NEW BEDFORD, MASSACHUSETTS -- I have a checking account with you (**) and in 1 year alone you've charged me over 1500.00 in overdraft charges and sustained overdraft fees. I demand you refund all my fees within 72 hours, not 2 months like last time. As you know Citizens Bank has a class action suit against you for exorbitant fee charges. Please respond immediately. I can be reached at **.
You chose to do nothing and leave me to be responsible for the charges which is UNACCEPTABLE. I opted out of overdraft coverage MANY TIMES, the most recent being JULY 2013 and ** said he would monitor my account to make sure I didn't opt into overdraft coverage which I NEVER did and ** did not monitor the account as he said he would. Since July 2012, Citizens has charged me over 1500.00 in overdraft fees, what's the point in opting out if you're going to charge me anyway.
One time, recently, Citizens charged me over 100.00 (overdraft and sustained overdraft) for a 1.29 charge to iTunes which put my account in the red be less than. 75 cents. After my last letter of 2/1/13 I finally got a callback 2/7/13 and was told the only solution is put limits on my account. Why should I be penalized for your mistakes?
I'm on disability so one overdraft charge of 37.00 is like 137.00 to me. Just because I'm disabled physically doesn't mean I'm disabled mentally. I'm smarter than most people give me credit for. In fact when I graduated college it was in nursing with High Honors. Not only am I smart but I'm very persistent, particularly when I'm being messed with, like now.
I have tried to deal with just Citizens but now I'm going to send this to the media, and put it in my blog. I'm also going to seek a lawyer regarding this. Just because you are a big company with a lot of money doesn't mean you can screw the little guy without ramifications, as the recent class action suit against you proved. Of which you settled to pay 137.5 millions small potatoes when you stole billions from customers.
If you think "stole" is too strong of a word think of it like this, if someone came in your bank demanding money, wielding guns and wearing a ski mask, that would be considered stealing, your bank is essentially doing the same thing minus the guns and ski mask. If you're looking for a bank, avoid them like the plague and if you already have an acct. w/ them RUN.
NEW JERSEY -- About 2 years ago I paid off my 2003 Chevy Venture (early) After paying it off my wife called and said we never got the title in the mail they informed us that it takes some time and I was not concerned as it was paid off and I was planning on keeping it for some time. Last week I go to trade it in my car and told that I need the title. Instead of waiting for the bank I go to NJ MVC to get a duplicate one at a cost of sixty dollars to speed up the process.
MVC tells me that Citizen bank still holds a lien against me from two years ago. I find this very disturbing and go to the local branch in Haddon Hts NJ and they tell me it's paid off; but that they have had similar complaints from customers in the past. They put me on the phone with a subcontractor who handles the auto finance who says yes your car is paid off but you need to pay MVC/dmv their fee but only after you provide us with a credit card so we can charge you another fee for giving you a letter saying you paid off your loan WTF. I say no way. Eventually customer service at the local bank helps and says I will have a faxed letter showing the lien is paid off within two day.
Two days goes by and they tell me it was entered wrong and give them a few more days a few more days go by and they tell me they can't help and I have to call this third party company they use and speak with **, who then tells me it's my fault they never dropped the lien because I never answered a questionnaire they say they sent out two years ago and she will need a credit card to bill me for her services before she can help me- and then tells me she'll call me later. Help someone. They mess up and want to charge me and I would actually pay the fee at this point but they tell me after I pay this fee to get a copy of a letter- that they will mail it out in 7-10 days. What awful service.
I wish I could give a zero as a review. Unfortunately that is not the case so this bank is getting a one by default. This institution is a blood sucking, un-flexible bank that thrives off its customers by all means necessary. They charge outrageous fees and customer service supports these fees with the statement "we are supported by the federal government." With such economic hardships visible right in front of our eyes, this bank takes advantage of its customers and refuses to return any money to its customers.
I recently received bank fees in the amount of $258 for 7 charges of 1.99. I was told by the customer service representative that this was a fair practice... LOL In all my years of banking... TD, Wachovia and Bank of America would all return the fee considering it was under 2 dollars. At least one time. And under the circumstances (that my mother just died). These leeches actually became ruder and ruder as I spoke to representative after rep... And I have never requested the bank return any fees to me until this point (I am not a habitual offender) LOL not that they care or it makes any difference to them...
Not to mention that this bank reorganizes charges in order to bounce items. I have been with this bank for about one year. I check my account every Tuesday at midnight before payday. Somehow most items manage to bounce in an order that forces you to have the most overdraft fees possible.
For example: If you had a balance of 50 dollars and you had debts for 2.00, 7.00, 15.00, 1.99, 10.00 and 40.00, instead of the bank charging all the little charges, it will process the large charge first. So that you account overdrafts for an excessive amount instead of once or twice. When I questioned them about this I couldn't get a clear answer. The representative just laughed. My recommendation Go with Wachovia or any other bank for that matter. Just stay as far away from these guys as possible!!!
DERBY, NEW YORK -- I have been a banker with Citizens Bank for over 5 years. Today I have been robbed of over $300 from this pathetic excuse of an institution! I balance my checkbook daily and have done so in order of when purchases and charges and checks are made. Today I went to check on my account online and found that I was over drawn over $150. I had a balance of $4.35 this past Monday. I had also made 2 deposits on that day in the amount of $350 total. I check my account daily and have done so all week waiting for the deposits to clear.
Today when I saw the over draft charges I called them to see what had happened. I was informed that a check was cashed that day at the end of business for $50. I was aware of this payment and knew I would have an overdraft fee. They took that payment and put it ahead of every other thing that had already gone through that day causing me 4 over draft charges! And that made my account completely off from what it should have been.
The checks I deposited cleared and I covered the charges but the new charges on my account caused my account to overdraft again. I am divorced mother of 3 and have very limited resources and they have stolen my money! I will be writing reviews on every available website and newspaper until everyone knows not to bank with them...
They informed me that it is their policy and they are not willing to work with me even though I have been a customer for over 5 years... I have direct deposit so I will be losing my pay for this week and will then empty the account and open a new one at another bank or credit union because after my research today I have found that credit unions are the least likely to steal money from you.
I worked for Citizens in PA for almost 2 years. **, the Bucks County Regional Manager, pushes OD fees EXACTLY as described in many posts. We were forced to open checking accounts that had excessive overdraft fees and monthly charges in order to ripoff the customers. Here's how: We had to open accounts, lying to the customers that the account has "no fees", and put specifically designed waivers on the accounts so that the customer doesn't realize the scam (the maximum waiver you could use was for 1 year)...
Then, when the waiver expires months later, the customers have their guard down and they don't obsess with every line on their statements, they get hit by monthly fees that will overdraw the account (as most people keep in their checking account only enough money to cover their checks - that's why it's called a CHECKING account). The overdraft fees will overdraw the account again and again and so will the checks you write believing that your account is still good.
I routinely had customers with hundreds of dollars in fees by the time they received their statement - we were specifically instructed to hit high school kids, college students and senior citizens. Another trick we had to use is open a "Gold" checking account to senior citizens who would come in and ask for a savings account by using a high interest rate as a carrot and not disclosing the fees (using the waivers as noted above). Problem is, that "Gold" checking account had a high-balance requirement and the poor people would be hit by unnecessary monthly fees a few months later...
And to add insult to injury we even had telemarketing days and evenings when we were forced to make telemarketing calls (disguised as "service calls" so that the bank circumvents the do-not-call registry laws). Not only these were clearly marketing calls (as suggested by the program feeding us the leads!!!) but also we had to open a number of checking accounts over the phone (the daily and weekly targets were set by Fran again, the Regional Manager).
If only homeland security knew how many checking accounts Citizens Bank routinely opens over the phone without proper identification or signatures... all the auditors have to do is go to any Bucks County branch towards the end of the day and ask for the signature cards of the checking accounts opened the SAME day to uncover the illegal practice (this way there is no time to mail the signature card and obtain backdated signatures)... Stay away from Citizens Bank in PA! I quit several years ago and I am still haunted about the things we had to do...
BOSTON, MASSACHUSETTS -- It's beyond me how they continually get away with these practices of re-shuffling balances and postings to justify charging more fees. Just recently they have done again. On June 1st, my balance was a positive actual and a positive available. I then proceed to make an ATM withdrawal, and even after my balances were still reflected as positive.
The next day, after 3 transactions, and mind you they were all posted and still reflected positive balances... They charge me $117, for what they are saying is (3) negative transactions, because my card had been run through for authorization, which in turn caused the last three transactions to be negative available balances. Then 24 hours later, the post the transaction from the previous days authorization and charge me another $39.
When I called to talk to customer service, they gave me an explanation that still has my head spinning. They said that on June 1st when the card was run through for authorization, the pull that amount of money out and hold it for that pending transaction, which in turn, cause those other (3) transactions to be negative, therefore assessing me $117 for the fees. But yet, 24 hours later, they post the transaction that they said they pulled the money for previously, and charged another $39. But if they pulled the money previously and it was available at that time, why am I being charged?
They contradicted themselves when I called to inquire and they won't refund me any fees, they say it's bank policy and I am the one that should keep better track of my account. It's a rip-off and then they structure the transactions to justify it.
Steer clear of this bank... They will rip you off every chance they get, and even when you think you've got it figured in, they will manipulate the transactions and justify they're ripping you off.
BOSTON, MASSACHUSETTS -- My husband and I are middle aged citizens and we're trying to refinance our home with my husband working full time and me as a part time worker were offered by Citizens bank a refinancing option to our current home. Since we maintained accounts with Citizens bank, we trusted their offer and began the loan processing in July, 2012. I've to let the world know that it was nothing but a nightmare process and now after six months still they didn't close the loan and we lost the deposit $450.00. Citizens Bank's loan dept literally taken us for a ride.
We've submitted all the long list of documents within two weeks of the initial processing. Then started following up... 2, 4, 6, 8, 12 weeks passed by... After 4 months they started asking the same documents we've submitted earlier... We're helpless and the worst part about this was, there was no explanation from the Citizens Bank side, why it took so long for responding and queries, and what they were doing with our files. For them, the customer satisfaction has no value in it.
We did not understand how such a huge mistake could have happened. Almost six months later they started requesting the same documents and other list of verification again... We kept on requesting them really humbly to stop this processing fiasco and refund our hard earned $450.00. The Citizens Bank simply replied NO...
We lost our deposit money as well as 4+ months of reduced monthly mortgage payment. The Citizens Bank dragged us to this nightmare went with no remorse or apology. It's hard to imagine such bank can do to the long standing customers. If you are considering Refinancing/Financing loan with Citizen Mortgage, our humble request to run away from them and don't ended up a prey like us. Please stay away from them for loan purposes.
HALIFAX, MASSACHUSETTS -- I opened 2 checking accounts and an IRA with Citizens Bank in Halifax, MA. Over the past few years, the mistakes had gotten to the point where I had to check my personal account as well as my business account to find the errors made, call the bank, and have them corrected. Long story short, I ended up closing my accounts, and going with another bank.
I received a call a few days ago from Citizen's Bank regarding some charges that were processed (against my CLOSED account) and was told I would have to visit the local branch, which I did today. I explained the situation to the robot behind the counter, who simply kept repeating, "when you have a pre authorized debit set up, we honor it." Apparently, the changes to my new bank information from PayPal did not 'go through' and they went to Citizen's for payment.
I had a credit submitted for a returned product on the same day I closed my checking account, so, without telling me, Citizens re-opened my account and started processing transactions against my overdraft protection. When I explained that I had closed the account, I got the same answer repeatedly about the "pre-authorized" debits. As I explained to the teller, I wouldn't "authorize" a transaction on a CLOSED account because that would be FRAUD.
I have to contact the "manager" tomorrow to see what he says, but this has been an exercise in frustration, to say the least. To have a bank re-open a closed account, instead of sending notification to the companies looking for payment that the account was CLOSED, is ludicrous, and almost seems illegal. If anyone can advise just WHO oversees banks, and their operations, I would be very appreciative to know that information. In the meantime, STAY AS FAR AWAY FROM CITIZENS BANK AS YOU CAN. Go with a local Credit Union, or anywhere else!!!
PROVIDENCE, RHODE ISLAND -- I had made a payment of $8000 towards my Citizens Bank credit card. Shortly after that payment I mailed what I thought would be my last payment - $265.00 using First Class USPS mail. The $265 payment was $1.43 more than the balance I owed on my statement. My payment was mailed in plenty of time before the due date!
I waited two weeks then checked online and noticed the bank still hadn't processed my payment. So I called and was told they hadn't received my check! The representative I spoke with blamed the post office then advised me to wait another week. I did. In fact more than a week went by then I finally noticed my payment had been processed!
Two weeks later I received a statement in the mail from Citizens Bank regarding my credit card account. The statement said the account had been closed. It listed the previous balance ($263.57), the payment I had made ($265.00), no interest fee, but an unexplained fee of $1.50.
Since I had paid $265.00 on the previous payment and the balance at that time was $263.57 the difference was 07 cents owed after the unexplained $1.50 fee! The statement also stated "If we do not receive your minimum payment by the date listed above, you may have to pay a late fee of up to $39.00 and your APRs may be increased up to the Penalty APR of 29.99%."
I mailed a check to them the next day using Return Receipt this time to have proof of mailing! If Citizens Bank takes another three weeks to process and post 7 cents to my account I will contact the proper authorities to file a complaint! I've grown tired of Citizens Bank fees, their ways of delaying payments, and them diming me to death!
CRANSTON, RHODE ISLAND -- Citizens bank convinced me to use their Platinum credit card. My complaint requires some basic understanding of how credit reporting and credit worthiness works. I had the card along with others for almost 3 years and used it often with a $30,000 credit limit. I never missed a payment and had nearly an 800 credit score.
My issue started when I had charged $16,000. I paid off $12,000 in 6 months, leaving a balance of just under $4,000. One payment was paid late due to an admitted error with Citizens Bank Checking. An admitted error! After paying off $12,000 of $16,000 in 6 months, the late payment which was 1 day late caused Citizens Bank to "re-evaluate" my credit worthiness.
Why was it one day late you may ask? I pay everything two months in advance to avoid missing anything. After years of this policy, I had this one slip through though - it was an admitted mistake by the bank. The Citizens Credit Department took my available credit and adjusted it from 30,000 to less than the balanced owed. This effectively did three things...lowered my available credit, increased my debt to credit ratio and reported a major account as being overdrafted. This in effect triggered a cascade effect with all other creditors who effectively did the same.
Over the course of 10 days my score went from near perfect to really bad. To be fair to this forum and process, I had made a purchase of a home two years prior but my credit score had rebounded by the time this incident took place. Citizens Bank response when I informed them that it was illegal to lower a credit limit to below an amount owed was to keep charging me late and overdraft fees until the balance was lower.
The kicker is if you close the account...your score drops even more. The really funny part is when you call the bank, they completely remove themselves from any affiliation with the Credit Card division and forgo any responsibility whatsoever. I took my money out and put it in a local credit union. Not only did they give me a better rate on a car, they are just so pleasant to deal with. Final thought... that commercial where they open a door for a customer early...it is B.S.! It has happened several times where I show up 5 minutes early and the guy states "I cannot open, it's a security issue!" Go figure.