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Bank of America Complaints

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Bank of America

Posted: 2006-10-20 by Boyd [send email]
Bank of America is the very worst one to deal with
Complaint Rating:  100 % with 5 votes
Bank of America promised me a settlement on my account. The account was mishandled and they never even came close to settleing with me as PROMISED. Everything they told me never happened and was a complete lie. I have worked with several Credit Card companies, but BANK OF AMERICA IS THE VERY...
Comments United States Banks

Bank of America

Posted: 2008-03-19 by Michael [send email]
Steals consumer's money with "hidden" overdrafts charges
Complaint Rating:  90 % with 10 votes
A new policy. A manipulation of your funds.

Bank of America, apparently developed a new policy that will basically steal your money whenever they are short of funds. Complete bogus. Ive had other banking institutions and have friends who are Managers of banks, and have never...
Comments United States Banks

Bank of America

Posted: 2007-11-29 by Steven Dyer [send email]
Theft of funds!
Complaint Rating:  100 % with 13 votes
The Bank of America is making new headway in the area of ripping off its' customers. Not only do they purposely clear and post deposits and withdrawals in a manner to overdraw your account they do it in a fashion to specifically charge the most in fee. This has happened to me on several...
Comments United States Banks

Bank of America

Posted: 2008-05-14 by Debbi [send email]
Robbing folks with NSF fees!
Complaint Rating:  100 % with 2 votes
Bank of America is in the business of robbing people. Their rules constantly change to benefit their pockets and there is no consistency from one rep to another. In the past year, they have managed to rob me of over $900 of my hard earned money. I only know this figure because it was thrown...
Comments United States Banks

Bank of America

Posted: 2007-03-07 by Allen Wood [send email]
Unauthorized withdrawal of funds from my checking account
Complaint Rating:  100 % with 6 votes
On the 15th of February, I logged on to my Bank of America (hereafter referred to as BoA) net account to verify my payment for the month. Funds are automatically withdrawn on the 17th of each month for a predetermined amount. BoA was having some sort of "We Love Our Customers" promotion...
Comments United States Banks

Bank of America

Posted: 2007-02-10 by Nick Gonciulea [send email]
Illegal charges!
Complaint Rating:  100 % with 4 votes
I had a no annual fee credit card from Bank of America, but I haven't been using it since 2001. I have not received any new cards to be activated, and no mail or phone calls of any kind related to my credit card account from Bank of America since 2001. My balance was $0 every month in 2002,...
Comments United States Banks

Bank of America

Posted: 2008-07-20 by Dom [send email]
Over Draft charges
Complaint Rating:  0 % with 0 votes
When you do an over draft Bank of American will reshuffle all the amount for the last 3 days by largest to the smallest, not by date. Then this will empty your acount quicker. I got 5 $35 overdraft charges all of the items were done the day before I the one I should have been charged for. On...
Comments United States Banks

Bank of America - California, Chico

Posted: 2008-03-22 by dan bryson [send email]
Hold on equity account!
Complaint Rating:  100 % with 2 votes
Bank of America has just put a hold on my home equity line of credit account without notifying me. My credit score remains a solid 700-plus with no recent changes. My payment history is absolutely perfect. I have never had a late or missed payment on anything my entire life. I have been doing...
Comments United States Banks

Bank of America

Posted: 2007-12-23 by Alita Hawksworth [send email]
Terrible experience!
Complaint Rating:  0 % with 0 votes
I had opened a Bank of America credit card with an APR of 13.99%. In April 2007, the APR had increased to 27.99%. When I called to find out why, they told me that because I had been making minimum payments, the increased my APR. What kind of logic is that??!? By increasing the APR, they...
Comments United States Banks

Bank of America

Posted: 2007-06-26 by Otto Schweigenthaler [send email]
Overdraft fees charged to accounts with positive balances
Complaint Rating:  100 % with 3 votes
Copy of letter to OCC:

Bank of America charges overdraft fees on accounts with a positive balance by debiting them when checks are issued via online banking rather than when they are cashed.

A check for $4,400 was inadvertently sent from the wrong account with...
Comments United States Banks
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