For the past eight years, my husband and I have strayed away from traditional bank accounts. We bought one of those prepaid cards and were happy with it. We pay $9.95/month but don’t have to worry about overdrafts and direct deposits normally show up a day before his co-workers. It was win/win.
Then I started my business.
I needed a checking account. So I signed up for one and was proud to get a custom stamp for my checks, a big book of checks and I looked professional and all ready go to. Setting up the account was a breeze since I knew the branch manager.
The first time I tried to cash a check they told me it would be days before my check was available. I needed to pay rent, so that really wouldn’t work. I had to pay rent late and get charged an extra $50! Ugh!
The next time I went to deposit a check and they said it wouldn’t be available for about a week. Uuumm…no. I was so mad. They ended up calling my friend at the other branch, who approved it and I was good to go. Frustrating, but it was done.
The last time I went in to deposit a $28 check. Yep, just $28 and they didn’t want to accept it because it was made payable to me and not my business. I about lost it. I had already stamped the check for deposit only and she says to take it to the bank it was from to cash it, then bring that money and deposit it. I am NOT going to a bank that will charge me $5 to cash it to have to turn around and come back to deposit the $23.
How do you think it was resolved?
They had to call the other branch and talk to my friend, the branch manager to approve it. The check was for $28! Come on people!!
I wanted to tell them forget it and just close my account right then. I haven’t had a good experience yet. The perks they gave me at first were great..I mean, a really nice book of checks and a custom stamper was great but all the hassle every time I go in is not worth it. My friend’s branch isn’t close to me in any way, so I can’t just go there. Darn it!
What do I do??!?!
Disclosure: This sponsored po