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Overdraft Fees Complaint - Unlawful Overdraft Fees?

Review by Kennyseven on 2010-03-24
Banks are unfairly charging you for late fees regarding Bank debit cards or ATM cards. Lets say that you have a hundred dollars in your account. You purchase 20.00 in groceries. Then take out another 30.00 on your ATM. Next day you take out 40.00. Leaves you 10 dollars. But you forget and take out another 90.00 out. Well, what the banks will do is post the highest amount first. That's 90.00. Which then will result in 3 overdraft fees instead of one! And this is common practice. Just google overdraft class action suites, and you will see that your bank is probably doing this too!

I have had this happen to me and I am currently talking to a lawyer about it. Any replies would be helpful since I am trying to build a case against M and T bank.
Comments:2 Replies - Latest reply on 2010-03-24
Posted by CrazyRedHead on 2010-03-24:
I take it you don't keep a checking register? Stop back by and let us know what your lawyer said about this.
Posted by momsey on 2010-03-24:
How could you sue the bank for them enforcing rules that you should be aware of? I always see people complaining about the order that banks post charges in, and I don't see how it matters. Yeah, I guess if they post the $90 last, you might have a chance to realize what you did and then transfer money, but that's not really their responsibility, right? In your example, you made a mistake and spent more money than you had. That's no one's fault but your own. Sorry.

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