Quote:
Originally Posted by After Shock Media
Do declines really cause people fee's?
I know I have had my card declined in past and never saw a fee on it for trying to use the card. Only time I have seen a fee is when they authorized it as an overlimit fee and paid the bill (thus it was not a decline) or if I was using a debit card and it went into my overdraft and thus again it was paid and approved, meaning not a decline either.
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In my experience at least with (Bank Of America) if you have a recurring fee that normally debits your account and then fails...they charge you a $35.00 decline fee. Now...if you try and do that several times it can cost them over $100 bucks. You can only try to debit their account 3-4 times after removing them from your list.