Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #149773

Complaint Review: Bank Of America - San Francisco California

  • Submitted:
  • Updated:
  • Reported By: palo alto California
  • Author Confirmed What's this?
  • Why?
  • Bank Of America 2325 Noriega Street San Francisco, California U.S.A.
  • Phone: 650-6154700
  • Web:
  • Category: Banks

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

I have used Bank of America for the past 15 years. I have often been unpleased with the organization, but I have so many direct deposits and withdrawals, I've always decided just to tough it out.

According to the mountains of junk mail I receive from BofA regularly, I am considered one of their most valuable customers -- blah, blah, blah.

So -- imagine my surprise today when I opened a notice from them (July 14) that, because of electronic debits that exceeded my July 7 balance by $31.77, they were automatically deducting an insufficient funds fee of $62 on July 8.

Hmmmmmmmmm -- I'm not a math whiz, but isn't that about a 200% charge?

And, didn't I read something in the papers in the recent past about banks being sued because outrageous overdraft charges?

Well, where do I sign up?

Nan
palo alto, California
U.S.A.

This report was posted on Ripoff Report on 07/14/2005 05:15 PM and is a permanent record located here: https://www.ripoffreport.com/reports/bank-of-america/san-francisco-california/bank-of-america-ripoff-64-insufficient-funds-fee-for-4300-overdraft-san-francisco-calif-149773. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Updates & Rebuttals

REBUTTALS & REPLIES:
0Author
4Consumer
0Employee/Owner

#4 Consumer Comment

More than one overdraft?

AUTHOR: Robert - (U.S.A.)

POSTED: Friday, July 15, 2005

So where's the rip-off.

You spent more than you have. Twice.

From the amount of the fee, it seems that you had more than one overdraft on July 7. If Wells Fargo charges that much for one overdraft, then it's time to move to another bank.

Respond to this report!
What's this?

#3 Consumer Comment

More than one overdraft?

AUTHOR: Robert - (U.S.A.)

POSTED: Friday, July 15, 2005

So where's the rip-off.

You spent more than you have. Twice.

From the amount of the fee, it seems that you had more than one overdraft on July 7. If Wells Fargo charges that much for one overdraft, then it's time to move to another bank.

Respond to this report!
What's this?

#2 Consumer Comment

More than one overdraft?

AUTHOR: Robert - (U.S.A.)

POSTED: Friday, July 15, 2005

So where's the rip-off.

You spent more than you have. Twice.

From the amount of the fee, it seems that you had more than one overdraft on July 7. If Wells Fargo charges that much for one overdraft, then it's time to move to another bank.

Respond to this report!
What's this?

#1 Consumer Comment

More than one overdraft?

AUTHOR: Robert - (U.S.A.)

POSTED: Friday, July 15, 2005

So where's the rip-off.

You spent more than you have. Twice.

From the amount of the fee, it seems that you had more than one overdraft on July 7. If Wells Fargo charges that much for one overdraft, then it's time to move to another bank.

Respond to this report!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now