I was given a atm debit card at 17 and I was suppose to be 18 and accumalated a bill.is my bank responsible?

Question

was given a atm/debit card by Charter One Bank at age 17 and the age requirement was 18.I've accidentally overdrawn out of my account and accumulated a bill of over $300,was unable to pay it and it's been sent to collections.I'm 18 now.But the entire purpose Banks set these age requirements is because of the responsiblity that comes along with managing a Atm/Debit card.Which I admit.I wasn't responsible enough to handle and wasn't aware of how you can overdraw your account.So basically my question is.Can my bank be held responsible (similar to how a liquor store could be held responsible for selling aclohol to a minor and they go out and get into an accident killing someone)would a court of law force them to waive the fee or even pay me damages for the trouble?

$180 was diposited into my account.it was also posted in my balance.but in reality it wasnt in there yet.I withdrew $180 thinking it was my $180 but I was actually overdrawing $180 of the bank s money and when my money was actually put into my account.I was thinking it was just extra money in my account.and of course after the fees and charges.the amount basically doubled.and by the way I never intended on my parents paying the bill.and its not the amount its the principle and the circumstances.

If they would have never given me the card.none of this would have happened.Im not saying that I didnt do anything wrong,But Just as a Gun Store or a Liquor store sell to minors illegally and something bad happen as a result.I believe that they are ultimatley responsible.And I am aware that these are set laws comapared the Company Policies but when they register those policies,rules and requirements.those are the ones they have to follow.just as a law.so it can also work in a disadvantage for them.Would some one be a little more open minded here with me.This is more then just $300.If i had Bill Gates money,i would still question these charges.This is about Corporate Big Heads getting over on people and getting away with it.How do we know if they arent just handing out cards to 10 year olds who doest even know what a checking account is.think about it.

I DID NOT LIE ABOUT MY AGE,DONT EVEN SEE HOW IT WOULD BE POSSIBLE IF THEY HAVE MY I.D AND BIRTH CIRTIFICATE IN FRONT OF THEM. in fact.I never even asked for the card or a checking account for that matter.I just wanted to be able to put money in and take it out.

Answer 1

i don't know about legally. but morally u just admitted to spending the money. you should equally admit to be willing to pay. learn a good lesson here cause later in life it will be very handy. don't lose the lesson.

Answer 2

Don't you have parents? A legal guardian? The person/people responsible are the ones who are responsible for you in general. And that certainly won't be a bank. And as far as debit cards...they're unsecured, uninsured cards. You get no protection from fraud like you would with a credit card. You can't pin this on the bank. Your parents or whomever is still responsible for you is responsible if you can't be responsible for yourself. At age 17. But whatever, no, not the bank. Don't try to pin this on merchants, or the bank, or the ATMS...you can't exactly ask them for help, so you better find somebody related/legally bound to take care of you to bail you out.

Answer 3

Please show me where it says you must be 18 to have a debit card. I seriously doubt there are ANY age requirements for debit cards that don't apply to opening a checking account. Unless ALL for the charges resulting in the overdraft occurred BEFORE you turned 18, the fact you were legally a minor at the time the card was issued is legally meaningless. Even then, the MOST you could ask is to forgive the FEES.