- Report: #394781
Complaint Review: Wachovia Bank NA - Charlotte North Carolina
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Wachovia Bank NA
301 S College St Charlotte, 28202-6000 North Carolina, U.S.A.
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Wachovia Bank, NA Bank Charging Insane Fees! Charlotte North Carolina
I can't believe the insane fees that Wachovia has charged to my account. Judging from all the reports I've been reading Wachovia has made a big pile of money by charging excessive NSF fees. In less than 24 hours my account went from a positive balance to being overdrawn by almost $300!
Upon closer examination I've discovered that this past year alone they have charged me upwards of $2000 in fees. I'm not rich and I don't have the kind of money it takes to withstand blows like that. Now I'm down to do I pay the light bill or do I buy groceries for the kids?
The government is up there in Washington sending the banks these large sums of money in a bailout. I'm sure that Wachovia will be getting their share of money from Uncle Sam. Unfortunately I'm on my own in this - there is nobody to bail me out.
This most recent charge of $350 in NSF fees was as a result of a transfer that Wachovia made from my checking to my savings. I was unaware that the transfer was going to be made or had been made until the damage was done.
Believe me when I say that I am totally through with Wachovia. I've filed a complaint with the Better Business Bureau as well. I plan on closing my accounts with Wachovia as soon as I possibly can. I will never again do business with them under any circumstances. The only reason I really need a bank is because my employer requires direct deposit. Once I get away from Wachovia I will be very careful about how I do business with a bank again. I'm sure I can find a way to satisfy the direct deposit requirement from my employer and still use a bank as little as I possibly can.
M
Columbia, South Carolina
U.S.A.
Upon closer examination I've discovered that this past year alone they have charged me upwards of $2000 in fees. I'm not rich and I don't have the kind of money it takes to withstand blows like that. Now I'm down to do I pay the light bill or do I buy groceries for the kids?
The government is up there in Washington sending the banks these large sums of money in a bailout. I'm sure that Wachovia will be getting their share of money from Uncle Sam. Unfortunately I'm on my own in this - there is nobody to bail me out.
This most recent charge of $350 in NSF fees was as a result of a transfer that Wachovia made from my checking to my savings. I was unaware that the transfer was going to be made or had been made until the damage was done.
Believe me when I say that I am totally through with Wachovia. I've filed a complaint with the Better Business Bureau as well. I plan on closing my accounts with Wachovia as soon as I possibly can. I will never again do business with them under any circumstances. The only reason I really need a bank is because my employer requires direct deposit. Once I get away from Wachovia I will be very careful about how I do business with a bank again. I'm sure I can find a way to satisfy the direct deposit requirement from my employer and still use a bank as little as I possibly can.
M
Columbia, South Carolina
U.S.A.
2 Updates & Rebuttals
Randy
Forney,Texas,
U.S.A.
Solution
#2Consumer Comment
Tue, November 25, 2008
Only use your bank for the direct deposit .All other transactions use cash. Use the old cash carry rule, it works well for people with small balances in there bank accounts.
Edgeman
Chico,California,
U.S.A.
So...
#3Consumer Comment
Tue, November 25, 2008
Did you overdraft your account? How many times? Change banks if you feel that you must, I'm just not sure what you intend to accomplish. Any other bank will charge you NSF fees. $2000+ dollars is a ridiculous amount of money to lose to NSF fees. Would you like a few pointers on how to avoid these fees in the future?
