Bank of America
$35 Overdraft Fee on $6.38 Purchase Because Larger Item Cleared First

I have a checking account with this bank and sometimes have a small balance before my paycheck is automatically deposited. This week, I was charges an overdraft fee of $35.00 for a $6.38 check card transaction even though my balance was more than the transaction. Another check was coming through their system at the same time as the $6.38. Rather than pay the $6.38, they took the larger amount knowing full well that by doing this, both transactions would bounce. I contacted the bank via internet and the lady said that "they had found that their customers would prefer the larger items to clear first". This is absolute crap and not a policy. It is merely what "they have discovered". This bank will rip you off! Do not bank with them! They are the worst bank ever!

Company: Bank of America
Country: USA
State: North Carolina

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