Quote Originally Posted by BluesClues View Post
Wachovia will do sneaky shit like hold a credit card charge for like a couple of weeks before they take it out and let other payments go through causing an overdraft! Got me several times that way. Others have told me that Wachovia has done the same to them


Actually, I dont think thats totally correct.. When you use your debit card as a credit card... the hold is made by the company where you made the purchase at.

That credit transaction/hold will not be released until the company closes/batches out.. then the bank will release the hold...

The more your money sits in the bank, the more money the bank makes of it.. So this process (hold) helps the bank make money...

So technically, is not the banks fault.....in most cases...


With all the technology in todays world only idiots can overdraft... I mean.. mobile banking.. alerts.. just keep an eye on your checking account .. and you are good.