5/3 Bank
I thought I was the only one being ripped off!

In August of when my son left for college, I gave him my 5/3 bank debit card to use because I did not use that account very much. I told him to be very careful and to always check the balance before using it, because, I told him that I did not want to pay 20 to 30 dollars in overdraft fees, like some other banks charge but I found out the hard way that 5/3 Bank does not do things that way.

I had to pay 246 dollars for a 17 dollar pizza, why? Because of the way they do things, I do not remember very well all the specifics but after finding out that they charge a ridiculus amount for every day that you are overdraft, every day! Who does that? It angers me to pay 20 or 30 dollars, so just imagine how I felt when I found out it was 246 dollars.

It was not my son's fault, he checked his balance and he thought he was safe, when I talked to somebody at the bank they told not to go by their on-line service, then why offer it! Was I ripped off, I think so now, but now my son does not have the 5/3 card anymore, he has a Bank of America card now and so far so good.

What can we, as consumers, do to prevent this from happening again and again. I have been reading all these reports and I am amaze that so many people have been victimized by this bank. I thought 20 dollars for an overdraft was too much, I think 7 to 10 dollars would be fair, but all these people are talking about hundreds of dollars! You know what, I still have that account at 5/3, but tomorrow I will close it.

Thank you all for opening my eyes.

Company: 5/3 Bank
Country: USA
State: Florida
City: Naples
Site: 53bank.com

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