KANSAS CITY, MISSOURI -- We have never had an account with this bank, and now I know why. We recently purchased a vehicle and the loan is through Commerce Bank. Having purchased other cars over the years I expected that I could log in online to make a payment. NOPE! Not possible. Is it 1994 or 2016? This is a joke, right? What bank in 2016 can't you make an online payment with? Your grandpa's bank, aka Commerce Bank.
If you have an account with them you can make it through the ATM. Why the hell would you do that? Or you may call the 800 number and be charged $5 to not even speak with a person, and make it with a non-Commerce debit card. I really just can't even. We will be looking to refinance with a different bank IMMEDIATELY, and this is only the first payment.
It is laughable how ridiculous this is. I pay literally everything online. We don't get paper statements for anything anymore and haven't for years. I don't want to mail checks or go into a branch bank, or even call an 800 number. I want to log in, spend 30 seconds paying the bill like I do the 10 other bills and get my life together.
I have nothing good to say about this experience at all, and I would never open an account with a bank that is so antiquated and old fashioned. We didn't pick who the loan went through, obviously, but if they tell you it will be Commerce Bank and you care about being able to do things 2016 style, then tell them to keep looking for another lender. My grandpa would probably enjoy banking here, or my 70 year old dad. He still likes to write a check and send snail mail, so this bank is definitely for the blue hairs of the world. Anyone else should run away like they are on fire and find somewhere else with technology and a website that fits the needs of 2016. This is not it.
MISSOURI -- I've been banking with Commerce for forever. My childhood savings, my 1st checking account (which is still in service after 16+ years) and I have my small business checking here and another savings. All accts have been in good standing and can count on 1 hand the number of times checks bounced in 10 yrs, which were all refunded as it was the payees fault for double charging. I've had car loans which were all paid in full, ahead of schedule. I'm closing all accounts.
For the 1st time in the history of me having a checking acct, I was charged a "service charge" of $8. I called to ask about it and the cust svc representative had no idea why as I've always had the free checking options. I hadn't changed my use, met the minimum balance and deposit requirements, and as a small business owner, paid myself from my Commerce business account on the regular and had not been charged for this before. She said she would refund it, put me on hold, came back to the phone and told me it was a legit charge and there would be no refund. I asked for a supervisor.
The supervisor was the most rude and surly person I've ever spoken to. She dances around the issue giving me a new excuse for the charge when her reasons fail to uphold. One minute it's I don't have a "formal" direct deposit, but as I'm my own payroll and have a business account there, that would seem to be a "self-employed, bigger customer with more accts here" fee. I've been operating this way over a year and it would seem odd that only now do they charge for that.
She essentially called me a liar about the account age on the basis that the account "title" was not in use when she started 8 yrs ago and thus, this account was not as old as I claimed even though, had she bothered to check, should have been able to see this number has never changed in over a decade! She claimed it was a legit svc fee for that account type and she had no idea why I wasn't charged before though I should have been and more/less made it seem she was doing me a favor.
What happened - for the 2nd time in history I might add - was that they changed my "free" account terms without clear notice, started charging for it, made a new type of "free" acct, and offered it when the customer complains. I thought it was a fluke before, but as a 2nd time around, I'm pretty sure it was intentional. She rudely said that she would offer a "one time only" courtesy refund, sarcastically made me wait while she checked to see if I had has this refund in the past year, again more/less calling me a liar and changed my account title to whatever their latest "free" account type is. The title changed almost immediately, but the refund never came.
I call a week later to find out why and was made to wait for 11 min to talk to a representative. I'm pretty sure it was the same daft cow that answered, and she put me on hold and disconnected the line. I called again, agreed to a survey after my call and after another 10 min wait finally get through to another person. Info was verified, and I was told I need a different department and put on hold yet again.
Finally the person I spoke to went through the transcripts of the previous call and said she saw where I was promised a refund and it was not put in the acct. Color me shocked. She put the refund in and it was almost immediately visible on my online account.
In summation, it was a total of 30 min hold time to get them to give what was promised (30 min is a long time to make detailed notes), for a charge which should not have been in the first place. To add serious, ironic insult to injury, while I was on hold for the umpteenth time, the line was ringing on call waiting which was the survey people! How insane is that?!
In retrospect, I should have answered and told them to wait and would talk to them as soon as I had service to report about, but thus far, it sucks a$$. I didn't answer as I was afraid of having to call a 3rd time. I'm done. As soon as everything clears as far as deposits and checks, I will be demanding my money to take elsewhere. Awful place. Run away - fast, far and NOW!
KANSAS CITY, MISSOURI -- These people are the worse. Everything was fine as long as you had money in the account but as soon as your money got low there were some definite problems. They have some "condition" your account goes in after X amount of overdraws that no matter how much money you put in it will take 7 business days for it to hit your account.
By the way, they don't notify you when your account hits this mysterious "condition" until you deposit your money. By the way, even after you money has been deposited you will still receive overdraft fees based on your account balance BEFORE the money was deposited so they can maximize the fees for you automatic ACH payments. Don't fall victim like I did, be careful where you put your money everybody.
I have been getting three or four emails each day telling me that there is some sort of problem with my account. The emails always show the last few digits of an account number. Those are different every time. I don't have an account with Commerce Bank, and have never had an account with them!
Being concerned that this is a scam or a phishing attempt, I looked on the web for "Commerce Bank". Sure enough I found a reasonable looking web page. That page listed a phone number that matched the phone number in the emails that I've been getting, so I decided that maybe it's legitimate. So I called that number.
After getting past a couple of "press 1 for ..." messages, I got to a message that asked me to enter MY SOCIAL SECURITY NUMBER! Not my account number or my name, MY SOCIAL SECURITY NUMBER! That just didn't sound legitimate so I hung up. I still don't know whether Commerce Bank is a scam or a real bank. Can anyone tell me?
MARYLAND HEIGHTS, MISSOURI -- My wife has been a depositor with Commerce Bank since around 2008. As of August 2012 she had $550 in an account with them. They posted on their website some malarkey about an "inactive account fee". When we tried to check the balance today (3/21/2015), she has less than $40. This is the result of the inactive account fees.
Considering that inactive account literally means we didn't touch the money, under what "best practices" do they justify charging a customer over $500 for the Great Privilege of having a deposit account? Yes, it is our fault (we haven't done anything with that account for almost 3 years), but we feel cheated that they took so much without trying to contact us about it. Go with a Credit Union!
I have been with the Downtown Branch of Commerce Bank for about 8 years or so. I have my VISA Card with them, and a high credit limit. For two consecutive months I have not received a bill on my Commerce Bank VISA, and it has nothing to do with the Post Office because I have NEVER had a problem with them, and ALL my other mail and bills have arrived timely.
Please note: The people at the St. Louis Downtown Branch are wonderful, friendly and helpful and very responsive, especially **. I have absolutely no complaint about them. HOWEVER, Kansas City is apparently staffed by quite a few "jerks" who seem to care nothing for your problems when you call them.
EACH TIME they have failed to send me my VISA bill, they have tacked a $35 charge for "late payment" when they did not provide me with a bill. They haughtily tell me they sent it to the address I gave them, but the bills have stopped coming, and no one there seems to care. They obviously would rather dun me $35 each time they fail to provide me with a bill. BUT that's not the worst part, although I am demanding they remove the two $35 charges.
They have been calling me every day just after 9 AM and usually just before 9 PM, though tonight it was at 7:13 PM and they left a message to call their billing/collections department. I called back at about 9 PM and after wading through their voice mail system, I finally got through to a human being. I didn't raise my voice or use any bad language, but I told the lady that they seem to have a policy of harassing their customers until they have thoroughly demoralized them and bills get paid just to stop the harassment. She abruptly told me she didn't have to take that from me. I didn't use curse words or raise my voice, but she hung up on me.
THEY are the ones who keep failing to provide me with a bill, yet they hit me with their late payment fees and the irritating phone calls. If they call me early in the morning (let's assume for a moment my payments are legitimately late), do they somehow think I can have a payment in their hands in Kansas City that evening? What is the purpose of the evening calls if not to harass?
They may think they are within the parameters of the applicable federal collection statutes, but if they keep it up, I am going to file a lawsuit against Commerce Bank here in St Louis seeking actual and punitive damages for the intentional infliction of emotional distress. And I'll have one of my friends file it, but actually, I have been trying jury cases for 35+ years, and this one would be like falling off a log.
Judging from some of the other complaints I have read tonight, they have a real problem in their Collection Dept. and in other departments in Kansas City, and they ought to try to be understanding and helpful rather than sarcastic, supercilious and rude.
I am now done, but I hope all the people out there who have had problems with the sending of their VISA bills, unjust and unfair late charges, and complete rudeness when the customer calls seeking help, will write my3cents.com and share their experiences.
KANSAS CITY, MISSOURI -- I have had an account with Commerce Bank since 1984. I never had problems until May 2010. May 1, 2010 my Visa was stolen and used. I went to Commerce to stop the use of the card and get a new one. An investigation had to be conducted which would take about 3 weeks. Commerce Bank did advance/replace the money stolen. But that's when the nightmares started.
I was having issues with creditors. May 17, 2010 I call Commerce to inquire about stop checking payments. I was told that each check would be $30.00. I requested (2) stop payments, $60, on May 17, 2010 and one on May 29, 2010, $30.00. The bank sent checks through anyway. I went to Commerce on Blue Ridge Blvd and request a restriction be put on the account, they continued to send the checks through. Each time I was charge insufficient funds and return check fees. Several time the account got up to $892.00. This went on week after the stop payment until May 29, 2010.
That same day I went into the bank at the Plaza Office and request that my account be changed. When I was write a check, the bank would not pay as your debits came in, they choose to pay the largest down. I disagree with that, if I send a check in on Friday, it gets to the bank on Monday along with an ATM purchase that came in on Monday. I feel the account should be debited the way the transaction come in. Do not rearrange the order in which the debits came into the bank to warrant adding an insufficient charge. I sorry to be rambling on, but I am really upset by the way my account and myself was treated in this matter.
Finally Commerce Bank locked my account after receiving my direct deposit without notification. I had to wait all week before I could get them on the phone. I had to take off work. Wait until 9:30 am to get to talk with the Manager of the Plaza, ** something, who informed me that he had closed my new account because of too much activity and insufficient funds in 30 days. I did have direct deposit. I do owe a balance of $234.16 to Commerce Bank because of all the insufficient fund fee and all the return check fee charge after $90.00 stop payment was paid.
I was told by a Commerce Bank representative that the creditors had the right to be paid. WELL AS A CUSTOMER, WHEN I PAY FOR A SERVICE, I have the right to get what I pay for, not get charged continuously with a double whammy for something I paid to stop. That bank employee is paid to do a service, not be anyone's financial advisor. The comments and thoughts should stay to herself.
It turns out I paid a total of $90.00 to Commerce Bank to stop payment and the checks kept going through from May to the end of June or first of July. Should this get looked into because it happen to a lot of people? I'm on board with any action that takes place. It's just not right Commerce just disregarded the 26 year that I banked with them.
LENEXA, KANSAS -- Imagine this! A telephone call was made to check on the amount of an overdraft notice. To my surprise, I was informed that my account was "in the process" of being closed. I immediately went to the bank and was told "your account is closed". Had I not telephoned the bank to check on the overdraft, I would not have known until my July statement. It seems there was a $275 and some cents overdraft charge on the account. Not because I had written any checks or used my debit card, but due to some automatic ACH accounts who decided not to honor my requests for dates to deposit.
Nevertheless, the bank continued to accept the ACH's and charge an overdraft fee. Now, I had direct deposit which would more than cover the overdraft charges. Previous overdrafts had been as high as $1000 on more than one occasion and had always been paid within a 30-day period. I had to plead with the bank to reactivate my account to pay the charges I owed them because I was told my Social Security check would probably be returned on July 3rd. This was June 28th when I was in the bank. The account was closed on June 26th.
After the account was reactivated, I then had to wait until July 5th to clear up the debt because I was told on July 3rd the money wasn't there. When I stated that Social Security had never been late in 10 years, I was then told that the bank would need to wait to "make sure the money was good". With all this, the bank had placed my account in "collections" even though they could have cleared the account of all charges owed on July 3rd and then closed my account if they chose to do so.
The final straw, when I attempted to open another account my name/account had been referred to Chexsystems. I returned to Commerce to request removal and was told that this would not happen. They would check, but it was two different departments, one for collections, and the other for the way "I handled my account". When I asked if this was an attempt to "block" me from getting another account, the reply was, "you could say that".
My complaint is that Commerce denied my request for overdraft protection twice. However, they had no problem debiting my account for amounts over $500 in a 2-week period. Yet, they closed the account for $275 overdraft. Had I been given the privilege of overdraft protection, there would have been very few insufficient overdrafts. The amount of insufficient fees paid to the bank would have more than covered the debits/checks coming into my account. But then the bank couldn't make any money at my expense.
Secondly, there had been activity on the account on June 3rd, which was within a 30-day period. Their policy states,"...overdraft fees or insufficient item fees will be charged to your account up to $30.00 an incident (they were charging me $35.00) depending on your account type. These conditions may include but are not limited to: deposits are consistent with past practices, you are not in default on any loan obligation with Commerce Bank and Trust, your account has been brought to a positive balance every 30 days or less, and there are no outstanding legal orders on your account." All of these guidelines were met.
I was in a win/lose situation with me being the loser. I think Commerce forgot that the insufficient charges were paid out of my account. Money deposited by me which, in my opinion, negated the repeated statement of "how you handled your account" as being relevant. Don't forget, I had to plead to get the account reactivated for the purpose of clearing my debt to the bank.
Hopefully, by sharing this incident, others will not fall victims to this type of action. My account was closed prematurely, without notification, referred to Chexsystem, even though my direct deposit would have cleared the account in a matter of 7 days. From the 26th of June to the 3rd of July. Did anyone do the Math?
Finally, after numerous emails my account was reviewed. Reportedly a request has been made to remove my name from Chexsystem's database. I was told that each branch has autonomy to make a decision on any account that was opened at that branch. So, who is really the governing body here? Is it company policy or "branch" policy? Would I recommend anyone to open an account with Commerce? The decision is yours.
KANSAS CITY, GEORGIA -- Shortly after setting up an online banking account, I had reason to deal with their Customer "Service" group. First, they do NOT answer their emails. Second, when forced to call them, the hold time is ridiculous. Third, when you reach a person, they are so poorly trained, they know nothing. I deal with many financial institutions and have never found one so poorly managed (blame the management, not the help).
MISSOURI -- I have banked with Commerce for well over a decade. In the last two years, however, their service has deteriorated to the point where I fired them and went with US Bank. Good luck finding a live knowledgeable person when you call the customer service 800 number. After jumping through multiple hoops, you will eventually reach one. I suggest calling twice if you want to compare what you are told. If you have lots of time, three times is even better.
The ATM card they gave me worked at every ATM in St. Louis and surrounding areas...but not at any of the five Commerce Bank locations I went to. You can imagine how much I was charged then for transactions. When I requested a new card that would actually work at one of the Commerce ATMs, they sent me a Visa check card...in my deceased husband's name (he wasn't on my accounts). After multiple attempts (see number 1 above) to reach a live person, I was issued a new ATM card. Oh wait, no...no, it wasn't...it was another damn Visa check card which I specifically stated that I did NOT want. (They charge you $1.50/month for this thing.)
I used Bill Pay, alleged to be free, a few times. Oh, it's not free...I was charged $6.95/month for it. This was reversed when I stomped into a branch and spoke with a VP guy when I cancelled the checking account three weeks ago. But wait, there's more! The VP guy did NOT cancel my account as requested. He just cancelled my ability to look at the account on line. He also did not return my phone calls when the check I was told would be mailed for the balance did not arrive.
I ended up cancelling it by writing a check to myself for the balance. I was told by the teller at the drive-up window yesterday: "You can't do that." I said, "Give me my money now." She did. Good-bye Commerce. You will not be missed.