I THOUGHT THE BANK DOES NOT HAVE THE RIGHT TO CANCEL MY CARD-"WITHOUT MY AUTHORIZATION "sufficient founds were

Question

I WAS ON VACATION, F0R 2 WEEKS -OUT OF THE US-AND FOUND OUT THAT THE BANK CANCELLED MY CARD WITHOUT MY AUTHORZATION -I CALLED THE 1800 # BUT TO NO ADVIL..(THEY WHERE THE 1'S THAT CANCELED).I HAVE NOT RECIEVED THE PERSON'S NAME WHOM DID ALL THIS BS... I HAD TO FIND A WAY TO COME UP WITH THE MONEY FOR THE TRIP HOME AND DAILY LIVING EXPENSE..- DUE TO THE FACT MY CARD WAS CANCELED... NICE BANK HU?.......

This was may bank debit card so yes there was suffient founds in to carry me through...

Answer 1

You need to bank elsewhere for starters.... Close your account and open it with a bank that is responsive to you as a customer. This will keep them from ever closing your bank card.
"without your permission" again.Finally, report this company(BANK) to your state's consumer protection agency

Answer 2

Well, for one thing, any bank or credit card agreement clearly states in the terms that it remains their property and may be cancelled or revoked at any time without your permission. You need to go back and read up on it, it's there!

And secondly, many banks now have very strict security measures which require them to check with you on out of character charges and debits. You say that you were out of the country - Do you often travel outside the U.S. or is this the first time? If it is the first time, then of course, these were charges/debits that were totally out of character for you. And since they usually call pretty quickly to check (before the spending goes galactic), and you were gone for two weeks, then they couldn't get ahold of you and therefore to protect themselves against the "no liability for fraud" clause that most have, they cancelled it.
Completely within their rights as card issuer and excellent business practice to keep someone from charging massive amounts on your behalf, then you not having to be liable for it, and guess what?, they then have to eat all that.

First thing you have to learn is that credit cards and other bank cards are a privilege, not a right. Secondly, if you want to make sure that nothing goes wrong then plan ahead and let someone know what's happening. Then you won't find yourself in the position where you ended up. A simple call to the bank ahead of time, letting them know to expect strange charges, might have stopped this whole incident and kept money in your pocket.

One thing though that you didn't address in your details, was whether or not it was a credit or debit card. Either way, it's the same question: Did you exceed the credit limit or your bank balance? If either of these is the case, then any bank in the U.S. will cancel the card. No explanation to you needed. At that point, you would have violated the cardholder terms of agreement.

Answer 3

my bank did that to me while i was in mexico. it is a fraud protection system that raises a red flag when your card is used somewhere other than your home area. when i got back from my almost ruined vacation, there were multiple messages asking if i was out of state or country using my card. pretty stupid, cause if i am on holiday, im not going to answer the phone at home. hope you salvaged your trip, i know i barely did.

Answer 4

Credit card? Did you pay the bill on time? Bank card? Did you spend more than you had in the account?

Answer 5

go to the bankwhere you got your card and ask . if the bank cancelled it then someone there should be able to help. good luck.

Answer 6

Banks do make errors-which is in your favor!! keep all your receipts- you have spent on that trip .... must I say more!!!

Answer 7

Sorry that happened to you but you should have listened to Mr.Malden."Don't leave home without it."

Answer 8

Get an attorney ASAP...........