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Ripoff Report | Bank Of America Review - Nationwide - Bank of america
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Report: #453923

Complaint Review: Bank Of America - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Perris California
  • Author Confirmed What's this?
  • Why?
  • Bank Of America Perris, Ca. (Riverside County) Nationwide U.S.A.
  • Phone:
  • Web:
  • Category: Banks

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Bank of America does indeed charge excessively high overdraft fees, of up to $35 per occurrence, and that mean each and every one. For example: my account went over $1.09 last week and bam! $35 overdraft fee. This can run into the hundreds if your not careful. As soon as I'm able, I'll deposit their required $300 into a checking reserve account so that this is no longer a possibility, unless I overdraw my account by $301. :(

Webdetective
Perris, California
U.S.A.

This report was posted on Ripoff Report on 05/20/2009 10:39 PM and is a permanent record located here: https://www.ripoffreport.com/reports/bank-of-america/nationwide/bank-of-america-does-charge-excessively-high-overdraft-fees-perris-california-453923. 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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#2 Consumer Comment

What is "excessively high"?

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

POSTED: Thursday, May 21, 2009

BofA charges exactly the amount that they told you they would on the agreement you got when you opened the account. Most other banks charge similar fees.

If you keep an accurate record of your spending and deposits in a check register, it won't matter if the fee is $500 per overdraft, because you'll never have to pay it.

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#1 Consumer Comment

Webdetective, 'Google' this- INSIDE THE MELTDOWN, and watch it!!!!

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

POSTED: Thursday, May 21, 2009

It was a 'Frontline' special that aired on PBS in February.

SPREAD IT ALL OVER THE WEB!

Thank you.

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