In August BOA increased the minimum "combined" balance for linked accounts from $5000 to $10,000. I have had BOA accounts since 1990.
Three times in the past they have decoupled my accounts and started charging maintenance fees. These fees I fought and was reimbursed by the bank. But I did not catch the minimum balance increase in Aug. So they managed to get $75 in fees because of my inattention.
Doesn't sound like much, but how many thousands or millions of people have been ripped off by this practice? Good for BOA but not for the customer.
Believe it is time for me to change banks.
Product or Service Mentioned: Bank Of America Account.
Reason of review: Fee increase .
Monetary Loss: $75.
I liked: Ease of use.
I didn't like: Sneaky fee increases.