The day before Thanksgiving my debit card would not work and we could not purchase our turkey nor the fixings.
I have long suspected my bank of taking liberties with my money (stealing) or charging me extra. Since I am active duty military living overseas I often find there are many extra charges for having a stateside bank. There is a $5. Oo per ATM action and then some foreign conversion charge and some other charge I have yet to have explained to me. These charges seem to add up and often tip the scale into the red zone. Let me add that I have 7 children so I often live pay check to pay check. Here is the deal:
On 18 Nov I had $218.23 in my account when I purchased gas for $90.05 leaving me with $128.18. I made another small purchase of $38.13 leaving me with $90.05 left in my account and enough to buy that large turkey for my large family.
When my wife went to the commissary my debit card was refused. Here is what the bank said about it:
There was a hold of an extra $90.05 on my account. I was told the gas station swiped the card two times and I had to wait for it to clear. Then I could expect to see the money in my account the next day.
Well the next day I went to my account and to my horror I found out that I had been charged $37.00 two times ($74. Oo) for insufficient funds and instead of my $90.05 I now only had $16.05. There is no way that was possible because even if there was a legitimate second $90.05 charge that would have left me at exactly 0.00. Now I know they are thieves!
M&T refuses to accept responsibility or to refund me the charges.in the past I had several NSF charges that were suspicious. The NSF charges posted after my direct deposit had been deposited. The bank said that this is because of the time difference and even thought the money was posted to my account since the transaction occurred in my time zone they had to go with that time. So I took it as a lesson learned and started watching my account closer... And now this happens which confirms my suspicion that I have been getting RIPPED OFF
So even though the money WAS in the account they charged me NSF charges. I want to know how I can fight this and if the is some federal oversight that can look into this legalized thievery? I also challenge the Management of M&T Bank to come forward and explain these actions
Baliska
APO AE, New York
U.S.A.
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