To start, I am a poor college student hanging on a thin string financially. Wells fargo saw it a point to bankrupt me in one fell swoop.
After renting seven redbox movies over 17 days not one had showed up as charged to my account or pending. However the day a late check overdrafts my account, they see an opportunity and finally charge me for two weeks of redbox movies each with a seperate 35 dollar overdraft fee. So $7.07 ends up costing me $255.00 all cause a conveniently timed drop of two-week long pending charges. Of course as a financial instutuion they can charge me whatever they deem appropriate for an overdraft, but it is hardly appropriate.
As for why the pending charges took two weeks to drop and did so only after my account was overdrawn by a few dollars....well they had no answers or sympathy for me. Just pleased to take my two week paycheck based on some fine print.
Product or Service Mentioned: Wells Fargo Checking Account.
Monetary Loss: $250.