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Bank of America Complaints

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Bank of America - Iowa, Algona

Posted: 2008-03-27 by RhM [send email]
Canceling home equity line of credit!
Complaint Rating:  0 % with 0 votes
Last year, after remodeling our home, we were appraised by BofA and they approved a home equity line of credit based on the valuation of our home. Two days ago, we received a letter stating that our line of credit was canceled. The bank has randomly devalued our home by 67% based on a 'desktop...
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: 2007-11-06 by S. Anderson [send email]
Overdraft rip off
Complaint Rating:  100 % with 3 votes
Bank of America - www.bankofamerica.com

I've been ripped off by Bank of America charging my checking account overdraft fees several times. It is terrible how they can get away with charging these fees with no recourse from the consumer. My most recent story goes like this:...
Comments United States Banks

Bank of America

Posted: 2007-06-22 by Gina Reynolds [send email]
They are horrific!
Complaint Rating:  100 % with 6 votes
On april 13, 2007, an employee at bank of america keyed in a charge on my credit card account. The charge was for $272.00. The employee entered the transaction number (9057) instead of the dollar amount of the charge. That translated to a charge on my credit card of $9,057.00!!

As...
Comments United States Banks

Bank of America

Posted: 2006-11-27 by andrew loebl [send email]
Bank of America is too big for its own britches!
Complaint Rating:  100 % with 2 votes
Apparently MBNA was purchased by Bank of America. Those of us who had credit cards with MBNA seem to be having a lot of trouble accessing their statements on line. The web address: ibsnetaccess.com just does not work, no downloads. just a plain white page. I had two MBNA accounts, one...
Comments United States Business & Finances

Bank of America - Tennessee

Posted: 2008-10-13 by C Smith [send email]
they closed my accounts without notice
Complaint Rating:  0 % with 0 votes
I called Bank of America to ask if I could lower my interest rates on my cards only to be told that 24.99% is a good rate and the only way to get a better one is to be a new customer. What? That's ridiculous! Two days later I called to see what my balance was only to find out that my cards...
Comments United States Credit Cards

Bank of America - Oklahoma, Yukon

Posted: 2008-10-10 by aaron [send email]
thieves thieves thieves
Complaint Rating:  100 % with 2 votes
bank of America is worst bank in the country. they are thieves. all they do is try to rework your transactions in a way that will send your account into overdraft. this practice is very criminal and its about time something is done about it. they charge $35 for an overdraft of $0.56. this is...
Comments United States Banks

Bank of America

Posted: 2008-10-06 by bigdog [send email]
BofA closed all of my accounts
Complaint Rating:  100 % with 1 votes
Recently my wife called Bank of America to see if we could lower our interest rate on our account. She mentioned that she just went on disability and wanted to see if we could get our rate lowered since we have been a customer for 10 years with them.

Once she mentioned disability...
Comments United States Credit Cards

Bank of America - Massachusetts, New Bedford

Posted: 2008-09-29 by Gina Rice [send email]
Overcharged
Complaint Rating:  0 % with 0 votes
Bank of America posts transactions largest to smallest. Not in the order by the date the transactions occurred. We had made a few transactions on Saturday night and on Wednesday we accidentally made an atm withdrawal that overdrafted our account by $3. Ok fine, we would get a $35 fee. Wrong!...
Comments United States Banks
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