I had a checking account with TD Bank a few years back. And like so many people whose stories I have read, TD Bank was ‘feeing’ me to death! They indeed DO hold deposits and charge exorbitant overdraft fees with the so-called “Overdraft Protection” plan (which they automatically enroll you in. You actually have to go into the bank and sit down with one of the people at the desk and specifically tell them that you DO NOT WANT their overdraft protection). I was charged $35, $75, $105 consecutively for supposed overdrafts when my company paycheck was Direct Deposited to TD Bank.
I say all of that to say I have experience with their devious ways and means. So I slowly moved my money out of their bank. First my savings and checking accounts. Then my credit card debt.
Finally on January 2nd I did a debt consolidation with a competing bank who sent TD Bank a check on January 2, 2018 to completely pay off my bank loan with TD Bank.
I should be out of there!! But they took one more insidious swing at me!
The automatic withdrawals from my new checking account in a competing bank was approved by me several years ago as a means of paying my loan with TD Bank Down regularly. My $15,000 loan was paid down to $3344.89 by December of 2017. It was then I decided to consolidate my remaining debt and have a check sent to TD Bank to pay off the loan.
TD Bank representative Kim M said in a ‘secure’ response to me that TD Bank received the funds on January 10 2018 to pay off my loan. She said, “the payoff was short by $7.45. Due to the small amount owed, the $7.45 was waived and your loan was closed.”
It makes TD Bank sound so benevolent!
Two days later $295.47 was taken from my checking account - the regular payment to TD Bank, now for a loan that was already closed two days before.
When is somebody going to stop these crooks?
Now I am desperately trying to get that money back. They will find out how tenacious I am.
But really, aren’t enough people ticked off with TD Bank that something will be done about their greedy, devious and lawless practices?
TD unbenounced to me keeps incorrect records of available balances with the intention of charging overdraft fees. My problem started with a refund on the 23rd that didnt post til the 25th made with a debit card. Of course the money is in there because I was informed the money was refunded so i used my card. When oh looky looky its an overdraft fee. Ok thats fine. Its wrong to post a deposit last and charges first but somehow its legal no matter which one occurred first. I bought a cell phone on the 3rd with my debit card and used my pin to purchase and had roughly 3,200 in my account. About the 10th I read all transactions to my daughter to teach her how fast money goes. It was on the page. Eventually my funds dwindled and was down to $25 by the 22nd and then suddenly on the 25th when the refund of $304 was put back into my account suddenly the cell phone charge appeared again. It wasnt a second charge but had already been paid.
I go back to look at the 3rd and it was gone and moved to the 25th. Why would they hold it for 3 weeks? I believe someone at the bank is stealing by moving the charge as if it hadnt been paid then paying it again only to herself. Now in my mind Ive already paid it so I have money and used my card. Now somehow I got $307 negative plus a $140 overdrawn fee not including another for $105 and $35. I cant even wrap my head around it. Also I used my card last week on the 23 for the last time even if charges were pending wouldn't they show purchase date as well? Somebody should do something because its wrong how they are doing people!!
TD Bank has a phone application which when a negative balance is what is available does not contain a minus sign I accrued about $450 worth of overdraft fees before I realized this the teller and the platform worker were both extremely rude basically blamed it on me that I haven't used the banking system in the past five years were unable to restore any of this usery and theft by deception fraud report that they did to my bank account and it cost my elderly mother who had put the money in my bank account $450 of her hard-earned money did put parentheses around a negative balance and when I had inadvertently overdrawn money I thought that for example a parenthesis ($267 .05) that I had $267.05 in the account when in fact it was negative $267.05continue to use the card with it very logical assumption that that's the amount of money I had in there when I called them out on them doing this on purpose because it collects huge amounts of fees from people who make the similar mistake to me that have new accounts and haven't used TDs system of parentheses mean in a negative balance they basically sent me packing. I intended on filing charges with the Department of Consumer Affairs against them and seeing if I can get a class action lawsuit put up against them because this preys on elderly and disabled people or people with learning disabilities or people who have not used the banking system of late and it is purposeful it's obvious that they don't change it and just simply making a minus sign rather than parentheses because it just seems people into thinking their balances they don't and continuing to use their accounts when there are negative balances dust collecting huge amounts of overdraft fees for TD Bank this is usury it's theft by deception and its Consumer Fraud.
TD Bank, N.A. Reviews
I had a checking account with TD Bank a few years back. And like so many people whose stories I have read, TD Bank was ‘feeing’ me to death! They indeed DO hold deposits and charge exorbitant overdraft fees with the so-called “Overdraft Protection” plan (which they automatically enroll you in. You actually have to go into the bank and sit down with one of the people at the desk and specifically tell them that you DO NOT WANT their overdraft protection). I was charged $35, $75, $105 consecutively for supposed overdrafts when my company paycheck was Direct Deposited to TD Bank.
I say all of that to say I have experience with their devious ways and means. So I slowly moved my money out of their bank. First my savings and checking accounts. Then my credit card debt.
Finally on January 2nd I did a debt consolidation with a competing bank who sent TD Bank a check on January 2, 2018 to completely pay off my bank loan with TD Bank.
I should be out of there!! But they took one more insidious swing at me!
The automatic withdrawals from my new checking account in a competing bank was approved by me several years ago as a means of paying my loan with TD Bank Down regularly. My $15,000 loan was paid down to $3344.89 by December of 2017. It was then I decided to consolidate my remaining debt and have a check sent to TD Bank to pay off the loan.
TD Bank representative Kim M said in a ‘secure’ response to me that TD Bank received the funds on January 10 2018 to pay off my loan. She said, “the payoff was short by $7.45. Due to the small amount owed, the $7.45 was waived and your loan was closed.”
It makes TD Bank sound so benevolent!
Two days later $295.47 was taken from my checking account - the regular payment to TD Bank, now for a loan that was already closed two days before.
When is somebody going to stop these crooks?
Now I am desperately trying to get that money back. They will find out how tenacious I am.
But really, aren’t enough people ticked off with TD Bank that something will be done about their greedy, devious and lawless practices?
TD unbenounced to me keeps incorrect records of available balances with the intention of charging overdraft fees. My problem started with a refund on the 23rd that didnt post til the 25th made with a debit card. Of course the money is in there because I was informed the money was refunded so i used my card. When oh looky looky its an overdraft fee. Ok thats fine. Its wrong to post a deposit last and charges first but somehow its legal no matter which one occurred first. I bought a cell phone on the 3rd with my debit card and used my pin to purchase and had roughly 3,200 in my account. About the 10th I read all transactions to my daughter to teach her how fast money goes. It was on the page. Eventually my funds dwindled and was down to $25 by the 22nd and then suddenly on the 25th when the refund of $304 was put back into my account suddenly the cell phone charge appeared again. It wasnt a second charge but had already been paid.
I go back to look at the 3rd and it was gone and moved to the 25th. Why would they hold it for 3 weeks? I believe someone at the bank is stealing by moving the charge as if it hadnt been paid then paying it again only to herself. Now in my mind Ive already paid it so I have money and used my card. Now somehow I got $307 negative plus a $140 overdrawn fee not including another for $105 and $35. I cant even wrap my head around it. Also I used my card last week on the 23 for the last time even if charges were pending wouldn't they show purchase date as well? Somebody should do something because its wrong how they are doing people!!
TD Bank has a phone application which when a negative balance is what is available does not contain a minus sign I accrued about $450 worth of overdraft fees before I realized this the teller and the platform worker were both extremely rude basically blamed it on me that I haven't used the banking system in the past five years were unable to restore any of this usery and theft by deception fraud report that they did to my bank account and it cost my elderly mother who had put the money in my bank account $450 of her hard-earned money did put parentheses around a negative balance and when I had inadvertently overdrawn money I thought that for example a parenthesis ($267 .05) that I had $267.05 in the account when in fact it was negative $267.05continue to use the card with it very logical assumption that that's the amount of money I had in there when I called them out on them doing this on purpose because it collects huge amounts of fees from people who make the similar mistake to me that have new accounts and haven't used TDs system of parentheses mean in a negative balance they basically sent me packing. I intended on filing charges with the Department of Consumer Affairs against them and seeing if I can get a class action lawsuit put up against them because this preys on elderly and disabled people or people with learning disabilities or people who have not used the banking system of late and it is purposeful it's obvious that they don't change it and just simply making a minus sign rather than parentheses because it just seems people into thinking their balances they don't and continuing to use their accounts when there are negative balances dust collecting huge amounts of overdraft fees for TD Bank this is usury it's theft by deception and its Consumer Fraud.