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Reviewed by Jim Bennet

Jul 27th 2009

 

(0.1 out of 5 stars)

Discover Bank Broken

I deposited $100,000 into my Discover Money Market account. I had them electronicly draft the money out of my checking account at my local bank. I think they call it an ACH debit. The money cleared my account at my local bank and Discover deposited the money in to my account. About 5 days later Discover reversed the 100k deposit and debit my Money Market account. When I called in the representative was a little confused and said the memos show they never got the 100k. I have now called several times and even sent a bank statement showing they took the money out of my local bank account. It is has now been over 3 weeks since I made that deposit and they still have not put the money into Money Market account. I am getting very concerned about by 100k and am considering hiring a lawyer at this point. Stay away from Discover Bank!!!

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