posted on Sep, 2 2011 @ 01:46 PM
Two of my sons had their first checking accounts with B of A, and a consistent pattern emerged. Every time -and I do mean every time - their balance
was extremely small, a dollar or two, a small purchase of several dollars would hit, causing them to overdraft and incur the ridiculously expensive
"overdraft transaction fees" - I blamed them for quite some time, and told them they had to track their debt card purchases much more diligently.
This is true, however, when I looked into it, the purchases that were always posted that caused the overdraft were months, in some cases many months,
old. In their case, it was almost fast food. I used to think that Taco Bell (yuck!) was the conspirator.
Now I know that this was a deliberate business practice by B of A. If only back then I know what I know now.