Sunday, June 29, 2008

Sovereign Bank Sucks

I recently deposited cash and a check at a drive in window, the cash was not immediately available. Since the cash was not immediately available like I expected (since it normally has been in the past) I overdrew on my account, not once but three times. All three times were very small amounts on money ... ranging from 3-5 dollars. So of course the bank charged me $33 three separate times for a total of $99. I feel as though this is crazy, it's almost like robbery. I went to the branch to complain and see if the charges would be reduce or removed entirely, of course they would not/could not remove the fees. I very calmly deposited enough money to make my account "green" again and I left the bank. I have many things attached to this checking account, but that will not stop me from taking my services elsewhere. I have one or two more paychecks coming from work, my school refund check will be deposited into that account as well, and I have one bill that will be paid online through that accounts system on June 26th. After these things are done, I will remove the money and take it to Commerce Bank where I opened a new checking account minutes after I left Sovereign Bank.



Commerce attracted me because of it's numerous convenient locations, not to mention that number is increasing due to the TD Bank merger. The benefits of my new checking account include the best banking hours available. Commerce is open 7 days a week and they have relatively late hours when compared with other banks. The penny arcade, pour in all your change, and get a slip with the amount of money, then give the slip to the teller for cash! It's free and easy and I can't wait to use it. I also got a free Visa Check card printed up right there, it took less than 5 minutes. The account also has free online bill pay and online banking.

2 comments:

ngmaloney said...
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Ingrid McCue said...
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