Getting $20 cash back at the grocery store can be dangerous to your pocketbook. Getting 420 cash back at a Publx cost me a $32 overdraft fee. Not once, but three times in a three-day period, the bank allowed this to happen so that they could charge me $96 to loan me $60 for a few days.
First of all, the grocery store is connected to the bank computer (if not, it should be). This is very shady and borders on being criminal. My guess is that this is done on purpose because it is just too good of a money maker.
To try to make sure this did not happen again, I walked over to the SunTrust Bank and ATM in this particular grocery store. I was informed by the bank's own ATM that they could not be held responsible if they did not know my balance and that I would also be responsible for overdrafts, even from their own ATM!
This is one broken system...
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