USER REVIEWS (Patrick Brian)
Wachovia Bank Cranford New Jersey
My daughter spent more than she had in her account. Three additional checks for small amounts overdrafted. The net result $35 times 4 or $140 in charges for aproximately $100 total in overdrafts. Within a week a deposit cleared and the overdraft fees plus the overage were deducted from the account. However the question is should multiple overdrafts resulting in under $100 or even $ 500 cost $140 in fees ?
One consideration is the cost to borrow $500 for a year at 10 or 20% interest which could be an annual charge of $100 to $200. So why not... read full review »
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