Hello,
If you are reading this, it mean you are being scam or even been ripoff by bank of America.
First off let me give a few words to those who are defending BOA.
You are defending BOA A: because you never experience what ripoff is like. Even if you did. It was like this. Hundreds or even thousands of dollars is involved.
B: you are currently employed or ex-employed by BOA.
I am assuming this have never happen to you before. I hope it will never happen to you in the future. But for most people life isn't that easy. Especially when you need every single pennies. Life is hard for the poor people already. We don't need this.
BOA isn't very friendly and caring as they should. But thats how business are. I bet BOA is hired by jackass and jerks who don't give a crap about people. This is America after all right? It's all about the money.
If you happen to work at BOA don't take my words so seriously. If you take it serious it because you are one of the people that work at BOA I am referring too.
Most of the time employee who work at costumer service can't or don't know what they are doing. So a manager or higher rank employee AKA jackass will tell them what to say and do. Guess what they will do? They will give u a middle finger and screw you good. What can we do about it? Nothing, I guess thats what they think.
The way how BOA will screw you over with overdraft fee is. They set their system to withdraw balance at night. They will collect the big bills first and then
go with the multi-small charge and hopefully catch you on overdraft. Now all this multi small charge can really add up.
Fours charge will consider 140$ right there. Now what I am wondering is when you use your debit cards. Doesn't it withdrawn the money right then and there? If the answer was"No". How would the store I purchase on allow me to buy something, knowing I have money or not? This system BOA is doing is to easily
make money on overdraft. They know it too.
Lets say you have a auto ACH/ETF (E-check that withdrawn automatically) bills that withdrawn your money monthly. It happens to be on the day you have 300$ in the bank and the ACH/ETF bills is 300$. Assuming the ACH/ETF bills is random charge on each month. You didn't have time to look online to know if this transaction was pending.
During that day you spend close to 200$. You didn't have 1 charge of the total amount 200$ but lets say you have 10 total charge each total up to 200$. At the end of the night the pending transaction kick in. Now what? BOA will then deduct the large bills first. That is your 300$ ACH/ETF car bills payment.
Now your 200$ short they will then charge you for all 10 charge you spend that was total 200$ now you're at -200$ plus the 35$ fee for each additional charge you use that day, 10x 35 =350 200 your in the -550$. When you see this doesn't it make your blood boil?
In all cases BOA don't use the rule what charge first is serve first. They will use only the large bills first and then go down to the little bills.
Most important thing, and you must realize this already. Never ever trust only real time status of your account or even in your cards at the ATM's.
Most of the time Online banking is inaccurate. This is misleading and cause you hundreds or even thousand of dollars in over draft fees.
Everyone who been ripoff or scammed by BOA. We need a website and if we get large enough complaint. We can make BOA pay for their scam
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