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US Bank Car Lease
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PO BOX 2188, WISCONSIN -- I just completed a 3-year lease on a 2007 Honda CR-V and, since I had a very low payoff, decided to trade it and buy a new car. Imagine my surprise when the dealer was quoted a payoff amount almost $9,000 more than my payoff. When I called US Bank they said, "we're under no obligation to sell anyone the car at YOUR payoff except for the dealership you leased it from."

Where was this in my contract? Oh, it wasn't! Nor were the fees I am now having to pay to BUY my car in order to keep from losing all my "equity". I guess I'm just lucky they aren't finding a way to charge me wear and tear. I'm still struggling with the buyout paperwork. Evidently, if everything isn't sent in the same package on the same day by registered mail by a certain date, it doesn't count. There is no way these people should be allowed to continue to operate.

Updated to add: In response to the 'comments' that have been added: I put the word "equity" in quotes in my complaint for a reason - I never expected equity in my lease; however, the managers of three separate dealerships have used that term, thus, I used it here. I am well aware how a lease works and what it is and is not. I am well aware of how to read a contractual agreement and so is my attorney.

Even the dealership where I leased the car could find no such clause in my contract. It is not there. They supposedly had no idea they were the only dealership who could purchase my lease for the residual value. No one I have spoken to has ever heard of a leasing company trying to "sell" a leased car to a dealership for $9,000 more than the RESIDUAL value clearly stated in the contract. Even US Bank has admitted it is NOT in the contract nor are the fees for purchase spelled out in the contract.

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Negative Balance Fee... A Hidden Nightmare
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MEDFORD, OREGON -- We opened a checking account with U.S. Bank using their website. I electronically transferred the minimum required funds into the account and ordered my checks. I subsequently decided to hold off using the account while I dealt with auto-deposit and Bill Pay issues with my existing bank. At no time during the process of opening the account was it made clear that I would be assessed a daily "negative balance" fee of $7.00 if the account balance were to drop below zero for reasons other than a check or debit card transaction.

I'm certain that they do provide notice in the fine print, but it is not placed such that consumers would notice or understand what it means. I consider myself a fairly intelligent person and I did not notice it. If I had, I would not have done business with them. On with the story... From the time the checking account was opened the only activity was the initial deposit and the monthly service fees assessed by U.S. Bank. No checks or debit card transactions of any kind were posted against the account.

After a number of months, the monthly service fees ate up the initial deposit and put the account into the red. On that very day, U.S. Bank began assessing a $7.00 per day "negative balance" fee. Thankfully, my wife and I caught that within a week of when it started. Still, with no activity, and therefore no transactions to deal with, the bank would still charge us $210 per month until the account is closed. Now here's the catch... they won't close the account until you pay the accrued "negative balance" fees. They will NOT waive the fees. Even if you never wrote a single check on the account! So much for the so-called Five Star service!

We ask ourselves "What if we had moved? What if we were out of the country for many months? We would have been accruing "negative balance" fees at the rate of $210 per month!" What a shock that would be if you then found out a YEAR later when you then owed them over $2500 and never wrote a single check! Don't do business with these folks!

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Recent Call To "Customer Service" Leaves Me Talking Like A Pirate: Arg!
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MARSHALL, MINNESOTA -- US Bank Office Equipment Finance Services (OEFS): TERRIBLE! This is the "financing tool" that copier companies sell their accounts to. US Bank OEFS can't get their head out of a hole-in-the-ground! I've been a client for decades, and they do not communicate well with the companies from whom they buy these contracts (the copier seller). OEFS is "greedy" in late fees, when it can take 16 days for an invoice leaving their office to reach my desk, I have to sit down the day I receive the invoice and pay it or they claim they don't get it in time. What is that? Is it really my fault that their "payment processing center" is so slow. It is probably in Pakistan!

So I recently called customer service... Three months ago I provided proof of property damage insurance on this copier, but, hmmm, they can't find it, (this after a verbal acknowledgment back when I faxed it) so I'm contacting my commercial insurance agent again. She said: "We did this 3 months ago... Oh, it's US Bank, they are notorious for this.” So I'll have to do the process again. And I can just forget about the $30/monthly “Prop Damage Surcharge” I've been charged all these months.

Further, not one, but two “customer service” reps just got sarcastic and condescending with me. The first representative was just plain snotty, but when I pressed for a manager, she (the manager) accused me of taking “a tone” with her and called me sarcastic (which I was not). It quickly became clear that these “customer service” ladies were neither service-oriented or customer-friendly. Saving grace: It is “Talk like a pirate day”. So: Arg!

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Child support payments - U.S bank Reliacard best option if you have no bank!
StarStarStarStarStarBy -
Rating: 5/51

SIOUX FALLS, SOUTH DAKOTA -- OK, for the past few months I have been scoping at other options to get my child support put into a different account than my social security. With no luck, I contacted division of child support and they got me a US BANK Reliacard. My first payment came today, exactly on time, no fee to take out of US Bank. I got an alert my payment came in early this morning and took out the funds a few hours later. I also got a email. It was very easy, quick, and no fees. I highly recommend people get this card if their state offers it, for disability or child support. It makes it easy without the fees of the cards like Netspend, Rush Card. Those have been proven to cause a lot of problems.

This card, I can honestly say, is working for me! Then, my funds for my son's child support are separate and I know exactly where it is and how I can get it out. And it helps the bank is right around the block from my house! Also, they have a website where I can check out what I spend at any time, no fees. It makes it much easier for me! I have tried Rush Card, they were horrible. I tried another card owned by American express. Not bad but after seeing the fees, I figured that was not the card for me. My bank works for my social security but this way, I can keep track of exactly what I get weekly without worrying what's coming out and what's already out. I highly recommend it.

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US Bank - Predatory Fees, Misinformation and Horrible Customer Service.
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CALIFORNIA -- US Bank is the absolute worst, least ethical and predatory bank I have ever had the displeasure of having an account with. Their fees are hidden and exorbitant. Most of their staff gives misinformation which costs the customer and which they will not rectify. You could end up in real trouble you are not constantly checking up on the bank and your account.

I closed my account in June 2011 because I noticed they had been charging exorbitant fees and overdraft fees with no overdraft and no longer had free checking. They started charging for all checking accounts if certain criteria were not met. They told me I had to wait for the account to be closed because a $10.00 charge which was made a week ago had still not been paid by the bank! They did this to charge me the next month's fee on keeping the account open.

After I closed my account, I was sent a letter for a $20.00 fee on 23 cents of overdraft I was never informed of when I closed my account. I called and was told to disregard. I received a second letter with $40.00 in overdraft fees. I called to clear up the situation and asked the fees be waived since they had given me incorrect information. I was told nothing could be done and if I didn't pay it, more fees would be incurred. Stay away from this bank if you want a sound mind and your money safe.

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US Bank Steals money from accounts
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CALIFORNIA -- US Bank is by far the worst bank I have ever seen or dealt with. Creditors are easier to talk to than these people. For years of banking with US Bank, they have stolen thousands of dollars from my account from fraudulent late fees, to complete unauthorized deductions going straight into their pockets. Please, I urge anyone looking for a bank to turn and run away from this one.

Please, in my area, Schools Credit Union, Bank of America, Tivercity bank and Golden 1 are absolutely the best options. I've never lost more money in my life and never been driven into poverty this bad. I'm deathly afraid of the close out process from this bank and fear the loss of my entire worth to them.

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$344 in Fees by U.S. Bank Over a $0.17 Overdraft - What Do I Do?
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SAN DIEGO, CALIFORNIA -- US Bank is ruthless and is set up to prey on disadvantaged people with no money. Over the past month, I have been assessed $344.68 in overdrafts fees for being overdrawn by $0.17 cents by U.S. Bank. This overdraft occurred because I had been relying on the online banking to check my balance. (I only use the regular ATM card WITHOUT the VISA logo. I do not write checks.) Every time I try to talk to someone at US bank to straighten this matter out, whether it be at the branch or over the phone, they tell me they can't help me.

Meanwhile, the charges just keep racking up. I don't know what to do. Paying $344 for a $0.17 overdraft is like charging me 202,300% interest on a 17 cent bank "loan"!! I am a student and live from paycheck to paycheck and do not have $344 to give to the bank.

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Unfair Business Practices
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VACAVILLE, CALIFORNIA -- Hidden Fees, Double charges being allowed to be debited, then making me responsible for the clean up. When I asked for their help it took months to get the paper work back and the refund. Meanwhile, I was incurring US BANKS favorite rewards, overdraft charges. Look at all of these complaints, daily charges, overdraft charges, my favorite "review your account for no reason" charge, that one cost me $120, then they charged me overdraft fees, because they didn't have to warn me so... you get my drift. AND I WAS A BUSINESS ACCOUNT. 5 star, I Never Saw It!!! I went into the branch and told the Teller I wanted it closed, she sent me to another.

I finalized my account, she said "Is that it!" I said yes. 2 months later they notified me I owed $1,200 dollars... They were still paying outstanding automatic bill pays from people who were billing the wrong account, and then incurring OVERDRAFT FEES, daily fees, etc., etc. even though there was no money in the account. Nightmare!!! That's not even the end of it. Now my taxes are due and I need a full copy of all my statements, they won't give them to me. They reported me as a charge off even though I paid $1,260 to them to get this all cleared up, I paid to get the charges to stop. I took out a loan to get the charges to stop. TO BE CONTINUED...

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.5 Star Customer Service!
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PHOENIX, ARIZONA -- I'm in the process of cancelling my account at U.S. Bank, because the customer service leaves much to be desired. It took me roughly two weeks and several follow-up calls just to receive my ATM cards for my accounts. I got such a runaround when calling about my ATM card for one of my accounts that I cancelled the account altogether. However, I do love the ATM fee reimbursement. Though I suppose if there was a convenient U.S. Bank location, I wouldn't have to use another bank's ATMs.

There are some very nice people who work for U.S. Bank. But you know what they say about bad apples. What I remember is the smugness of an unnamed male bank teller at the N. Central Ave. branch, when I had a difficulty with my account.

I also remember going to the Osborn/Safeway branch, where there are MANY nice employees, and listening to a not-so-nice employee completely stonewall a customer. It was evening and the man needed some sort of confirmation of a deposit. The woman refused to make an extra effort to help this man, saying he would have to wait until morning. Not only that, but the man's English was obviously not his first language, and she spoke to him as if she were scolding a child. No one deserves to be talked down to like that. Though there are some good perks (e.g. ATM fee reimbursement), the customer service isn't quite good enough to warrant doing business with U.S. Bank.

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US Bank Rating:
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1.5 out of 5, based on 11 ratings and
19 reviews & complaints.
Contact Information:
US Bank
800 Nicollet Mall
Minneapolis, MN 55402
800-872-2657 (ph)
www.usbank.com
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