Overdraft fee's WAMU or Wells Fargo

[Vatche]

Yeah so i have both accounts, and i always always overdraft. it is hard not too cuz im always so broke, anywayz ive paid like over a grand in these fees over time and im wondering if anyone here can help me reverse these fees. i used to know a guy who worked at wells fargo who hooked me up but he left the company, so anyway i have 3 wamu overdrafts recently its like 85 bucks....i need the money so im desperate enough to ask :(

thanks

[SiI40sx]

I used to work at wamu and its really hard to hook someone up. A senior teller, LO or upper managment could only reverse it, and after a while corp. starts questioning. People can get fired* for doing it. But I know what you mean overdrafts suck ass.



....firing?? wtf wow....

[mrmephistopheles]

start using cash instead of debit/checks.
I have no advice to give in regards to charge reversals.

[Vatche]

i think im just gonna eventually stop using wamu, cuz theyre reversal is more strict then wells fargo i think

or does anyone know a bank that is more leniant on overdrafts? :(

[mrmephistopheles]

What I'm saying is stop overdrafting and you don't have to worry about fees or trying to get reversals.
If you stop yourself from being put into that situation, you won't suffer the consequences.

[cmcdougle]

:stupid:

B of A is cheap for overdraft, but there service sucks. Just don't spend so much.

And Wells Fago has overdraft protection.

[Vatche]

i originally had bofa, they screwed me bad. then i got wamu it was cheaper but went up. i got wells fargo cuz i had a friend there til recently.

ive been overdrafting since i was 16 and never able to control it. i even tryed just doing the cash thing but i still fuck evrything up i suck at life what can i say.

[FaLKoN240]

You need to learn to check your balance and use DEBIT, when possible.

When you pay for food, USE CASH. That's where you're probably overdrafting the most.

Being financially responsible is important dude

I'VE HEARD that overdrafting can make your credit score bad. (don't quote me on that.)

[shglbmx]

i know a pretty solid method on how to get a reversal.

[FaLKoN240]

Care to share with the rest of us?

[cmcdougle]

Care to share with the rest of us?


yes, do tell.

[Ricks15]

:ugh: Around a G in overdraft fees:ugh: damnn im not trying to put you down or anything but overdrafting like that and not learning the first time is just plain stupid. I know first had cuz I used to be like that when I had wellsfargo there fees were like 50bucks each overdraft. What I suggest you outta do is not use you're debit card to buy alot of shit, if you got cash in the wallet cool but if you dont then dont get shit. I suggest you outta just cash you're work check the old fashon way and just controll you're spending. Sure everybody knows that those damn plastic cards are a better and faster way for buy shit but if you can't controll it you'll only end up really poor paying fees and shit.

[mrmephistopheles]

Seriously, while I can empathize with having bad habits, this is one that'll really screw you.
You CAN fix this behavior, it'll just take a LOT of perseverance and care.
You should really start doing so today, because when you want to buy a house in 10 years, it'll just be finishing being cleared from your credit history.

1. Put your checkbook into a safe, and use it only to pay bills.

2. Use your debit card sparingly - debit cards are great for getting around with, but most people don't track every purchase like they would in a checkbook.

3. Use cash. Get $1-200 out at the beginning of a week (however much you feel you NEED), and use that instead of check/debit. Make sure the amount you withdraw is an amount you can do every week an not be short. It'd be dumb to pull 200 the first 2-3 weeks and not have anything the last week.

4. Consider your purchases. Be harsh in deciding if you NEED something or just WANT something. Think about it as though you were spending your sick grandma's money. Would grandma want me to buy this gas so I can get to work? Yeah. Would she approve of me getting this new emo haircut? Probably not (for multiple reasons).

5. PLAN on what money you spend. Without a plan you're kinda like that cop in the movies who spends all his ammo in a firefight, and then gets shot when he peeks out to tell his partner he's out.

6. Reconcile your checkbook. I'm still far deficient in this area, but at least I log every check I write.

7. Save some money. Be a damn scrooge. Get free coffee when you can, don't buy that copy of Super Street or Poodles Weekly. Set aside 1/10 of your paycheck per month. This will likely be the hardest part for you, so I recommend getting a separate savings account with NO check or debit access, and have a monthly direct transfer of a pre-specified amount dump into it.

8. Pay off your debts before buying toys, and if you owe a lot, before saving money. If it's something you don't need to buy, put it down and pay that much against your debts. Paying the minimum amount is GREAT - for the creditor! The longer you owe them, the more money they make. It's kind of senseless to save money when you MIGHT get 5% interest compared to OWING up to 25% interest.

9. STOP PAYING THE BANK FOR YOUR STUPIDITY - PAY YOURSELF AND STOP BEING STUPID.
Overdraft fees are probably the most avoidable bank fee besides ATM fees. It makes ZERO sense to pay them for not having money you don't have. Can you see how that becomes a vicious circle? Write a check for $50.05 to WalMart and have it overdraft because you're $0.05 short, now you've just paid $100.05 instead of $50.05. That is completely dumb.
Saying that you're unable to fix this behavior and are complacent with the consequences thereof is akin to saying that you know that fungal infection is going to spread, but because it won't go away after you shower, why fight it?

[tamdo7114]

use a credit card

[Vatche]

credit cards are maxed out yo haha, im broke

but i didnt overdraft a grand at one time, im talking over the past 8-9 years.

but yeah whatevers banks just know how to screw people like me over cuz i suck

[mrmephistopheles]

use a credit card
that's stunningly bad advice... :ugh: :ugh: :ugh: :ugh:

[silverarrow27]

You either need to get out of the hobby or stop spending so damn much. Or get out of the hobby and stay home.

[hsoj_v]

I have the same problem...
and the other problem is it's spent on the lady.

[S14DB]

Date the bank manager. Worked for me!

[Jung918]

Date the bank manager. Worked for me!

Does she have a sister?

[S14DB]

Does she have a sister?
A younger brother... :ugh:

[Evil240]

in my span of 4 years at bank of america.. .i think i have probally reveresed at LEAST 100k in fees. I can tell you right now, if an account has excessive fee reversals, the person who is constantly doing the fee reversals will get written up or fired depending on the dollar amount.

to avoid nsf/ucf charges, u can:

1. balance the check book better

2. set up overdraft protection with a savings account.

3. set up overdraft protection with a credit card.

4. switch back to a savings account n get rid of the debit card.

5. start using the debit function so that the funds are debited right away. (credit funtion can take 2-3 for the point of sale to clear) the initial charge is basically and authurization charge which gets debited again by midnight. the finial charge will hit later.

[SiI40sx]

in my span of 4 years at bank of america.. .i think i have probally reveresed at LEAST 100k in fees. I can tell you right now, if an account has excessive fee reversals, the person who is constantly doing the fee reversals will get written up or fired depending on the dollar amount.

to avoid nsf/ucf charges, u can:

1. balance the check book better

2. set up overdraft protection with a savings account.

3. set up overdraft protection with a credit card.

4. switch back to a savings account n get rid of the debit card.

5. start using the debit function so that the funds are debited right away. (credit funtion can take 2-3 for the point of sale to clear) the initial charge is basically and authurization charge which gets debited again by midnight. the finial charge will hit later.

Probably the BEST response in this thread. And of course with the conclusion of "just stop spending money you dont have!"

[Evil240]

to the best of my knowlege... overdraft fees are charged each time a POS charge is made.

so if the account over at a balance of $15.00 and u credit charge $20 (ur negative $5.00 + fee :bofa is $36 = -$41 bucks for a $20 charge)

now that you are negative, each additional POS sale is also charged with an nsf fee. with a max of $165 per day at bank of america. I have seen people charged with over $600 in fee's.

i know about fee's cause i was asked to resign from my position... =D

i reveresed over a thousand in fee's for a 92 year old lady and then applied for a credit card for her which got approved n then i helped her cash advance it allllll out ... knowing she wouldnt be able to pay it back.. i told her to live it up... enjoy the banks money and close her accounts. man was corporate pissed off!!!!!!! hahahahaha fucc bofa .. they payed me piss money...

side note to everyone. you cant buld a nice ride working for Bank of America.. hahahahaha well... maybe build up a civic....

[SiI40sx]

to the best of my knowlege... overdraft fees are charged each time a POS charge is made.

so if the account over at a balance of $15.00 and u credit charge $20 (ur negative $5.00 + fee :bofa is $36 = -$41 bucks for a $20 charge)

now that you are negative, each additional POS sale is also charged with an nsf fee. with a max of $165 per day at bank of america. I have seen people charged with over $600 in fee's.

i know about fee's cause i was asked to resign from my position... =D

i reveresed over a thousand in fee's for a 92 year old lady and then applied for a credit card for her which got approved n then i helped her cash advance it allllll out ... knowing she wouldnt be able to pay it back.. i told her to live it up... enjoy the banks money and close her accounts. man was corporate pissed off!!!!!!! hahahahaha fucc bofa .. they payed me piss money...

side note to everyone. you cant buld a nice ride working for Bank of America.. hahahahaha well... maybe build up a civic....

Lol so true. Bofa pays the shittiest of all banks! All about wellsfargo!

[Vatche]

well i originally signed up with wamu credit card because it said Overdraft protection.

turns out the overdraft protection linked to a credit card is a bunch of bullshit, what they do is when you go negative they smack it on your cc and charge you for the service, then they charge you for going overdraft. so i cancelled my wamu credit card.

end of story.

my hobby costs less then most of you would imagine, i spend all my money on gas to go to school or work or eating out which i used to have to do living on my own, but now i get free food at home cuz i was forced to move back into family home.

anywayz thanks for all your advice but ive thought of it already and it hasnt worked for me, i need a personal assistant to slap my hand and remind me everytime or something :) a hot one.

[Buffalo Daughter]

How about this, watch what you buy and don't buy more than you know you have in your account. Use your transaction registar to record what you buy so you know how much money you got at all times. If you keep all the spending without caring how much you have your gonna be in the shithole meaning bankruptcy sooner or later with the worst credit. Doesnt matter if your broke, its because you made yourself broke. Grow up and watch your spending and check yourself on shit you dont need. Aint the banks fault that they have high overdraft fees. Its made so they make money. Gottas make money some how right?Cant do it on free accounts but they will with cash withdraw from credit cards and overdrafts, plus interest on creditcards etc. Check yourself first. Word.

[coreansurfer]

how bout you just transfer everything to wells because wamu is gay

[Chasmoore04]

Lay off the hookers.

Get overdraft protection. Its amazing

[supad0rk]

Well you are pretty much taking the money that you dont have and throwing it out the windows. I can see a life or death situation... Actually don't even question the situation as the "Do I really need this" Just say "No, I don't have the money." or "I don't think I have the money... oh well forget it I'll get it some other time." Because all that money that is taken in the overdraft fee is never seen again... as far as you are concerned it disappears into thin air. Just think of giving me like $50 every time you are about to do it. I don't know you, you don't know me, but I sure don't mind taking your money.

[Vatche]

yeh i dont think about it when im using the card thats the problem, anywayz last time i asked about overdraft protection, they said it doesnt do shit and they will charge me regardless.

so yeah ill go talk to them again and see what i can come up with.

[FaLKoN240]

Man, I gotta find someone to reverse my past overdrafts, that would be SWEET.

[VROOOM]

I used to work at the WF call center in Santa Ana. ive seen people with 50 or more overdraft fees and 50 or more returned check fees in a year. came to over 4k a year in fees.

but what i think you should do is check your acct every morning. that way you know what is in your acct in the beginning of each day. i started doing that when i worked there and it has worked for me since. if you have direct deposit you can advance up to $500 a pay check.... but you will get raped by fees $2 for each $20 advanced(only do this if you HAVE to).

other than that i know the best chance of getting anything reversed is to be nice to the banker and if the first person cant reverse it, ask to talk to thier boss. the managers have more authority over refunding OD fees.technically they arent supposed to reverse if you have less than 1k average balance, have had a reversal in the past year and your acct is less than a yr old.

PS also if you sign up for something such as OD protection or what not you have a better chance of getting it reversed because you took the initiative to try and fix the problem. also they will mostl ikely go halves with you on the reversals if you get it.

[240giiiirrrrl]

i have a friend who works at wamu but its in socal..sorry to hear about this..hope everything works out

[Vatche]

do you mean not in socal? cuz i live in socal. haha

thanks for everyones replies i thought this would only get like 2 replies, but then again i guess alot of people deal with this.

the way they have the banking setup , even if you check your account every morning( which i do) the credit transactions arent posted. and balancing a checkbook defies the point of having a card. so basically people like me have problems with this. i have done well not to have many problems lately but every once in a while i fuck up, i forget a 10 dollar food transaction or something and the 3 dollar stuff i knew was gonna hit, gives me 3 more overdraft fees haha.

oh well thats life. when i make more money i will never have this problem again. my bank account will never be below 1000. sad times. another 2 years of this.

[articdragon192]

You still get fees with overdraft protection. It's like a 10 dollar fee. I've had it linked to my savings before. But the things with that is you need money in your other account too, lol.

[lilaznjeff]

online banking

[delphis]

I know wamu gives you 1 free overdraft a year and is only 27 compared to wells Fuc*you who charges 33 or 35 for each overdraft.