Wachovia
Bounced $50 Graduation Check Led to $210 in Overdraft Fees

I recently graduated at my high school. One of my relatives gave me a needed $50 check as a graduation gift. Little did I know that although these people were well off, the check would bounce.

I mainly use my account for filling up my motorcycle, so around $4 to $7 each purchase. I didn't have much in the account, so the $50 was much needed. The initial thing that started it all was the check bouncing, the $50 being taken out, and a $10 charge. Unfortunately, they don't update their databases till like 2-3 days after something happens. I had no idea.

I kept going on about my daily business. I was soon, unaware, in the negatives. With each purchase, $30 was charged. About 3 days after, I noticed the sudden change, but it was too late. I recently made purchases again, and it had only begun. I ended up getting charged $210 for a grand total of -$224.36. They say the protect their people. How is this helping me?

The logical thing would be to disable my card. Simple and no more charges, but they did not, ever.

Company: Wachovia
Country: USA
Site: wachovia.com

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