Area Man Loses Confidence in Bank of America
Posted by Josh Friedlander | 1 Comment
No, this isn’t an Onion article, though, yes, I am the area man. And I am suffering.
Bank of American has annoyed me for the last time, and now they will soon be losing me. Just how difficult is it to provide a functional money market account? I first signed up for one a year ago, and it promptly disappeared! No money was lost, but the account just –poof– was gone one day.
So I set up another account. I was assured I had a balance sufficient to not be charged anything extra. But they’ve been charging me $10 maintenance fees ever since impementing the account.
Each time, I’ve gone in an had the fees refunded. Finally, instead of figuring out why the computer was mischarging me, they told their system to provide an automatic refund, which as a procedure does not really appeal to my desire for rational solutions.
Now they are charging me a $5 fee citing “statement copy requested”! I’ve requested no such thing.
I’m taking my money somewhere else, BofA. Find another sucker.
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February 9th, 2006 @
Yes, I agree with you. Bank of America sucks. There fees are ridiculous and petty and their interest rates come asymtotically close to 0%. For instance when I openned a savings account I was informed that I would recieve 0.5% interest rate and the guy said this like I should be happy about it. WTF!
I think that it’s time for you to move your money to CitiBank where World’s elite go to get screwed. I would also open an ING savings account, since they have a much higher interest rate.