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Report: #1196437

Complaint Review: Bank Of America - Nationwide

  • Submitted:
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  • Reported By: America_RippedOff — California
  • Author Not Confirmed What's this?
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  • Bank Of America Nationwide USA

Bank Of America Health Savings Account (HSA), Bank of America Benefits Solutions WARNING Bank of America's Health Savings Account is a SCAM to Steal BILLIONS from Unsuspecting Americans' Health Benefits Accounts!!! Lehigh Valley, Pennsylvania Nationwide

*Consumer Comment: America_RippedOff,

*Consumer Comment: ***NATIONWIDE ALERT: IF YOU WANT TO...

*Consumer Comment: What the hell

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WARNING TO ANYONE OPENING A HEALTH SAVINGS ACCOUNT (HSA ACCOUNT)

Specifically a BANK OF AMERICA HEALTH SAVINGS ACCOUNT

 

BANK OF AMERICA IS ROBBING AND PLUNDERING THE HEALTH SAVINGS ACCOUNTS OF MILLIONS OF AMERICANS AS YOU ARE READING THIS, WITHOUT OUR KNOWLEDGE OR CONSENT. IN A MATTER OF MONTHS YOUR ACCOUNT WILL BE CLEANED OUT AND CLOSED WITHOUT ANY MONTHLY STATEMENTS OR NOTIFICATIONS OF ANY KIND!

HOW THE BOA HEALTH SCAM WORKS

When your employer signs you up with a Bank of America HSA Account, BOA happily informs you that ALL MAINTENANCE FEES ON THE ACCOUNT ARE WAIVED if you agree to go paperless. Once this happens, BOA quietly waits by until your employment ends. Then, without any notification they start stealing a $4.50 a month (plus varouis other "fees") indefinitely without your knowledge or consent, until your account is completely cleaned out by them! 

I Accidentally discovered this when I changed to a new employer and wanted to verify that my new HSA Account had been activated. (which happened to be also with the Bank of America HSA monopoly again).  

To my amazement, I found that not only was BOA stealing various fees from my Health account at least once per month,they happily continued to steal from my Health account even after I had been signed up again through them with another employer. Their reasoning of course is that your account with your former employer is a "separate account" from the account with your new employer regardless of the fact that they are ALL UNDER THE SAME ACCOUNT NUMBER WHICH IS YOUR SOCIAL SECURITY NUMBER!! 

ARE YOU F* KIDDING ME??

What is equally amazing here is that Bank of America conveniently doesn't mention anything about this because they forced you to agree to go PAPERLESS to avoid these outrageous fees in the first place, so you don't get ANY statements, NOT EVEN E-MAIL NOTIFICATIONS to inform you that your Health account is quickly and quietly being robbed by BOA.  

Most people will not realize they have been robbed until their account gets first completly emptied and they have their next doctor,hospital or pharmacy visit and realize their HSA card has been rejected! And of course the elderly will certainly have their health accounts completely cleaned by Bank of Amercia out if they die or are suffering from serious health issues. Another BONUS for the crooks at Bank Of America and Wall Street!

IT GETS EVEN MORE INTERESTING

Naturally I called the crookery called "Bank Of America Health Benefits Solutions" for an explanation, and they happily informed me that this is what happens when your employment ends for any reason (your health savings get robbed by Bank of America). Ok So they have $Billions of your Health money sitting in accounts which BOA is making profit from, through credit extensions and investments, and that isn't enough for them. So after profiting from your account, they continue to steal your emergency Health funds while you are not looking, in addition to the interest in investment incoming they have coming on the side from your health savings money.  

After informing me that half my money has so far been stolen, they inform me that they can gladly release the leftovers...for ANOTHER $25 CLOSURE FEE!  WHAT THE F*???

 THIS IS YET ANOTHER WALL STREET GRAND THEFT OF THE WORST KIND PEOPLE!  THIS IS NOT YOUR STOCK ACCOUNT OR YOUR BANK ACCOUNT. THIS IS YOUR HEALTH SAVINGS ACCOUNT WHICH INDIVIDUALS, FAMILIES AND ELDERLY PEOPLE USE TO PAY FOR EMERGENCY ROOM VISITS, DOCTORS AND PRESCRIPTION DRUGS. THIS IS WHAT BOA IS GOING AFTER NOW! 

The whole reason we open HSA accounts is to avoid taxes on our medical expenses, not to have these accounts robbed by BOA.

Don't let them get away with it, people! Check your accounts, immeidatly move your money away from these crooks before they start stealing it from behind your backs and NOTIFY THE WHITE HOUSE and MEDIA about this blatent ongoing act of theft!

There is no limit to how low these parasites will go. Give their FAT AS*ES a run for their money and scream blooddy murder! 

This report was posted on Ripoff Report on 12/18/2014 09:34 PM and is a permanent record located here: https://www.ripoffreport.com/reports/bank-of-america/nationwide/bank-of-america-health-savings-account-hsa-bank-of-america-benefits-solutions-warning-1196437. 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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#3 Consumer Comment

America_RippedOff,

AUTHOR: Karl - ()

POSTED: Friday, January 16, 2015

I believe that your Ripoff Report should be mailed to Dateline NBC and to 60 Minutes in New York and put to the attention of 'Investigative Reporter'. Both addresses are available at this site. Just type in 271771 and scroll all the way down to the first consumer comment at Ripoff Report #271771.

You can also send copies of your Ripoff Report to FRONTLINE and to Democracy Now! Their addresses are also available at this site. Just type in 555030 and scroll down to the consumer comment that was submitted on August 27, 2012 at Ripoff Report #555030.

P.S. The address to the White House is also available at this site. It appears at the beginning of Ripoff Report #1088808. Good luck to you!

POWER TO THE PEOPLE

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#2 Consumer Comment

***NATIONWIDE ALERT: IF YOU WANT TO...

AUTHOR: Karl - ()

POSTED: Friday, January 16, 2015

notify the White House about what is taking place in regards to what was stated in this Ripoff Report, simply type in 1088808 and the address to the White House appears at the beginning of Ripoff Report #1088808. Thank you.

POWER TO THE PEOPLE

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#1 Consumer Comment

What the hell

AUTHOR: Stacey - ()

POSTED: Thursday, December 18, 2014

Are you ranting about??? Your report makes no sense!!!!

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