I check my bank account on a regular basis and have found bank of America the biggest rip off out there. They charge you $35.00 for every transaction that goes over your account and then lets it pile on. This morning, I found out that I was already in the hole by $70.00 in over draft fees.
I checked my account last night and had money in it. Then the "transactions" took place later that night. When I checked my account this afternoon, I was over drawn by $14.00 so I put $30.00 in there from my savings. I called the customer service number and the idiot on the other end of the line explains to me that I have 2 pending over draft fees coming through tonight for $70.00 and that if I don't put more money in the account, then I'll be hit with another fee (that would bring me to $105.00 in fee's for going over by $14.00). I asked why then was I able to use my debit card at 7-11 earlier this morning and he explained to me that Bank Of America will let you overdraft up to $25.00 but each transaction leading up to that -$25.00 allowance will incur a $35.00 fee.
Are you kidding me? This is what the end result of allowing banks to get this big is. They turn into companies that rip people off. Look, I didn't take care of my money and I should pay a penalty. Fine, I should repay the -$14.00 and maybe a $35.00 over draft fee but seriously, $105.00 for going $14.00 in the hole.
Do you all know that Bank of America Charges you if you move funds from your savings account more than 3 times a month? Yea, they charge YOU for moving YOUR money. Sham.
Let bank of America dwindle down to nothing and collapse. Serves em right. I have to be reminded once in a while, exactly who is it that bailed these idiots out with billions of dollars? Oh yeah, us, the common folk.
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