Overdraft Debit Fees Treat Customer to $300 Fast-Food Charge
By Alexis Leondis
July 29 (Bloomberg) -- Tracy Hickman’s dinner for three at Taco Bell cost $11.99. She ended up paying $300 for overdraft charges triggered by the meal and other debit purchases.
Hickman says the expense resulted from delays in processing her child-support check at the Zanesville, Ohio, branch of Cleveland-based National City Bank. The 45-year-old customer- service representative said she uses a debit card more these days after canceling her credit cards because of high fees.
“I stopped using credit cards to keep me out of trouble and then got hit with overdraft fees,” Hickman said. “It’s not fair.”
By Alexis Leondis
July 29 (Bloomberg) -- Tracy Hickman’s dinner for three at Taco Bell cost $11.99. She ended up paying $300 for overdraft charges triggered by the meal and other debit purchases.
Hickman says the expense resulted from delays in processing her child-support check at the Zanesville, Ohio, branch of Cleveland-based National City Bank. The 45-year-old customer- service representative said she uses a debit card more these days after canceling her credit cards because of high fees.
“I stopped using credit cards to keep me out of trouble and then got hit with overdraft fees,” Hickman said. “It’s not fair.”
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