Sovereign Bank
Unethical inactivity fee
- 08-09-2011
- 41
I popped a company consideration at Sovereign Bank last year. The financial institution consultant assured me that you will see no costs or costs on my bill. I transferred $240 and waited for my bank card to deposit more. After fourteen days of not getting the card, I approached Sovereign Bank to deliver me a brand new card. I'venot obtained the brand new card since, and maynot deposit my assessments through ATM. Lately, I obtained a notice from Sovereign lender they charged $160 inactivity charge from my bill. I visited the financial institution and described the problem and informed them-they do not have the right to cost me without notice. The supervisor explained that I've decided and authorized to pay for the inactive costs, nevertheless, I check out the problem more and discovered this new legislation of $16/month inactivity charge were only available in October. Consequently, I absolutely havenot authorized this kind of arrangement plus they absolutely havenot send me any notice. They unfairly, unethically as well as with no notice, billed me $160 from my bill.
Company: Sovereign Bank
Country: USA
State: Massachusetts
City: North Andover
Site: sovereignbank.com