By Anonymous - 24/09/2015 01:21 - Canada

Today, I found out my bank charged me $50 for not having any money. Way to go bank, way to go. FML
I agree, your life sucks 27 187
You deserved it 4 156
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Top comments

CueTheMusic 22

I would imagine that is an (albeit pretty high) overdraft fee? Consider cancelling the overdraft, then keep an eye on your account to make sure you don't get that low in future, or consider switching to a fee free planned overdraft with another bank. Check the terms though!

133 1
purplemango 21

It's probably stated somewhere in their policy, right? If not, definitely try getting it back!

120 2

Comments

Kristoffer 35

two words: credit union. because banks are thieves

9 2
HammyHamster 5

this happened to me. I was over drawn on a "non withdrawable " account and got charged £80.... fml

0 2
cassi2525 5

I overdrew my account by 3¢ once. I had written a check and forgotten about it because my child's school waited 3 months to cash it. It ended up costing me over $150 in fees...the overdraft fees, plus the cost of another ($5) transaction that went through before I realized what had happened, plus the overdraft fee for THAT transaction, plus the daily fees the bank charged until the account was in good standing again...which took until payday. My paycheck was just over $200. Needless to say, the next week was difficult and I was playing catch-up for a while. Preschool teachers don't earn much as it is, and having a bank take your whole paycheck because of a 3¢ mistake makes it incredibly difficult to support yourself and your kids.

6 1
Geckosrock99 33

That sounds like complete BS. I understand the need for overdraft fees, but if it's under a certain amount, say $5, I think they should just let it slide, unless you're a problem spender. Losing your whole paycheck over one $.03 mistake is just outrageous. Especially since its pretty easy to find $.03 laying around somewhere.

1 2
cheeeksss 29

I didn't say it was stupid. I was saying that it may SEEM stupid to charge those who clearly don't have money. But then I further elaborated why they do it.

4 2
lvg_fml 10

Try switching to a credit union. They're better and more fair

1 1
jeepers_1 21

until you try to find one in a different city. or want to use an ATM

2 1
SomethingAwkward 1

If you aren't a habitual overdrafter, call them and ask them to reverse it. I did that a couple weeks ago. It made a careless mistake on my end and I overdraft twice. They reversed both of the $43 charges. If they don't want to, threaten to go to another bank. I've worked in a retention department. 90% of the time, it works. Just be very polite.

3 0