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Bank of America Complaints - Late fees

Review all Bank of America complaints

Bank of America

Posted: 2008-08-10 by Romy200a [send email]
Late fees
Complaint Rating:  100 % with 1 votes
Company information:
Bank of America
Las Vegas, Nevada
United States
www.bankofamerica.com

I paid my credit card bill on saturday the 2nd. It was due on sunday the 3rd. I got hit with a late fee which then put me over the limit and and then the over the limit fee kicked in. That cost a total of 70.00 dollars for a bill that was paid on time. This is a pretty nice scam they have going here. Payments made on a weekend don't count but billing is ok. Ive never seen anything like this.The reason they get away with it is because the idiot senators and congress are asleep at the switch. Write to the senate and house banking committees as well as the Office of the Comptroller of the Currency and complain. Support term limits in the congress so we can get rid of the corrupt congressmen who sit on these committees. There is a word for this and it is called fraud.
Comments United States Banks
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Comments

97 days ago by Angela [send email]
Nice scam indeed.I just wonder how they can sleep at night knowing what they are doing.I have been charged 9 times this month I have had money in my account the whole time until they charged me the fees I went to my local bank for answers they couldnt give any.They did credit me back 140.00 and 105 .00 but they did it in a way that guess what I have another overdraft fee today... Nice work I am being robbed by a bank.
85 days ago by Janice [send email]
I have several credit cards with major companies. Bank of America is the ONLY one that does not post the payment the day it is posted on-line if the date falls on weekend. Has anyone seemed to notice that quite often the payment due dates fall on a weekend. This gives them the opportunity to collect a late fee and increase your interest rates! I can't imagine that a class action law suit hasn't taken place against them yet!! I'd like to get that ball rolling.

I have Discover, Chase and even Home Depot!! They all accept your payment the day it posts.
16 days ago by Chris [send email]
I can do you all one better. I made my payment online, at the BofA website, on the day it was due at 1pm Pacific time. They didn't credit until the following Monday, charging me not only a $39 late fee, but jacking up my APR to 27%!!. I have never, ever seen anything like this.

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