Comments on: Bank Of America: Watch Out For Random Fees http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/?utm_source=rss&utm_medium=rss&utm_campaign=bank-of-america-watch-out-for-random-fees ...it's about the quality of life! Sat, 11 Feb 2012 19:18:27 +0000 hourly 1 By: David G. http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-1903 David G. Fri, 11 Dec 2009 19:49:40 +0000 http://www.eyeonannapolis.net/?p=792#comment-1903 BoA charges me 2000% interest, man am I a sucker. I have a 59 cent charge at a special promotion rate on my card in addition to the normal charges. For some reason BoA calculates interest for it seperate than the others. Every month there is a $1.00 finance charge on that 59 cent balance which is their "official" minimum charge. They won't leave me pay off that 59 cents until the entire card is paid off. So $12 a year on 59 cents is over 2000%. BoA charges me 2000% interest, man am I a sucker. I have a 59 cent charge at a special promotion rate on my card in addition to the normal charges. For some reason BoA calculates interest for it seperate than the others. Every month there is a $1.00 finance charge on that 59 cent balance which is their “official” minimum charge. They won’t leave me pay off that 59 cents until the entire card is paid off. So $12 a year on 59 cents is over 2000%.

]]> By: henry bob http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-1847 henry bob Tue, 01 Dec 2009 21:33:32 +0000 http://www.eyeonannapolis.net/?p=792#comment-1847 i was writing a check ad they charge me 70 so i called and they told me they couldnt do nothing so i told fuck u guys bunch of fuckin theifs i was writing a check ad they charge me 70 so i called and they told me they couldnt do nothing so i told {Hey, would you kiss your mother with that mouth?} u guys bunch of {Hey, would you kiss your mother with that mouth?}in theifs

]]> By: Bank Of America And Predatory Lending | Eye On Annapolis http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-1478 Bank Of America And Predatory Lending | Eye On Annapolis Wed, 21 Oct 2009 16:19:11 +0000 http://www.eyeonannapolis.net/?p=792#comment-1478 [...] of the most popular articles at Eye On Annapolis was the one on the outrageous fees imposed by Bank of America. Well it seems they are at it again with a [...] [...] of the most popular articles at Eye On Annapolis was the one on the outrageous fees imposed by Bank of America. Well it seems they are at it again with a [...]

]]> By: Top Ten On Eye On Annapolis | Eye On Annapolis http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-1371 Top Ten On Eye On Annapolis | Eye On Annapolis Sun, 11 Oct 2009 19:52:21 +0000 http://www.eyeonannapolis.net/?p=792#comment-1371 [...] 6. Bank Of America Fees Really Out Of Control [...] [...] 6. Bank Of America Fees Really Out Of Control [...]

]]> By: Teri http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-1311 Teri Fri, 18 Sep 2009 21:43:43 +0000 http://www.eyeonannapolis.net/?p=792#comment-1311 Obviously some of the people who have responded have not been hit by the $4 a loaf bread economy we are living in and have money to spare. Most of us don't have a money tree in the back yard, go long periods without food and medicine, and no one told us the rules had changed. You can't even get them to explain what they are because they have no logic other than profit. Obviously some of the people who have responded have not been hit by the $4 a loaf bread economy we are living in and have money to spare. Most of us don’t have a money tree in the back yard, go long periods without food and medicine, and no one told us the rules had changed. You can’t even get them to explain what they are because they have no logic other than profit.

]]> By: Teri http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-1310 Teri Fri, 18 Sep 2009 21:36:19 +0000 http://www.eyeonannapolis.net/?p=792#comment-1310 Five over draft fees, that is. They let me by with two checks. Five over draft fees, that is. They let me by with two checks.

]]> By: Teri http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-1309 Teri Fri, 18 Sep 2009 21:34:47 +0000 http://www.eyeonannapolis.net/?p=792#comment-1309 BOA has gotten me for $490 in the past few months with this. 7 debits from my acct. on the 14th (with my auto deposited paycheck of over $1700 sitting there being held "pending"). 6 clear, and the last one brought it to negative 85 cents. I get charged with 7 overdraft fees at a tune of $175? The hitch? If you can figure the system out you can go "behind" and by clicking on the overdraft fee to get to "how did this happen" [my guess they have had this questioned before at the tune of a class action thus far] it shows that some weird invisible "hold" was on there for $59 because I used my debit card at a restaraunt, and they ran it as a credit. Didn't even clear until the next day, and wasn't even the right amount. None of this shows on my statement online. Statement shows six cleared debits with positive balance and the last one leaving a whopping negative 85 cents balance. I thought my paycheck was credited the night of the 14th so available to me on the 15th. NOT! BOA has it figured down to maximum way to steal your money. BOA has gotten me for $490 in the past few months with this. 7 debits from my acct. on the 14th (with my auto deposited paycheck of over $1700 sitting there being held “pending”). 6 clear, and the last one brought it to negative 85 cents. I get charged with 7 overdraft fees at a tune of $175? The hitch? If you can figure the system out you can go “behind” and by clicking on the overdraft fee to get to “how did this happen” [my guess they have had this questioned before at the tune of a class action thus far] it shows that some weird invisible “hold” was on there for $59 because I used my debit card at a restaraunt, and they ran it as a credit. Didn’t even clear until the next day, and wasn’t even the right amount. None of this shows on my statement online. Statement shows six cleared debits with positive balance and the last one leaving a whopping negative 85 cents balance. I thought my paycheck was credited the night of the 14th so available to me on the 15th. NOT! BOA has it figured down to maximum way to steal your money.

]]> By: Save your change http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-1279 Save your change Sun, 06 Sep 2009 03:05:05 +0000 http://www.eyeonannapolis.net/?p=792#comment-1279 I recently switched to BOA and heard the horror stories about fees but all the research i have done is mainly people who let their balance get too close to zero. It is the same at any bank. If you dip below zero you get charged. You shouldn't let $7 sit between you and a zero amount in your checking account. Once you get to $20 it is better to use your credit card and pay off the transaction once the check is cashed than hope your math left $7 in the bank. I recently switched to BOA and heard the horror stories about fees but all the research i have done is mainly people who let their balance get too close to zero. It is the same at any bank. If you dip below zero you get charged. You shouldn’t let $7 sit between you and a zero amount in your checking account. Once you get to $20 it is better to use your credit card and pay off the transaction once the check is cashed than hope your math left $7 in the bank.

]]> By: Les http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-1101 Les Fri, 14 Aug 2009 17:20:44 +0000 http://www.eyeonannapolis.net/?p=792#comment-1101 Cathy -- you can cancel the cards now and still have a balance (which you will still have to pay). Doing this lets them know what you think of them and it lets them know that you will not be using their cards anymore. BoA is absolute crap. A website that is mis-leading at best, most likely dishonest, when it comes to fees and charges. What I am curious about; How do they get those customer service agents to tow the company line so faithfully? Cathy — you can cancel the cards now and still have a balance (which you will still have to pay). Doing this lets them know what you think of them and it lets them know that you will not be using their cards anymore.

BoA is absolute crap. A website that is mis-leading at best, most likely dishonest, when it comes to fees and charges. What I am curious about; How do they get those customer service agents to tow the company line so faithfully?

]]> By: Cathy http://www.eyeonannapolis.net/2009/04/03/bank-of-america-watch-out-for-random-fees/comment-page-1/#comment-920 Cathy Mon, 20 Jul 2009 14:01:17 +0000 http://www.eyeonannapolis.net/?p=792#comment-920 I recently got charged $70. for writing a check ( which they sent me every month ) on my BOA visa credit card. $70. to write a stinking check that I already am being charged finance charges on my credit card. I am writing to their credit department since two managers refused to reduce the charges and told me I should have read the fine print. Sorry pal, I am working two jobs and just didn't have the time to see if my bank would rip me off. As soon as my credit cards are paid off, I am finding a new bank. I recently got charged $70. for writing a check ( which they sent me every month ) on my BOA visa credit card.

$70. to write a stinking check that I already am being charged finance charges on my credit card.

I am writing to their credit department since two managers refused to reduce the charges and told me I should have read the fine print. Sorry pal, I am working two jobs and just didn’t have the time to see if my bank would rip me off.

As soon as my credit cards are paid off, I am finding a new bank.

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