US Bank
Only $100 of Deposit Credited, $170 in Overdraft Fees
- 02-23-2006
- 35
US Bank has a policy that when you make a deposit (even a cash deposit), your account is only credited $100.00 until the next business day. For example, I made a deposit on February 20, and only $100.00 was credited to my account. I assumed that the remaining deposit would be credited on February 21. Wrong!
My account was not credited until February 22. Since February 21 was a normal banking day for transactions, by February 22 US Bank had charged me $170.00 in overdraft fees even though I had enough money in the bank to cover everything.
Anyone who made a deposit at any US Bank on Friday, February 17, did not have their account properly credited until February 22. This is not the first time US Bank has done this. They are specifically set up to rip off bank customers and help the businesses each customer has an account with. When people make a deposit, accounts should be credited immediately.
Company: US Bank
Country: USA
State: California
City: Elk Grove
Address: 5021 Laguna Blvd
Phone: 8008722657