Fifth Third Bank Complaint - Theft in the form of overdraft fee
I had an unexpected check come through today on my 5/3 account. Honest mistake. I'm approx. $100 overdrawn. To my dismay, I am being charged $370 in fees. Debit tranactions from last week are showing as overdrafts. This is a scam. I had a positive balance yesterday and made had no tranactions until an autodebit came through I wasn't expecting. 5/3 convienently (for them) posted my last 14 debit tranactions at the same time as the overdraft and paid them in sequence from largest to smallest thus maximizing the overdraft fees. I put money into my account 1st thing this morning. How do charges I made last week show up after an autodebit that posted today. 5/3 rearranges your debit tranactions to maximize fees. I take responsibility for the mistake, but not $370 worth. I overdrafted once, not 10 times. I think they list debits as pending for a few days just in case they get an oppurtunity to nail a customer with overdraft fees. This is unbelieveable. I am sick. How can a bank possibly get away with such blatant manipulation.