Usacomplaints.com » Business & Finance » Complaint / Review: Bank Of America - Overdraft Fees Haunt ripoff customer with overdraft fees tricks. #127011

Complaint / Review
Bank Of America
Overdraft Fees Haunt ripoff customer with overdraft fees tricks

Bank of America
1.800.933.6262

They do not post their email on their website. Bankofamerica.com

Bank of America will steal your money, don't do business with them if you do not want to be robbed, they do not deserve to be called Bank of America. Here's what they do to make sure they steal the most money out of you:

Let's say you have $500 in your account, the whole day you shop and you used your card for small amounts during the day, and AFTERWARDS had an emergency and had to make a $400 withdrawal, you figured you had made about fifteen earlier purchases for less than $10 and you know you will go overdraft if you take out the $400 but it's an emergency and you are willing to give them the $30 overdraft fee, well it turns out than when you check your account the next day they have lined up all your withdrawals from largest to smallest even though they didn't occur in that order so instead of one $30 overdraft fee for the $400 you will have 15 $30 overdraft fee and little you can do since it will be taken out automatically form your next paycheck as you surely have direct deposit like most people, this happened to me several times I emailed asking how come they charge everything form larger to smaller despite that the smaller amounts occurred first in the day, they replied with a moronic answer saying "Oh most people need to get their car payments and mortgage payments through and they are the larger ones so we want to make sure they don't go late bla bla bla" the guy pretty much assumed I was an idiot or something cause if they have "overdraft protection" it means that all payments/checks will be disbursed no matter what, so plainly they just want to maximize how many times they can charge you overdraft fees. I closed my account after realizing they had taken more than $600 in overdraft fees. Hopefully you avoid this by not opening an account with them or closing yours.

Hope someone can help to stop them


Offender: Bank Of America

Country: USA   State: North Carolina   City: Charlote
Site:

Category: Business & Finance

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