I just want to warn You all for Bank53:s ridicilous Fee:s
What is the maximum You are allowed to charge BTW ,or is it up to the bank?
And are the Bank Staff allowed to take money out from Your account and put them into wherever they decide without my permission or even me knowing anything about it?
A few months ago I opened up a Checkingaccount at Bank 53 and also asked about getting a secured Creditcard since I have bad credit, I opened up a Savingsaccount and deposited $500 to secure the card. A few weeks later I was denied the Creditcard and went to the bank to release the $500 from my Savingsaccount and told them to link my Savings to my ATM and also link it to my checking if that was overdrawn.
On 5/25 I receive a letter telling me that my Checking was overdrawn of $19.38.
And I figure that it was odd since I had $500 in my savings account so I did go online to see what had happened and this is it:
5/17 Balance $21.20
5/18 Debitcard $40.88
5/21 Debitcard $6.53
5/21 Debitcard $16.00
5/21 Debitcard $43.07
5/21 ATM Cash $42.00
5/21 ATM Cash $200.00
5/21 Overdraft Fee $33.00 Daily Balance ($360.25)
5/22 Funds Transfer $+387.28
5/22 Overdraft Fee $165.00 Daily Balance ($138.00)
5/23 Debit Card $27.00
5/23 Daily Overdraft fee $6.00
5/23 Daily Overdraft Fee $36.00
5/24 Overdraft fee $33.00 Daily Balance ($ 240.00)
And it goes on and on like this and still continuing to add up. And when i found out on 5/25, I was told to read the rules and regulations but this would never had happened if my Savings account would have been linked to my Checking and if it isn't are they allowed to take money out of my Savingsaccount and put it in my Checkingaccount without my knowledge or approval since the deposit on 5/22 in the amount of $387.28 came from my Savingsaccount? And since it came in so late it didn't even cover all of the FEE:s that has been applied to my account.
Really pissed off here.