I'm sure a lot of you have already been hit with bank of america's crazy overdraft fees. Charging you for every little thing that they can. Not having any kind of cap on their charges either. I had a client bounce a check and BofA charged me over $800 in bank fees. $35 for every 1.25 purchase that went overdrawn.
If you call in, they just tell you sorry, would you like to apply for overdraft protection? More $ in the giants pocket. Now they have overdraft fees for the overdraft fees. I logged in to check my dwindling balance as the economy sucks right now, and there was an extended overdraft charge for being overdraft more than a few days. Can you believe that? An overdraft for the overdraft? One word comes to my mind. EXTORTION!
Bank of america is performing "legal" extortion on anyone who keeps a low balance in their account. They will not budge on any fees and could really give a crap about the people, their clients having a hard time. I would love to switch banks, but a majority of my customers all bank with BofA. So if i switch it would take days to cash my checks.
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