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Commonwealth Bank Complaints - sudden bank fees

Review all Commonwealth Bank complaints

Commonwealth Bank

Posted: 2008-09-03 by Mitz [send email]
sudden bank fees
Complaint Rating:  100 % with 2 votes
Company information:
United States
Phone: 07 54964127
tips4pc.com

Did you remember to read the fine print when you signed up for a bank account because I didn't really take much notice. I signed up for a bank account thinking that they were great because they had no fees... But apparantly the bank was only being nice to me because I had a home loan with them.

When I moved my homeloan to another bank they started charging monthly fees on all of our accounts in my name and my husbands...
The funny thing is that we have had two of the accounts with the commonwealth bank longer than we had the home loan... Probably around 20 years ago...

So when I rang up to complain they just said "bad luck" and that I should have read the fine print!!! I only went to check on the account because I didn't want to get overdrawn because there was a paypal fee coming out..

I would have at least appreciated a warning letter, that after 20 years on two accounts and 1 year on the other, that now I was going to be charged fees??

I am disgusted for the second time with the Commonwealth bank (first time was trying to move my homeloan).

03/09/2008 O'DRAWING APPR'L FEE $30.00 $52.15 DR
02/09/2008 PAYPAL AUSTRALIA $6.99 $22.15 DR
01/09/2008 PREV MONTH ACCT FEE $6.00 $15.16 DR
01/09/2008 DEBIT INT TO 28 AUG $0.11 $9.16 DR
01/08/2008 PREV MONTH ACCT FEE $6.00 $9.05 DR
01/08/2008 PAYPAL AUSTRALIA $6.99 $3.05 DR
01/07/2008 PREV MONTH ACCT FEE $6.00 $3.94 CR
01/07/2008 Interest earned on this account $0.05
02/06/2008 PREV MONTH ACCT FEE $6.00 $9.94 CR
Comments United States Banks
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Comments

44 days ago by Teresaq [send email]
I agree with this complaint.. i was only $17 dollars over the limit. but why do they charge you for $30 dollars for? i use paypal also so it directly debits from the bank, but i agree with the complain above.. palpal or the bank should warn us about fees and they should warn us about us being on debit. If i knew about this then i wouldnt have been transfering it from my streamline to netsaver, i dont see why cant the bank just take off the remaining $$ from my net saver to cover the debt? Well yes i called up and they go i signed the document, but like the previous complaint. i was never told about any fees and charges because i am a student i dont get monthly fees and charges, they should have warned me about this fee. I find it kind of decieving, the banks should have warned us about the overdraft etc if so i would have used my credit card atleast it gives us time and notice for us to pay them back before interest fees are applied.
40 days ago by Linda [send email]
Wow! i never knew they would do this. I just transferred some money into my paypal without knowing that I have an owing because I never knew my bill was getting withdrawn out of my account this week. I checked my balance online and I have this...O'DRAWING APPR'L...thing! Saying I owe them 30 fee! LIKE WHAT IS THIS! I don't remember getting any fees because I am a student as well.
26 days ago by Wilamina [send email]
29/10/2008 O'DRAWING APPR'L FEE
$30.00
errgh...commwealth sucks...i am a students as well..& i agree with the above. They should at least give us a warning or a 24hours notice before withdrawing .. rather than like..BANG $30.
6 days ago by Anton [send email]
that SUCK!!...same here $30 AU from no where..no sign..no shit...no notice...charging for what??
banks in australia are just funny. Service fees everywhere for everything. Do you call this service or a cop-like watching your transaction ready to charge you.
6 days ago by Bita [send email]
Commonwealth has charged a $30 fee aswell: O'DRAWING APPR'L FEE

what the hell is this?!
22 hours 13 minutes ago by Yuwono [send email]
yeah me too.. what the hell is this.. 30$!!
i'm a student here.. come on!!
suck with commonwealth..

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