Chase Joins List of Banks For Unfair Overdraft Debit Fees

Victim Forced to Buy Most Expensive Bottle of Soda in the World

NBC Nightly News has reported that Bank of America used methods to charge over $1700 in overdraft fees made from purchases on a debit card by a customer. In fact, we learned that a source close to a lawsuit involving Chase for a similar issue was charged over $1200 in fees without any remorse by the bank. The purchases made were allowed after a deposit was put on hold, but the bank charged hundreds of dollars in fees for transactions that included a $3 purchase from an amusement park vending machine, according to the source. The fee charged was $35, which makes the bottle of soda one of the most expensive in the world, $38.00. "I tried to file a small claim in New York Civil Court," says the source, "But [Chase] used a paralegal out of Texas who wouldn't even give me a refund for one transaction. Once they charged one fee, it just steam-rolled over a holiday weekend with an inability for me to take action." NBC reported that industry estimates of $27 billion are projected this year from debit card overdraft fees. The story about this can be found on MSNBC's website at: http://www.msnbc.msn.com/id/22425001/vp/32848395#32848395