Banks That Suck Series

July 24, 2009

in banks that suck

Rainbow
Creative Commons License photo credit: Dennis Wong

I wrote about Chase Bank and how much they suck.

When I posted about it on twitter, I got some great responses from other personal finance bloggers. Many had their own stories of how their banks suck.

I’m starting a series, and encourage you to share your own story of bank suckage.

You can write about your experience in the comments, or email me with your story.

Today’s post comes from Paul at Fiscal Geek. You can read all about how much Paul loves Wells Fargo here.

Do you have a bank you won’t do business with? What was your bad experience? A credit card nightmare, a mortgage fiasco, or fees that added up for no apparent reason? Share your story with me in the comments.

Kelly

© 2009, Whalen Media LLC. All rights reserved. To repost or publish, please email Kelly.

About Kelly


Kelly Whalen is the founder of The Centsible Life, a blog where motherhood and money meet. Her goal is to help readers live well on less. Kelly is a mom to 4, and loves that she can stay at home with her kids, and still pursue her passions for writing, personal finance, and social media. You can often find her on twitter and Facebook talking money and motherhood.

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Tagged as: banks that suck

  • Mary Ellen

    I think banks are at a high in ripping off the customers with he outrageous fees and obscurity in their practices. I have been appauled with the charges penalities practiced at Bank of America. There has to be a recourse that one can take in recouping some of the illegal fees. The practice makes me feeI that I am being legally robbed.

    ME – - -Grand Prairie, TX

  • Mary Ellen

    I think banks are at a high in ripping off the customers with he outrageous fees and obscurity in their practices. I have been appauled with the charges penalities practiced at Bank of America. There has to be a recourse that one can take in recouping some of the illegal fees. The practice makes me feeI that I am being legally robbed.

    ME – - -Grand Prairie, TX

  • Diane Adams

    CHASE BANK CONSISTS OF THIEVES AND PIRATES!!!!!!!!!!!!!!!!!!!!! MADE 1 PAYMENT LATE AND JUMPED FROM 0% TO 29% INTEREST RATE!!!!!!!!!! MADE A PAYMENT BY PHONE FOR $399.99[MIN DUE WAS $349] THERE WAS A $9.95 CHARGE FOR THIS SERVICE! ANYWAY……………………….THE PHONE PAYMENT WAS RECORDED AS $299.99 SOOOOOOOOOOOOO CHASE BANK CHARGED ANOTHER LATE FEE OF $35.00 BECAUSE THEY SAID I MUST HAVE PUSHED THE WRONG BUTTON UPON PHONE PAYMENT AND THEREFORE DID NOT MEET THE MIN PAYMENT OF $349.I HAVE RECEIVED SEVERAL AUTO PHNE CALLS TELLING ME IN ADDITION TO THE $299.99 I MUST NOW SEND AN ADDITIONAL PAYMENT THIS MONTH WITH ANOTER LATE FEE OF $35.00 TODAY!!I CALLED SEVERAL TIMES TO STRAIGHTEN OUT THIS MESS BUT THE REPRESENTATIVES I SPOKE WITH IN INDIA SAID SORRY BUT THAT IS THEIR POLICY! I BEGGED FOR A LOWER INTEREST RATE………………..NO WAY ! ONE REPRESENTATIVE OF CHASE ACTUALLY TOLD ME I WOULD BE BETTER OFF TO DO A BALANCE TRANSFER TO ANOTHER CARD!CHASE DOES INDEED SUCK! THEY SUCK THE LIFE BLOOD OUT OF ANY CUSTOMER UNFORTUNATE ENOUGH TO BECOME INVOLVED WITH THEM!

  • Diane Adams

    CHASE BANK CONSISTS OF THIEVES AND PIRATES!!!!!!!!!!!!!!!!!!!!! MADE 1 PAYMENT LATE AND JUMPED FROM 0% TO 29% INTEREST RATE!!!!!!!!!! MADE A PAYMENT BY PHONE FOR $399.99[MIN DUE WAS $349] THERE WAS A $9.95 CHARGE FOR THIS SERVICE! ANYWAY……………………….THE PHONE PAYMENT WAS RECORDED AS $299.99 SOOOOOOOOOOOOO CHASE BANK CHARGED ANOTHER LATE FEE OF $35.00 BECAUSE THEY SAID I MUST HAVE PUSHED THE WRONG BUTTON UPON PHONE PAYMENT AND THEREFORE DID NOT MEET THE MIN PAYMENT OF $349.I HAVE RECEIVED SEVERAL AUTO PHNE CALLS TELLING ME IN ADDITION TO THE $299.99 I MUST NOW SEND AN ADDITIONAL PAYMENT THIS MONTH WITH ANOTER LATE FEE OF $35.00 TODAY!!I CALLED SEVERAL TIMES TO STRAIGHTEN OUT THIS MESS BUT THE REPRESENTATIVES I SPOKE WITH IN INDIA SAID SORRY BUT THAT IS THEIR POLICY! I BEGGED FOR A LOWER INTEREST RATE………………..NO WAY ! ONE REPRESENTATIVE OF CHASE ACTUALLY TOLD ME I WOULD BE BETTER OFF TO DO A BALANCE TRANSFER TO ANOTHER CARD!CHASE DOES INDEED SUCK! THEY SUCK THE LIFE BLOOD OUT OF ANY CUSTOMER UNFORTUNATE ENOUGH TO BECOME INVOLVED WITH THEM!

  • Dirk

    After years w/WAMU& short time with the bandits at Chase I’ve moved everything to a credit union.Lousy bloodsucking big banks

  • Dirk

    After years w/WAMU& short time with the bandits at Chase I’ve moved everything to a credit union.Lousy bloodsucking big banks

  • http://www.punchdebtintheface.com Debt Ninja

    Don’t know what happened in that last comment. It freaked out or something. Basically I was saying big banks suck, even though all of my accounts are at them. Once I settle down and know where I will live for the long term I definitely plan to join a local credit union or local bank.

  • http://www.punchdebtintheface.com/ Debt Ninja

    Don’t know what happened in that last comment. It freaked out or something. Basically I was saying big banks suck, even though all of my accounts are at them. Once I settle down and know where I will live for the long term I definitely plan to join a local credit union or local bank.

  • http://www.punchdebtintheface.com Debt Ninja

    Washington+Mutual+sucks…so+bad+that+they+had+to+become+another+sucky+bank.+Unfortunately+I+am+a+banking+whore+and+have+accounts+with+wells+fargo,+chase,+bank+of+america,+and+countrywide+(now+BoA).+Once+I+settle+down+and+know+where+I\’m+gonna+be+long+term+I+will+definitely+join+a+credit+union+or+local+bank.+Big+banks+can+suck+it.

  • http://www.punchdebtintheface.com/ Debt Ninja

    Washington+Mutual+sucks…so+bad+that+they+had+to+become+another+sucky+bank.+Unfortunately+I+am+a+banking+whore+and+have+accounts+with+wells+fargo,+chase,+bank+of+america,+and+countrywide+(now+BoA).+Once+I+settle+down+and+know+where+I’m+gonna+be+long+term+I+will+definitely+join+a+credit+union+or+local+bank.+Big+banks+can+suck+it.

  • http://noisyarmadillos.blogspot.com/ Jenn

    I have had MAJOR issues with PNC and how they handle transactions, fees etc. I’m not a fan.

    I will say that I love TDBank (formerly Commerce). They don’t charge fees and they are super friendly and understanding.

  • http://noisyarmadillos.blogspot.com/ Jenn

    I have had MAJOR issues with PNC and how they handle transactions, fees etc. I’m not a fan.

    I will say that I love TDBank (formerly Commerce). They don’t charge fees and they are super friendly and understanding.

  • http://www.budgetsaresexy.com J. Money

    haha, that is awesome. good thinkin’ ;) if i wasn’t absolutely enamored with mine (USAA) I’d totally join in on the action.

  • http://www.budgetsaresexy.com/ J. Money

    haha, that is awesome. good thinkin’ ;) if i wasn’t absolutely enamored with mine (USAA) I’d totally join in on the action.

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