I know the banking industry is full of bull, but I just learned this bit of it myself.

Yesterday I used my Debit Card to purchase something for $400.

I immediately realized that I gave the wrong card, so 2 minutes later, the merchant credited me back the $400.

The debit (charge) for $400 appeared on my account immediately... but I have to wait 3-5 business days for the credit to show up.

The manager at my bank tells me that this is an "industry standard".

What a CROCK!

My guess is that there are tens or even hundreds of thousands of people out there who were issued a credit to their credit or debit card... and in the 3-5 business days that it takes for the money to hit their account, SOMEONE is getting interest on that money.

Who in the world can someone complain to about this sort of ludicrous nonsense?