I have a Bank Of America Credit Card. I make cash payments at the banking facility. My payment was due Sunday. I made a cash payment on Friday. Next I noticed a Late Fee!
I went to the bank and I waited 20 minutes to talk to one of the bank managers. I told them that Friday comes before Sunday in most of the World. They told me that payments must be made before 2:00 P.M. The preceeding day.
I noticed that they are postdating the deposit slip.
14:25 on the 5th is noted as 14:25 on the 6th!!!
I suppose that cash must have time to go through their
system to post. I really think they have gone to extraordinary steps to boost their profit margins at the expense of customers.
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