I’ve never banked at BOA but I had an account for about a month at Wells Fargo, which is the Devil’s backbone, I’m sure.
I hate banks, absolutely detest them. I only use credit unions now and absolutely love the friendly service, the helpful staff, and the prompt attention to any problems I might have.
I just switched over to Bank One from TCF because they wouldn’t let me deposit checks made out to me and my father without putting him on the account, amongst other shit.
But back in the day I had a BoA Visa. Now the statement would usually arrive around the 17th or so with a due date of the 24th. Pretty tight squeeze, but hey I paid them right away. Well I go home for Christmas, leaving on the 18th or so and get back around the 26th. Well, I hadn’t gotten my BoA statement and hadn’t really thought about it, so I got hit with a late fee. And they refused to acknowledge how rediculous their turn around time was when I called them. I dropped that card like a hot lead brick.
Maybe this wouldn’t be the best time to say I work for BoA… 
(runs for cover)
At least we don’t work for Wal-Mart, or we’d have our choice of threads to run and hide from, huh?
Er,…I mean “you”. 
<hijack> Which bank has the lowest overdraft fee?
BoA charges me $30 for each transaction made while under $0, which seems a bit excessive. I’m looking for a new bank.
I’m a soon-to-be-ex customer. They suck donkey dick. “We want to protect your money,” my ass.
I ended up as a BoA customer after my bank for years merged with another bank which in turn was bought out by BoA. One of the first things that happened was they decided to start spelling my first name wrong. I don’t care what those assholes thought, my parents did not name me Lemon. They could not or would not correct. Then, all of those damn fees I had never had before in all my years of banking with the original bank started showing up. GRRRRRRR.
I switched banks six months after BoA took over. My now bank is wonderful. When I turned 45, I qualified for there “Geezer Account.” Ok, that’s not what they call it, but I get free checking, free checks, free safe deposit box and other good stuff that I can’t think of right now. Yay new bank!
I only have one, minor BoA story: I am not a BoA member, but I got a car loan from them in January. I think they either 1) found out about my application/acceptance to graduate school or 2) saw the student loan on my credit report, because this summer I started getting mail from them addressed to “the parents of Misnomer.” From their student loan department. I’m 33. My existing student loan has been in repayment for the past 10 years.
I scanned the first one I got, e-mailed the photo to my parents, and asked for their permission to throw away “their” mail.
Why do people (not the OP) stay with businesses that give them such shitty service? I have been boycotting BofA since 1982 when I was a college freshman. The service there was horrible but they were, at the time, the closest bank of any kind to my university. It would take weeks to tell all of the stories of how they fucked over the college students on a regular basis. I walked the few extra block and had great service from what at the time was San Diego Federal S&L.
I’ve been with a Credit Union since 1990 and haven’t had a single problem. Free ATM, free checking, easy web based banking and friendly helpful service.
Haj
For the record, I’ve been a BoA customer for ages, with no real complasints.
I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em, I hate 'em.
That being said, the reasons are:
)I still don’t see the OP’s point - why would he insist on cashing every check he gets at its bank of origin? It’s just nonsensical insta-gratification practice that doesn’t hold any water. Get your own account, deposit your checks into it, and the cash will be available (at most) in two days.
The bank will give you credit for a portion of the check until it clears. You can then withdraw money. Not the whole value of the check, but you’ll get something. Now that Check 21 is coming into being, checks will clear a lot faster anyway. If you absolutely must have the entire value of your paycheck right now then maybe it’s time to re-think your budget.
Same here. I hate BofA, but I love my credit union. Why everybody doesn’t switch, I’ll never know!
Ditto that…almost ten years now. Their online banking is great and free and they’ve never given me a problem at all. I have savings, checking and my Credit Card through them
For those of you griping about the feels associated with overdrafts: There’s a really easy way to avoid those fees – balance your checkbook and don’t write checks if you don’t have enough money in your account to cover them.
Not everyone is “bankable”.
Two people I know have been turned down for accounts due to bad credit so their only options to cash cheques are to take them to a grocers (such as Publix) and pay a fee, or take it to the bank it’s drawn from.
I’m not saying that’s the OP’s point, just a reason some people do it that way.
Frankly, I’d rather give my money to Publix.
Wooooo boy!..that didn’t come out right.
Make that "I’ve never been delinquent…” :smack:
Okay, I wasn’t going to mention this since it’s a bit embarrassing, but everyone’s been asking why I bother to cash my paychecks at BOA. The truth is, I accidentally had three checks bounce in October from my account at Chevy Chase Bank. If three checks bounce in a month, t’s their policy to hold all deposited payroll checks for three days for a period of six months. If there are no overdrafts for six months, then they return your account to normal status.
I can’t wait three days for a paycheck to clear, so I cash them at my company’s bank, which unfortunately is Bank of America.
However, I think I mentioned in the OP that I had personal reasons for cashing them there.
Adam
Isn’t Washington Mutual supposed to be a decent bank? Or maybe it’s Commerce? Commerce is the one that’s open 7 days a week right?
Now that’s a policy I’ve never heard of before! :eek:
Maybe it is time to give ol’ BofA a try.