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Author: kahunacfa Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308238  
Subject: Re: Bank of America annoyance Date: 9/28/2011 10:39 PM
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So annoyed at Bank of America right now.

For several years, we had our bank accounts there. However, a few months ago we switched to someone else. We had had their highest tiered checking and savings accounts for no fee because we had a mortgage there. But, we recently sold that house. We decided to leave $3000 at BOA which was what you needed to have for a checking account with no fee. We've had that account for about 3 months.

I just noticed that on the brand new statement they just charged us a $25 monthly fee. I went and looked at their current checking accounts and now they have an account that is no interest and no fee if you keep $1500 in it or you can get one with interest that has no fee if you keep $10000 in it.

What is supremely annoying is that they apparently changed our account to the $10000 minimum requirement to avoid a fee rather than change to the $1500 minimum requirement to avoid a fee. I even went back and double checked each statement I've received to make sure they didn't say anything about the change.
- determinedmom | Date: 9/25/2011 3:57:28 AM | Number: 303131


Bank of America is EVIL, IMHO. I used to have a Bank of America Visa card three or four decades ago. Now, I only use American Express(R) cards.

Kahuna, CFA
Venture Capital
Portfolio Manager
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