I have a checking account with Key bank. I had a savings account with Key Bank. The savings account dropped to a negative balance. Over a 3 week period Key bank deducted a total of $90.60 in "overdraft fees.
I ignored Key Banks request to pay the $90.60. No way was I going to pay such outrageous fees. About 2 months after the last notice Key bank deducted the fees from my checking account, no notice, no warning!
I called Key Bank and asked them what this deduction was for and I was told this was an automatic deduction and they could not reverse the charges or credit my account.
I know I should have closed this account after the first charge and not let this situation go as far as it did.
My point is these charges are down right outrageous!!! What would have been reasonable would have been to deduct the overage and maybe $5 or $10.00 to cover processing.
Along with these kind of charges Key Bank charges to use there debit card in ther own off site ATM machines.
Key bank has become nothing more than a bank looking to screw it's customers out of as much money as possible with as many fees as it can.
I have changed banks and recommend anyone considering Key bank not too!!!
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