So, I’ve had Principal Bank for quite a while now. I think it’s been over 4 years, ever since I got pissed off at Wells Fargo a while back (The last thing I can find was from 2002 when I complained about WF!).
Anyways, I have 4 accounts with them, three checking and 1 savings. The three checking accounts all have over draft protection by using the savings account. I keep a very limited amount of money in the one checking account that I carry the debit card for ($250 every two weeks) which is typically exactly how much I spend. Anyways, this last period I went over by $5 because of a gas purchase. Usually not a big deal because it’s automatically covered by my savings account. PLUS I had an automatic deposit which should cover it the same day.
Anyways, So I don’t really worry about it and I stop using that card. So on Monday I come in and there’s an overdraft fee on that account. So I’m like. WTF! This morning I called them and they said that my savings account has gone dormant because I haven’t used it in 12 months.
1) Why was I not notified that it was going dormant? How am I supposed to know this shit?
2) I made a $50 deposit to it in July! She claimed she couldn’t find that in my records.
THEN. I have two automatic transfers from account A. One for $695 into account B and then one for $250 into account C. These two transfers were supposed to have happened yesterday. But they still have not gone through!
I’d just like everyone to know that I still hate banks!