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Regions Bank Complaint - Making the poor pay for the rich - checking account
checking account - Complaint
I've been using Regions Greenchecking for quite a few years now. They charged me 5.00 a month because my SS deposit is only 475.00. This is ALL I get to live on so I have to really be frugal to the max. NOW I was just informed by mail and email that they will be charging me 10.00 a month plus 4.00 a month to use my Debit card!!! $14.00 might not seem like a lot of money to someone who makes a decent living, but to me it is a crime!
I guess I can skip eating one more day a week. This is no joke.
I guess I can skip eating one more day a week. This is no joke.
Comments:
Posted by spiderman2 on 2011-09-24:
Time to find a new bank.
Posted by Anonymous on 2011-09-24:
Try a Credit Union instead
Posted by kinthenorthwest on 2011-09-24:
There are too many banks out there that have no surcharges regardless of your balance.
I think its time you shop around for a new bank.
I dont know about your area but some of the smaller banks in my area are now offering rewards to change to them.
I think its time you shop around for a new bank.
I dont know about your area but some of the smaller banks in my area are now offering rewards to change to them.
Posted by trmn8r on 2011-09-24:
Banks are finding new ways to make money, BECAUSE rules are being changed that affect their old ways of doing it. The bottom line for THEM is they have to make money, which is true for any business.
What YOU can do is switch banks, and do it ASAP. I think you can still find a bank that will give you free checking. I would suggest PNC, if it is in your area. I use them and they are so good I can't believe it. They cover overdrafts for free and automatically take from another account if needed. No monthly fee, no minimum electronic transfer for free checking.
$14 a month is ridiculous. I hope you change quickly - Regions won't be reducing their fees anytime soon.
What YOU can do is switch banks, and do it ASAP. I think you can still find a bank that will give you free checking. I would suggest PNC, if it is in your area. I use them and they are so good I can't believe it. They cover overdrafts for free and automatically take from another account if needed. No monthly fee, no minimum electronic transfer for free checking.
$14 a month is ridiculous. I hope you change quickly - Regions won't be reducing their fees anytime soon.
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