That check was posted three times from what i can see...

Banks make a lot of money from useless activities such as overdrafts and late fees. More innovations from analytics of their customer activities. I can totally see them running large analytics programs from the like of IBM on their customer transaction to find the fee with the highest ROI. Maybe a fee tailormade for you. Targeted fees could be the next financial innovation.

They should focus more on lending the money out, giving depositors a cut and keeping the rest as profit after expenses.

Folks around here only pitch a tent, when it's their balance sheet.
Then low and behold, they speak for 99% of the population.

OY!