Usacomplaints.com » Business & Finance » Complaint / Review: Compass Bank - Puts transactions in an order where they can charge outrageous NSF fees. #397359

Complaint / Review
Compass Bank
Puts transactions in an order where they can charge outrageous NSF fees

The order in which transactions show in my account is not the order in which my transactions are made. I do not understand why deposits cannot show up just as fast as a debit or at least be placed in line in the order in which they are made. It seems that Compass puts transactions in an order to cause your account to show a negative balance so that they can charge outrageous NSF fees. Compass Bank has already taken several thousands of dollars from me in fees since I have banked with them. Charging such outrageous fees the way they do should be a crime, and is probably why the economy has been in the shape its in. I know there are times when I make mistakes and overwithdraw my account, but even then, one $38.00 NSF is enough to charge without having to charge a $38.00 NSF for each transaction made. It is ridiculous that because of one mistake, you may be charged hundreds of dollars for several NSF fees, and then not be able to pay utility bills, car notes, etc. When you hit someone with fees like that, they cannot recover. No wonder why so many people file bankruptcy. Banking with Compass Bank has been like dealing with a bunch of crooks!


Offender: Compass Bank

Country: USA
Site:

Category: Business & Finance

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