Complaint / Review
Bank Of America
Ten Overdraft Charges in Two Days Despite Negative Balance

10 overdraft charges in 2 days! Bank of America still approved several transactions although my balance was considerably negative. Bank of America just made $350.00 instantly.
It's magic! And clearly consumer fraud.
In addition to the overdraft fees generated by BOA's authorizations to transactions, the method of placing high to low transactions will also generate overdraft fees, even if the low transaction occurred 2 days before the high. BOA will place the higher transaction first thus generating more overdraft fees.
Surely this is unacceptable and I will gladly join in on any class action lawsuits that are being filed.