Feb 4 2010, 07:42 PM
Does anyone here have any experience in getting over draft fees reversed? I paid someone by check and asked them to cash it sometime next week. Turns out they cashed it and I have overdrawn my account. Now I have overdraft fees on my account. What should I do? This has never happened to me before.
Feb 13 2010, 01:06 PM
First, the lessons:
1. You shouln't give someone a check anfd trust them to hold it.
2. If you do give someone a check in this manner, you need to postdate it for the day they can deposit or cash it.
Second, the help:
1. If you did postdate it, and they put it in early, then the bank is at fault. They are not supposed to cash or deposit a check before the date on the check. If this is the case, then you can demand they replace the overdraft fees.
2. If you did not postdate it, then try the soft approach. If you call customer service, they will almost always return the overdraft fee if this is the first time you have done this or you have had an account with them for a long time in good standing. Banks are really scrambling to get and keep good customers these days. Call the toll-free number for your bank and get connected with a live customer service rep.
Feb 19 2010, 07:37 AM
Lessons learned. And I did call the customer service a week ago and asked if they could reversed it. I even talked to the supervisor. Since it's my first time and I have been a good client, they gave in to my request. You're right with banks trying to keep their customers. Thanks for the response.