Regions Financial Corporation Bank Account Or Service Complaint

Checking account Problems caused by my funds being low

Regions Financial Corporation Bank account or service department,

Checking account Problems caused by my funds being low Florida

Last weekend I went to visit my wife and child in VA. While I was there I rented a car. The rental company put a " hold '' on $100.00 in my bank account. I had the car from late Friday night ( - ) until early Monday morning ( - ). Over the weekend I used my debit card several times for smaller items, most under $10.00. On Monday when I returned the car, the company put all the money back in the account except for $37.00. On Monday and the Tuesday following, I was hit with several overdraft charges even though when the charges came through there was money in the bank to cover the purchases. In total I was hit with - overdraft charges totaling $280.00 even though when the bills hit my account there was money in my account to cover the debits. The bank 's justification for charging me the overdrafts was that at the moment the card was ran the money was n't in the account. My question is how is it legal for the bank to charge overdrafts on me when there is money in the account when the debit comes in? I just want to be clear, there was no check deposit or anything like that, it was just a release of money the car rental was not using back into my account.

Regions Financial Corporation customer in Florida
Aug 18, 2016

* Source: CFPB Complaint Database

Regions Financial Corporation response to complaint:
Closed with explanation

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

{{x.COMPANY}} {{x.ISSUE}} {{X.SUB_ISSUE}}

{{x.COMPLAINT_WHAT_HAPPENED | preview}}...

Read more