Bank of america is very stealthy in charging overdraft fees

Bank of america is very stealthy in charging overdraft fees...

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Unformatted text preview: Bank of America is very sneaky with overdraft fee charges. For example, recently my account was low on funds, but I knew how much I had in my account that day since I had just checked it online. Then I went to work that day and used my debit card for a few different transactions. The next day I logged on to my B of A online site and found five negative transactions. I’m not sure if I was more shocked or confused. What happened to the money in my account the day before? Apparently, Bank of America had cleared a check I had written a week before but their system never bothered to display this as a debit / withdrawal from my account. So now I owe multiple $35 NSF fees for small charges for things like a $2 cup of coffee and my $3.75 fast food lunch is now as expensive as a high priced steak dinner. I also bought a pack of gum and now each time I take one of the ten pieces I feel like I’m chewing on $3.50 for each stick. I know it’s my own fault for not keeping track of my account, but I’ve become so dependent on the...
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This note was uploaded on 07/02/2010 for the course ECON 210 taught by Professor Gat during the Spring '10 term at 카이스트, 한국과학기술원.

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