How Bank of America quietly steals your money

There are plenty of banks with free accounts. The big regionals tend to be good, as are credit unions. USAA is flat-out the best on the planet if you can get an account with them.

+1 USAA - able to withdraw from any ATM and have 15 dollars in fees reimbursed along with being able to deposit checks via your smart phone

I've had the same thing happen at least twice.

Count me in for whatever the consensus action is, whether that's complaining to the CFPB or a joining a class-action.

We need then to get in touch - even for the CFPB I cannot just reference someone by an online alias. Please write me to m3dsa [at] hotmail.com.

I have gone through the same pain with BOA and finally I had to close my account last year. But the funny/upsetting thing is that even if I closed my account, BOA kept on sending monthly statement charging those monthly fees for several months. I had to keep ignoring it till they completely stopped sending those statements. I went to the local BOA office to complain and the Banker did not give a damn at all. I have a feeling he thought that a tiny customer who just transacts few hundred dollars a month can not affect the bottom line of the bank and ultimately his job. And during that time I kind of felt that sometimes the big bank can play a cruel joke and get away with it on tiny customer like us. You know what , I closed my account went ahead and opened my checking and saving account at a local credit union bank and I can't say how happy I am. Hey, it is your money. But watch out! some big banks are very good at ripping off small customers by charging in fees (nickel and dime, heck now a days they have started charging above 10 dollars forget about nickels and dime). As a small fish you are more vulnerable to big predators in the ocean. So beware. Keep eyes open.