I have a checking account with Bank of America. Every single time I deposited my check, they put a hold on it!
This went on for OVER a year. Each time, I got a different answer. The FINAL time they didn't release the funds in my account, and my cell bill payment was returned for NFS. I called B of A and asked why it was not paid, after I was advised by another B of A it would be.
Her ONLY explanation was, "We don't pay any bills if there is a hold." Now wait B of A, you will let me take out $200 in CASH and TRUST a check you were given, but you don't trust the check enough to release all the funds?
NOW I have a NFS from you AND my cell provider. Folks STAY WAY FROM BANK OF AMERICA!!
Reason of review: Horrible.
Monetary Loss: $70.
Preferred solution: Full refund.
Bank Of America Cons: Charge fees inappropriately.