So if you are to read up on schemes that banks use to encourage overdrafts. US bank uses every possible scheme to make this happen they get a ton of their money from overdrafts.
So they try to make you overdraft if this is not the sneakiest thing I'm not sure what is they will hold transactions for the maximum amount of days on purpose. the single most dishonest scam they do is say you go out and you know you have around 100 dollars in your account. if you spend 25 bucks on dinner 10 on gas 10 on beer and 5 on a pack of smokes all at separate locations, then 75 at the bar. so in your mind you think OK I might have one overdraft and that would be the 75$ right.
well that is not the way us bank does it they will take out the 75$ (most expensive)first. Then the 25$(second most expensive) so all of the other three transactions are considered overdrafts. So instead of only having one Overdraft now you have 3. One for the gas one for the beer and the other for the smokes grand totaling 37x3=111 which is way more than you were expecting to get hit with.
This is a known scheme that US bank uses. I have been with US bank for 11 years and until I read the schemes that banks use to encourage overdrafts. I had no idea why I was over-drafting so frequently. Now I realize it was not me but the shiesty institution that US bank runs.
I am now taking my money out of US bank because I realize they not only use this scheme but every other scheme that I read they use.
Making them a very bad institution to manage my money through.
Monetary Loss: $2000.