US Bank
Daily Negative Balance Fees on Top of Overdraft Charge

It's interesting that since the economic fallout of the financial industry, banks suddenly started soaking their customers. When one overdraws their account accidentally, they expect to pay a hefty overdraft charge - ONCE. Being charged an additional daily fee on top of this is unethical.

Filing a complaint with the appropriate federal agency - not sure if it is SEC or FTC, may at least show people are upset with this practice. The credit unions are also an option, as the other commentor suggested. I will be filing a complaint with the bank and the appropriate agency.

If I get no results, they can stuff their fees and I will close my account. While receiving a hard copy paycheck and cashing it at the grocery store is inconvenient, I'm not sure I want to pay $8 a day on top of $37.50 if I make another accidental overdraft.

I just paid $95 for a $40 overdraft - when my direct deposit paycheck would have been in the next morning. Not playing that game anymore! The financial industry already got their bailout - they don't need to soak customers for any more.

Company: US Bank
Country: USA
State: Kansas
City: Overland Park

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