US Bank
Held Deposit Caused $200 in Overdraft Fees, Bounced Checks

Over the weekend I wrote a check for my rent because I had a check to deposit on Monday. I deposited my check on Monday's business day, and the check I wrote for rent went through Monday evening. But the bank gave me $100 available on Monday and held the other $800 until the next day. So my account balance was enough to cover my rent check, but the available balance was $800 less because they held it.

I called, and they said, "Well, we paid your check." I said, "Well, yeah, I had the money in there, of course you should pay it!" Needless to say, they ended up charging me $200 in overdrafts for everything they paid, which in turn bounced other checks, which again put my account in the hole 600 bucks. I refuse to pay them. They can report me to ChexSystems, and I am only dealing with cash. What a scam!

I do not see how the FDIC can let them charge people like this and get away with it. When I called, the people were rude and could not help at all. I want nothing more to do with this bank or its fees.

Company: US Bank
Country: USA
State: Minnesota
City: Burnsville
Phone: 8008722657

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