Bank of America has worked out many techniques to pry the $ from their customers.
10 overdraft fees in one day amounting to $350 is possible.
They pay from highest amount to lowest to maximize the overdraft fees they charge while explaining to their customers that this practice is in their best interest.
The latest technique BA uses involves ATM deposits. Any deposit via the ATM that is less than $100 they will make available right away. They also make another $100 available as "pending". This allows their customers to think (mistakingly) that they have more money then they thought. The Customer then uses the debit card for another purchase. The next day the customer discovers as many as 10 overdraft fees the next day.
Bank of America has brain-storming sessions at the management level to develop new techniques to pry the $ from they customers while making the customer feel that they deserve it.
I know all this because my wife works for BA and has for the past 30 years.
Bank of America is the last bank to do business with.
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