I have been banking with BofA for almost 20 years, however, the services and conditions have gotten worse. There is no acknowledgment of my loyalty whatsoever.
- Recently got a letter, that I now need to have a $5000 balance minimum to avoid a monthly service fee.
- Am now being charged a minimum interest rate of $1.50 on my credit card.
- Have addressed these concerns with a banker and no corrective action has been taken.
Therefore, I will now close all my accounts with BofA.
(prompt asks me to write at least 100 words, therefore I am just rambling on a little bit, you can ignore what I am saying here in brackets ... )
Product or Service Mentioned: Bank Of America Banking Service.
Reason of review: Bad quality.