International Monetary Systems (IMS)
Fees over 12 years exceeded my entire account balance

Shops, Products, Services

I do not normally post reviews but feel I have to in this case. I joined IMS Milwaukee over 12 years ago. If you have a product that is of high demand, your account balance will rise quickly. However, finding a product or service on which to use your account funds is a huge challenge. Searching for something to "purchase" is like going to a yard sale where someone cleaned out the local dump. If you do find something of interest it is often overpriced compared to what you could pay for it at regular retailers. I provided proof of this to them and they shrugged their shoulders.

Meanwhile, paying fees to IMS at $24/month x 12 years I spent more on fees while trying to find something reasonable to purchase than I had as my entire account balance. My choices are either spend through my balance on things I do not want or need or continue to pay fees. BTW, you'll also need to pay fees when you "buy" an item.

Greatly regret joining!!


Company: International Monetary Systems (IMS)
Country: USA
State: Wisconsin
City: New Berlin
Phone: 2627803640
Site: imsbarter.com
  <     >  

RELATED COMPLAINTS

Bank Of America
Five $35 Overdraft Fees Charged Without Clear Explanation

Wachovia
Over $500 in NSF Fees After Weekend Debit Card Purchases

SunTrust Bank
Free Checking Now Charged $20 Monthly Maintenance Fee

E*Trade
Inactive account notification an attempt to collect 8 years of account fees on a closed account

Bank of the West
Bogus Fees Nationwide

Insight Financial Credit Union
Bell Tell Credit Union Charging NSF fees when there are no bounced checks - DID NOT SPEND OVER AVAILABLE FUNDS

HRS -USA and Best Buy
HRS $29 Late Fee for Missed $10 Same as Cash Payment

FCNB - First Consumers National Bank
Fcnb ripoff charges overlimit fees before account has cycled

Mbna America
This company will increase the APR and charge overlimit fees because of the high interest caused you to go over limit. Rip off

Direct Merchants Bank
Leads people with little credit straight to bankrupcy