Bank of America

This is about Bank of America in general. Crooked to the core? The only reason I bank with them is convenience of locations. Read this article and see why. As accurate an analysis of B of A as can be done.

Came here looking to be treated like crap. Was not disappointed.

This review is for Bank of America Nationwide
The Bank of «Opportunity» (Which in small print means: The opportunity to suck you dry, screw you over and try to make you believe it’s for your own good.)
I have a teenager. She’s a good kid. She’s got a job. She works hard and is always on time. But she screwed up by a mere five dollars on her account. Yes, I lectured her. That seems to be all I do.
I could see on her online statement that she bought a Jamba Juice and something at Starbucks (each debit of about $ 3 each) when she had no money in her account.
So of course the bank started in with Non-​Sufficient Funds (NSF) fees.
Argh! I was so upset — with my daughter, yes! And with the BofA… hell yes!
Why? Shouldn’t my child learn responsibilty? You bet. But I’ll be damned if her hard earned money will get snatched up by the greedy claws of BofA.
See, once upon a time in the land of Common Sense — a place that sometimes seem to exist far off in an exotic, misty distance — B of A would not let a customer make a purchase with a debit card if there were not sufficient funds in the account. Yep, I learned a time or two about this myself. Forever running to cover my private account with my business account, I’ve screwed up before — and have had to return items while standing at a cash register.
Sure, it was pretty embarrassing when the old man behind me in line offered to pay for my sandwich… but… well, let me get to the present —
Today, after seeing my daughter’s account online, I walked into the bank with my kid. We sat down with the nice lady at the new accounts desk, and I explained:
«Look, she’s learning… and you know, B of A has this nasty habit of letting people use their debit cards even when there isn’t money in the account. It wasn’t always like that. I remember when the purchase would be rejected right there.»
Then the nice lady scowled and spoke to me as if I am a ninny. «B of A would rather not embarrass people, which is why we changed our policy.»
Now, if that scowling lady wasn’t replacing, via her computer, wads of cash into my daughter’s account, I would have said this:
«Give me a F***in’ Break! B of A doesn’t want to embarass the customers? Hot damn, that’s freaking hilarious! You mean to tell me we customers should be thanking the bank for this great convenience? My daughter should be thrilled she was charged a double digit fee for $ 3 Jamba Juice purchase? Whooo hooooo hooo! «
Instead, I kicked my daughter (as in, «Did you get a load of that horse sh*t?) under the table and later lectured her on their corporate greed and how she better damn well never let them get near her hard earned money again.
Anyway, here’s a message to Bank of America — if I were to stay at your Bank of «Opportunity,» please hand me a form that gives me the choice of how I’d like to use my debit card —
1) Let me get embarrassed when I have no funds
2) Suck me dry of my hard earned money
I would like the «Opportunity» to pick #1.
*My rant is backed up by an article in either the LA Daily News or LA Times I read recently, which was about how banks (and specifically BofA) have adopted this relatively new debit card fee that mostly affects teenagers and college students just learning how to handle finances. If I find the artilce, I will link to it.*
I didn’t find the article, but the link below explains that, basically, BofA is doing everything they can to screw us over