Complaint / Review
Bank Of America
Ripoff! Received TWO overdraft fees in ONE day, now say I owe them money!

A few months ago, I had purchased a domain online and was accidentely charged twice for it. The domain costs $12 each and I had $22 in the bank. Because of the second charge, my account was now overdrawn. Not Bank of America's fault, ok. So I put in $30 into my account, to cover the standard $25 overdraft fee and the money that was overdrawn. It SHOULD have been plenty.

I come to find a few days later that my account was overdrawn $166.35. When I looked at the online banking, I saw that on September 25th, I was charged TWO overdraft fees and that was the cause of the second overdraft. How Bank of America works is every day your account is overdrawn, they take an additional $25 from your bank account. So a week had gone by and now it was -$166.35 instead of what it should have been, around $3.00.

I then receive a letter from Bank of America telling me to simply deposit the money into my account and everything would be OKAY. Well I refuse to pay that at all. (In fact, THEY owe ME money because there WAS money in my account.) I read further into the letter, and it says refusal to pay the ammount will cause my account to close and make it harder for me to be able to get another account.

So after I read the letter, I decided to call them. After waiting on hold for what seemed like forever, I finally spoke to a representative and told her my story. She said as far as she knew, that my balance had to be paid, no exceptions. I asked to speak with a supervisior, which I did, who said the same exact thing. So I told her to put on her little computer that I refuse to pay it and any calls to my home will not be answered. I get a bank statement a few days later saying my account had been closed. Okay.

Now yesterday, I get a letter from NCO Financial Systems Inc saying that further action will be taken.

My advise is to stay away from Bank of America. Obviously, I'm not the only one with these problems. There are plenty of stories on here that will prove so indeed.in fact, my mother just switched banks due to Bank of America's service, or the lack of.

I plan on fighting this 'debt' for a while until it is settled. I am not to blame for this 'debt' and Bank of America is.