1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Overdraft fees

Discussion in 'BlackHat Lounge' started by clopper, Feb 7, 2010.

  1. clopper

    clopper Regular Member

    Joined:
    Dec 3, 2007
    Messages:
    300
    Likes Received:
    94
    Occupation:
    Food and Beverage Director
    Location:
    USA
    Just got a $39 fee off a $1.25 overdraft on one of my business accounts, wtf. How can the FTC attempt to destroy my business but allow the banks to steal $39 from me when I deposit the balance the same day?

    EDIT: I'm not a deadbeat, just forgot to account for the monthly $5 fee when writing the check
     
    Last edited: Feb 7, 2010
  2. CallItLikeIseeIt

    CallItLikeIseeIt BANNED BANNED

    Joined:
    Dec 29, 2009
    Messages:
    127
    Likes Received:
    173
    Its all in their terms of service. :D
     
  3. clopper

    clopper Regular Member

    Joined:
    Dec 3, 2007
    Messages:
    300
    Likes Received:
    94
    Occupation:
    Food and Beverage Director
    Location:
    USA
    it is, as is the case in most rebills but when i signed it was only $15
     
  4. blackhataffiliate

    blackhataffiliate Senior Member

    Joined:
    Oct 19, 2008
    Messages:
    847
    Likes Received:
    1,364
    Location:
    USA
    This is why I leave a $100 buffer in my personal and business checking accounts
     
  5. clopper

    clopper Regular Member

    Joined:
    Dec 3, 2007
    Messages:
    300
    Likes Received:
    94
    Occupation:
    Food and Beverage Director
    Location:
    USA
    When you have more than 40 accounts it doesn't make sense to keep $100 in each