Bank Of America Causing Excessive Overdraft Fees Bank of America holds 'pending' transactions only to accrue highest fees possible Nationwide

Steve I have nothing futher to say to you!. Go find someone else to insult which Is no trouble for you. You put down everybody on this site.

You want people to listen to your advice here Is some advice quit insulting people. I don't care what you or anyone else think's of my spelling.

I am not your punching bag nor am I anyone else punching bag!. I am not just some person you can abuse & pick on! I am a human being to! not some piece of garbage you can abuse!.

But I am not going to kill myself over what some idiot say's to me online like some other innocent victim's killed themselves over online bullying.

Because It doesn't matter what people think!.

Charles [Anonymous-Alabama],

The reason Bank of America has the most complaints, is that they are the largest bank in the United States.

Second, you have mis-spelled many words here, contrary to your statement.
Should be "experience" and "customer", and banks, not bank's,

Now for everyone,

The posting order of transactions is totally irrelevant if you properly manage your account via a checkbook register, and do not "float" checks or other transactions.

It is a CHOICE to pay overdraft fees. I CHOOSE not to. And I do not pay them. Ever.


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Submitted: 8/24/2008 9:51:28 PM
Modified: 8/24/2008 10:48:14 PM Anonymous
Anonymous, Alabama
U.S.A.

Bank of america has more complaints then any other bank reported on this site
Bank of america has more consumer complaints on this site then all the other bank's reported to this site.

After my experince I can see how they can be that bad. It Is sad how they treat custormer's.

I needed to report my negative experince. Let me guess I am still going to get bashed for bad spelling & grammer. I have type no misspelled words.



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Bank of america has more consumer complaints on this site then all the other bank's reported to this site.

After my experince I can see how they can be that bad. It Is sad how they treat custormer's.

I needed to report my negative experince. Let me guess I am still going to get bashed for bad spelling & grammer. I have type no misspelled words.

The problem is not that overdraft fees are charged. The writer, as many others who has had a problem with this particular 'Bank', is saying that this Bank is shuffling around items that are already posted.

The example below are how this Bank operates. At the end of the day:
8/4 -$48.00 (pending) Balance $652.00
8/6 -$120.00 (pending) Balance $532.00
8/7 $100.00 deposited cash Balance $632.00
8/8 -$550.00 (pending) Balance $82.00

On the next day when you go into your account this is the order you see:
8/9 -$550.00 Balance $102.00
8/9 -$120.00 Balance -$82.00
8/9 -$48.00 Balance -$130.00
8/9 $100.00 Deposit Balance -$30.00
8/10 -$35.00 Overdraft Balance -$65.00
8/10 -$35.00 Overdraft Balance -$100.00
8/10 -$35.00 Overdraft Balance -$135.00

So this bank i s making $135.00 on you. Is this really right??? The account should be posted the way it came in and NOT held and shuffled around. Apply it as it comes, then if there is a problem it is on you. But right now there are a lot of people whom this is happening to and they are afraid to talk about it because of comments like the ones posted. Sometimes you must wear someoneelses shoes for a minute before making comments. Banks have always posted highest to smallest, YES, but now there is a blatent thievery with the way they are SHUFFLING the posting around. IT IS WRONG!!! and something should be done about it.

In your report you said:

"I recommend that either a class action suit is placed together to stop this practice or that consumers encourage congress to pass a bill requesting funds be withdrawn in order that they were taken out by the consumer. It of course would then be the consumers responsibilty to take care of any returned check. Also debit transactions would not be a problem because if the funds could not be immediatly verified they would not be taken out."


I can almost guarantee if the banks did this.....people like you would never see a day clear and free of an overdraft / NSF fee. If you were keeping your account balanced and not over spending it wouldnt matter how things were posted or put on hold. I seriously doubt these banks have a poorly lit windowless back room full of people just itching to rearrange your debits, checks and deposits in an effort to cause you all these nasty fees.

Take responsibility for what you're responsible for and this wont keep happening.