BEAT THE SYSTEM EPISODE II: Refund of the Overdrafts

Host Nick Yaya discusses how to get overdraft fees refunded.

Category:

Nonprofits & Activism

Tags:

• overdraft fees
• refund overdraft fees
• refund
• banks
• beat the system
• nick yaya

[abprepboy33]

you can opt out as of december 1st 2009. There are still some kinks being worked out though in regards to the timing of purchases/ when merchants turn in their work. (pending transactions)

[nickyaya111]

I am glad to see that B of A has seen that they can't get away without offering an opt-out. On the flip side, if you are someone who can afford to take a short-term loan from the bank with an outrageous interest rate, great! Go ahead and opt-in! What would really be nice is for the banks to make fees commensurate with the amount charged instead of a flat $35. They're coming around though, and I am glad to have played a role in making it happen.

[nickyaya111]

This is a copy of the rough edit. I still plan to clean it up a bit more, but overall, it's finished.

[Tiki108]

@fooschnikens Because you probably ran it as a credit card transaction instead of a debit card. It's simple, don't spend more than you have and you won't have an issue.

[spirittoo]

Well here I am again ... this time it's US bank trying to screw me out of over a $1K, by building it up over the years even though I haven't use the account. I did the same thing that I did with Huntington bank and got the same results. No more phone calls ... no more collection agency. Plus I got my court fee back too. The bank will keep up their tough talk until you file with the court, then they sing a different tune.

[fooschnikens]

I love these pompous pieces of shit who say: "It's your own fault for not reading the fine print dumbass!" To all of you condescending geniuses out there: You're right, I didn't read the fine print. I just assumed, like a logical fucking human being, that if I didn't have sufficient funds in my account to pay for something with my debit card the register would reject the transaction. Why didn't paper checks just overdraft your account back in the day? Why did they bounce instead?

[Davecancu]

I took Wells Fargo to court for $275.00 in OD Fees and within two days of my court appearance I was told by a letter from the court that I was denied my claim because I agreed to the terms and conditions when I opened my account. So you theory does not work.

Thanks

[destrib]

@destrib Executive Customer Relations general line: 704-386-5687

Martha Dominguez, Executive Customer Relations Specialist: 714-792-4264

Corporate Headquarters: 704-386-5972 / 704-386-5681

Operator: 800-900-9000 (press 0 twice)

[destrib]

Executive Customer Relations general line: 7 0 4 -3 8



[mattamiller]

@losuns How did your claim go?

[mattamiller]

Did you ever get the money back? I'm going through this right now. I can not WAIT to call back the belittling bank manager I spoke with and rub it in his stupid face. After I get back not only the recent overdraft fees but my fees from the past that I allowed them to walk all over me with. THANKS!!!

[xtheman75]

can u be my lawyer????

[MrLloydhsmithjr]

i use netspend is good