Because you arent. These good folks are acting as though you should have anticipate what the dress company would do. Must be nice to have so much money in the bank that you can think that way.
The dress company is at fault. They overcharged you and caused all this. There is no other way to view it. As far as I'm concerned they should cover the overdraft charges. Why should you? You had enough in the bank to meet your obligations, with absolutely no reason to have more there.
If you have been a long term, good customer of the bank, they should reverse the charges. If they dont, i would find another bank.
Paul
As an aside, i once had a bank fail to transfer money between two accounts to cover overdrafts, even though they had said, in writing, that they would. 12 bounced checks later (all school related, before the internet and internet banking, my bank was in a different city, hell, on a different island from where i was living) they denied they had done anything wrong, even when shown the document that stated they would transfer funds.
Well, i started screaming. Literally. In the bank. Im not proud of it, but the overdraft charges would have wiped out a couple of months worth of living expenses.
They couldn't reverse the charges quickly enough. They even sent out letters to everyone whom i had bounced checks to.
Of course, the same thing happened the next year, (seriously, except there was no screaming,) so i moved all my accounts.
Every month, i would go into that bank and pay my student loan. And every month, they would ask why i didn't just bank there. And every month, i would tell the same story.
Paul
Well...I got a call from the bank today. The refund came as did the fax letter from the "dress company" admitting fault.
The bank then (graciously) withdrew the $180 in fees. All is well.
Oh, and...
The dress came today also.
And...you guessed it...it doesn't fit.
I am never wrong.
Well...I thought I was wrong once...but I was mistaken.
I believe Bank of America was sued for the same thing. Having said that, I have had several overdraft fees reversed by them. In our area, they are customer friendly. I got overdraft protection because both myself and LOML have access to the account. This came about because LOML and myself made a car payment to the credit union on the same day. Credit union returned one payment and the bank waived the over draft charge. Both the credit union and the bank were hugely amused.
I use a credit card to provide an additional method of protection between my banking and my purchases. My preference is for AMEX and they're quite helpful in cases of fraud, potential fraud or billing error.
It also has the added bonus of cashback in my case.
Bumbling forward into the unknown.
But Dave Ramsey says credit cards are bad
LOL, thanks for the laugh Matt.
Bumbling forward into the unknown.
Go into the bank and talk to a banker. They will usually cancel the overdrafgtsif you can prove to them the issue was caused by and overpayment of a purchSE. I went through and did what I mentioned. They looked at the purchase, the price they charged and the response returned and canceled the 12 overdrafts. They had me wait to do any purchases until things caught up. I was more than happy to comply...$420 worth of happy!