If you’re looking for a letter to get overdraft fees refunded, I’ll show you how I reclaimed over $500 in bank fees and overdraft fees with a simple letter – and you can, too!

Here’s how it works…

Get unfair overdraft fees refunded with a “magic letter”

Instead of calling or going into a branch, I wrote a “goodwill letter” addressed to my local branch manager.

I asked her to kindly waive all the fees because:

  • I’m a loyal customer
  • I’m good with managing my money
  • And I’ve referred people to them (this one’s important!)

I explained…

“I understand policies exist for a reason, but because of my good track record (and referrals), can I count on you to help me just this one time with this frustrating issue?”

The referral angle gave me leverage, because banks are nuts about getting new customers.  Think about it…  How many times have you gotten coupons in the mail from banks begging to give you $50, $100, or more – to open an account with them!

Also – framing my request as a small favor made me seem like a nice, reasonable person.

I closed explaining:

“When you help me with this small (but frustrating) issue, you’ll profit from my business (and future referrals) for years to come.  In fact, I’m buying a new car within the next year and would like to finance through you when the time comes. If you can’t help me with this issue, I understand…   However, I’ll probably take my business elsewhere (and encourage my friends and family to do the same.)”

Can you see how powerful this strategy is?

Why this overdraft fee letter is so effective…

It’s too easy to get emotional over the phone or in person.  And most people end up saying the wrong things, anyway.

No matter how right you are, if you’re rude, you can kiss your good reputation with your bank goodbye.  Banks keep notes!

This letter gives them compelling reasons to help you – not complaints or a sob story.

Truth be told, most tellers and bankers can’t waive fees without managerial approval.  The person reading your letter, however, can!

After you write it, address it to the branch manager of a local branch, (find out their name, first!) and send it certified mail with a return receipt.  This makes your letter (and you) seem important – sending it to the top of the mail pile.

What if they ignore your letter?

Send another one!

This time, put “Second Notice: Your Immediate Response is Appreciated” at the top.  Bank managers respond to urgency, just like you.

Explain you’re disappointed you haven’t heard back from them, given your pleasant experiences before.

Restate what happened and ask again for your money back “this one time”.

This method doesn’t work all the time, but it does most of the time.

Be vigilant about reclaiming bank fees – it’s your money!

If it takes ten minutes to write a letter to get a $35 overdraft or overlimit fee back, it’s worth it!

After my success reclaiming fees from the bank, I used this simple method to get credit card fees reversed, too!

I combed through my credit card statements looking for unfair fees (overlimit fees, late fees, etc.) and fired off similar letters to them as well.  And – lo and behold – I got even more money back.

This strategy is so powerful, it’s sad most people don’t use it to it’s fullest poential.

You worked hard for your money, so you should work at least half as hard to get it back!

Want a bank account that actually pays you money?

If you’re tired of paying fees out the nose just to use your bank account, maybe it’s time to fire your bank for good!

You won’t miss them after you discover PerkStreet financial.  Here’s why…

PerkStreet financial pays you 1% to 5% cash back on every debit card purchase you make.  In fact, the typical American family can get over $600 in cash back every year!

Plus, PerkStreet has the largest network of free ATM’s which means you can avoid paying those pesky ATM fees every time you need money.

They’re can afford to pay you 1% to 5% cash back because they don’t have brick-and-mortar stores (and the sky-high costs that go along with them).  They pass their savings onto you with more money in your pocket.

You can deposit money in your PerkStreet online checking account by setting up direct deposit, sending your deposits by mail or UPS (free overnight delivery available) or transferring money from an existing checking account.

PerkStreet might not be for everyone, but if you like the idea of earning 1% to 5% cash back on every debit card purchase you make, it could be for you.  You can also use your PerkStreet account in conjunction with a regular bank account, and transfer money between them as you please.

You can setup your PerkStreet account online in minutes and finally enjoy having a checking account that rewards you!

Click here now to learn how you can get 1%-5% Cash Back
with PerkStreet’s Online Checking Account…



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