Santander Bank US Bank Account Or Service Complaint

Other bank product/service Account opening, closing, or management

Santander Bank US Bank account or service department,

Other bank product/service Account opening, closing, or management Massachusetts

I opened an overdraft line of credit in 2010 for an annual fee of $50.00. The fee is billed each -. This year I decided the ( LOC ) annual cost was n't worth the annual fee. On - - I paid off the balance on the LOC. On - - I went to the bank branch and told them I no longer wanted the LOC. I was told that I had to submit my request in writing. I later called customer service and explained that I no longer wanted the LOC. I then received a LOC statement charging me the $50.00 annual fee and some residual interest ( $4.00 ) from when I paid off the LOC. I called the bank 's customer service and was told that I had to pay off the LOC before they could close it.

Santander Bank US customer in Massachusetts
Mar 23, 2016

* Source: CFPB Complaint Database

Santander Bank US response to complaint:
Closed

Created with Highcharts 4.2.3Santander Bank USComplaint HistoryComplaints3/20125/20127/20129/201211/20121/20133/20135/20137/20139/201311/20131/20143/20145/20147/20149/201411/20141/20153/20155/20157/20159/201511/20151/20163/20165/20167/20169/201611/20161/20173/20170510152025Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Santander Bank USAccount opening, closing, or management49.6%37.7%8.8%0.6%1.5%1.7%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageAccount opening, closing, or management0.1%8.6%3.3%1.8%3.7%15.8%66.2%0.6%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Loading similar complaints