I was tricked into being a new customer when trying to cash a fairly large amount of money drawn on a bank of america account. I was told the bank did not have that kind of money and that they could only give me half and then put the other on the card.
I agreed that was fine unaware it was account to be opened in my name. They said all funds were to be available immediately... I used 150.00 on the temp card they gave me and tried to use again on another purchase which the card was then declined. I called bank they said they wer investigating for fraud supposedly and closing my account and would take 15 days before I could get my money..
The funny part was it was a valid check and the funds were available from the account where the check was being drawn from as for it was for my education. way to go BofA
Product or Service Mentioned: Bank Of America Account.
Monetary Loss: $5000.