SunTrust Bank
Nearly $4,000 in overdraft fees after set of mistakes

Business & Finance

Due to a set of mistakes made starting in February, I was assessed over $500 in overdraft fees. Each overdraft fee put me deeper and deeper in the hole. On top of the overdrafts, I was assessed up to $70/day in overdraft fees every time my account remained under 0.

In total, SunTrust has assessed almost $4,000 in overdraft fees to my account. I have written to my local branches, e-mailed customer service, and written to CEO James Wells at Atlanta headquarters, with no response at all.

I have held this account since 1993, when SunTrust was still known as Crestar. They have escalated overdraft fees from $8/instance to $35/instance, with the "bonus" of being hit further when below balance each day.

Though this theft is legal in the United States, it is equivalent to many 1000's of percent interest over the checks and debits I made and was unable to prevent.

If SunTrust reacts positively somehow to my correspondence, I will amend this report. In the meantime, I recommend this bank to NO ONE.


Company: SunTrust Bank
Country: USA
State: Georgia
City: Atlanta
Address: 303 Peachtree Street, NE
  <     >  

RELATED COMPLAINTS

SunTrust Bank
Overdraft Protection Denied, $385 in Overdraft Fees Charged

SunTrust Bank
Overdraft fees charged on items that left a positive balance

SunTrust Bank
Five overdraft fees charged instead of the one I expected

SunTrust
Deposit Posted Late and Six Overdraft Fees in Stuart, VA

Bank Of America
1,715 Dollars In Overdraft Fees Triggered By False Initial Overdraft

SunTrust Banks Inc
ATM Failed to Dispense Cash, Then Overdraft Fees Not Refunded

SunTrust Bank
Overdraft Notices After Availability Check Showed Funds

SunTrust Bank
Fees Charged Though Account Not Overdrawn After Deposit Hold

Wachovia Bank
Available Balance Lags Behind Purchases, $450 in Overdraft Fees

Fifth Third Bank
Overdraft fees Pending then Posted