Checking or savings account -- Closing an account -- Complaint #4950111

Complaint Overview

Complaint ID: 4950111

Company: E*Trade Bank

Product: Checking or savings account

Sub-Product: Checking account

Issue: Closing an account

Sub-Issue: Can't close your account

State: Florida

ZIP Code: 33139

Date Received: 2021-11-26T12:00:00-05:00

Date Sent to Company: 2021-11-26T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I had a few charges from XXXX on my ATM and Etrade put a block on my checking account. I called them to let them know that I made those charges and that they were not fraudulent after I received an email that my account had been blocked. I have spent literally XXXX hours on the phone with them today and they never resolve my problem. When I asked for the account to be closed, once they said it couldn't be closed at this time ad XXXX other times they just hung up on me. I have literally waited on hold for an hour at a time, without any resolution. I have asked to speak with a supervisor numerous times and none was provided. They are sitting on my {$8000.00} without me having any access to my funds or without any resolution. I have done business with Etrade, for XXXX years.

Frequently Asked Questions

What is Complaint #4950111 about?

Complaint #4950111 was filed against E*Trade Bank regarding Checking or savings account specifically about Closing an account. It was received by the CFPB on 2021-11-26T12:00:00-05:00.

How did E*Trade Bank respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against E*Trade Bank?

Yes, visit the E*Trade Bank company profile at readthecomplaint.com/company/e-trade-bank to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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