Complaint Review: Bank Of America - BofA - Internet
- Bank Of America - BofA Internet United States of America
- Phone:
- Web: https://www.bankofamerica.com/index...
- Category:
Bank Of America - BofA Misleading online transaction records, items shown as "pending" magically post the day prior on later statements Internet
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On February 4th, I checked my checking account activity online, and it showed several pending transactions on that day. I deposited a BofA check into the account to cover the amount and thought that would be that. I worked as a teller a few years back, and I knew that a credit should post before a pending debit.
The next day (Feb 5th) I see that several of the transactions that were pending on the fourth had somehow managed to post on the third. My deposit posted on the fourth as expected, but I had already been charged 4 overdraft fees.
Surely many people must have noticed this little trick. It's deceitful and obviously designed to screw the account holder out as much money as they can. I will be closing my account ASAP and taking part in the class-action lawsuit against BofA for their overdraft policies.
This report was posted on Ripoff Report on 02/05/2010 12:34 PM and is a permanent record located here: https://www.ripoffreport.com/reports/bank-of-america-bofa/internet/bank-of-america-bofa-misleading-online-transaction-records-items-shown-as-pending-m-564998. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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