Due to the monthly overdraft from " pending charge " my wife has accruded more than $2500.00 in fees in the past 18 months. These fees are charged even before items are posted to your account. This leaves you with no opportunity to deposit money before these items render your account negative. Fifth thirds method is to assume your account with be negative by subtracting the " Pending " items from you balance before they post. Then charged you a fee for each amount that puts you over. Today we racked up $289.00 in fees. Even though my account was actually in the positive and I have a pending deposit of $40.00 from a paypal account.
Fifth third has made a business out of fees, everyone I know has been hit hard by them and unfortunately they are the most prevalent bank in Southern ohio. It's hard to find another bank that is in almost every grocery store or on every corner.
My wife and I lost $ 400.00 in fees the day after our wedding to fees. Online the accounting is somehow very slow to show your " actual balance" and very fast to charge a fee for " pending " items. It's an odd system that seems to work in the banks favor.
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