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Joined 1 year ago
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Cake day: March 4th, 2024

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  • Here’s my “Fuck BofA” story. A long time ago now, I was really tight on cash on a Friday and needed a few things before my next paycheck on Wednesday. I knew how much money I had in my account, and knew what I could afford, and what I couldn’t afford. I couldn’t afford the gas for my car if I bought my groceries and paid a few other bills, which meant that I would just overdraft the card for the gas. I’d be about $10 short of filling up the tank, so I was okay with paying the $35 overdraft fee for the gas, because I needed it to get to work. I did the math, and I’d be roughly -$50 when it was all said and done.

    Come Monday, I find that I’m at -$500. I look at my account history, and I see that BofA reorganized all my transactions from the weekend, processing them from largest to smallest. So instead of ONE large purchase overdrafting my account and accruing a single overdraft fee, they hit me with like 6 overdraft fees because of all of the smaller, ~$5 purchases I had made that weekend.

    I fought with them for months, telling them that I’d pay the single overdraft fee if they agree to charge me based on the timeline in which I actually made the purchases, but they refused to budge, and eventually closed down the account, and also blacklisted me from opening an account with any major bank again.

    The next year, a law was passed that made it so they can’t do that anymore. But the law didn’t make them pay back anybody that they already fucked over.