Comments on: Bank Of America’s Outrageous Overdraft Fees = Scam

By: technodonm

technodonm — Sun, 21 Mar 2010 02:15:20 +0000

You should also note that their “Online Banking” tool is a scam as well- it DOES NOT reflect your current balance or anything meaningful whatsoever. Withdrawals might not show up until 6 months later.In other words= youï»¿ have no way of knowing how much is in your account and are subject to ‘overdraft’ fees at any point. …unless of course you carry around a grand scroll or tablet with ALL of your $2 coke bottle transactions on it.

By: AntacidForTheMind

AntacidForTheMind — Sun, 21 Mar 2010 01:53:46 +0000

Great video, will have to repost this! Please join our Facebook page:SERIOUSLY tired of bank fees Were trying to education people in ways to avoidï»¿ overdraft fees. Thank you again, great video!

By: MadelynJeannn

MadelynJeannn — Sun, 21 Mar 2010 01:32:17 +0000

Bank of America has done this to me, several times. They’ve done it to my wife too. In one case,ï»¿ a transferred cash from my checking account to her checking account. The next day, my wife uses her debit card. Before she used it, her balance could cover it. The transfer showed on her account. However, as soon as she used her card, they took away the transfer so she would go negative, hit her with a series of charges like you, and then redid the transfer the next day.

By: Jot701

Jot701 — Sun, 21 Mar 2010 00:37:40 +0000

yea….im downï»¿ 500 since jan.

By: chevon1920

chevon1920 — Sat, 20 Mar 2010 23:59:45 +0000

Yeah, Fuck Bank of America, my personal best was about $800 in overdrafts. These cock suckers must be stopped!!!!! They should also be forced to change their name they shouldn’t be able to attach the name America toï»¿ such a FUCKING PIECE OF SHIT. We should have let these fuckers sink, maybe they would have a little more respect for their customers! People make mistakes that doesnt mean we need to take it in the ASS! Dont recall them being punished for their multi billion dollar fuck up

By: theamberpup

theamberpup — Sat, 20 Mar 2010 23:26:00 +0000

This has happened to me to with huntington, big deal. Wellï»¿ lucky for you all BAC stopped charging overdraft fees.

By: Curtispires

Curtispires — Sat, 20 Mar 2010 22:27:28 +0000

Why don’t you just not spend more thanï»¿ you have?

By: Curtispires

Curtispires — Sat, 20 Mar 2010 22:09:26 +0000

Yeah BOA just robbed me for $350.00 as well. I’m switching to a small credit union and I recommend everyone do the same. The longer we stay with “bigbank” and let them rob us the more they will feel entitled take from us.. It is timeï»¿ to let them know it is the consumer with the power and without OUR hard eared money they would not exist. So find your local Credit union andï»¿ stop this NOW!! or just switch to cash..

By: portamenteff

portamenteff — Sat, 20 Mar 2010 21:28:08 +0000

They hold your deposit for as long as they can, but count any withdraws through as soon as it hits their computers. This accounting method uses the credit accounting method for deposits, the cash accounting method for withdraws. It’s skewed to work in their favor not only with overdrafts but with interest. Each month they pay an interest earning account for the LOWEST amount youï»¿ had that month. the longer they can keep the deposit out, and the sooner they can get withdraws in, is less interest.