Bank of America -- auugggh

[lilyofthewest]

Anyone have any tips for getting BOA to waive overdraft fees? And/or any advice on convincing them not to let me spend money I don't have

Comments

[neaira]

Welcome to the wonderful world of banking. Seriously, though, it's not the bank's job to tell you if you have money or not. That's YOUR job.

[scarletgestalt]

Seconded. Watching every penny you have is a responsible poor skill. Relying on someone else to do it is not.

[dreamertheresa]

I'm so glad this was the first comment.

Seriously?

"I have horrible financial planning/awareness, and now it's the bank's fault. Someone hold my hand!!!!"

Take some responsibility for yourself.

[litter_ladder]

destroy your bank card

[frolicnaked]

... I wasn't alerted until more than 24 hours (and 1 ATM withdrawal and 5 debit transactions) later.

I don't know if Bank of America operates this way, but according to one of the tellers at the bank I use (Wells Fargo), the reason they don't send insufficient funds notices right away is because if the account holder deposits money later that same business day, the bank doesn't charge the overdraft fee.

[blackguyzonly]

Actually BofA tracks them from most expensive to least expensive. When they clear your account it will take the most expensive item of the day and post that, then the next least expensive and so on. If you overdraft one day, you have until 1045pm EST to put in enough money to cover it, without getting the overdraft fee. BofA posts overdraft notices at 2am the next day on your account, and will notify/email/mail by 6am that same day the overdraft fee posts.

[sinandsilence]

Psssh my bank does. My genius boyfriend used the wrong debit card twice in one day causing $50 in fees even though I put the money in that account later. From the other account. Too bad the bank doesn't care and he cant seem to keep the two cards straight.

[kreestole]

Sometimes if its the first time you've messed it up they will waive some or all of the fees. It depends on the bank though, and I've never banked at BOA. When I worked for a bank, we pretty much NEVER waived any of it unless there were seriously unusual circumstances. Its your responsibility to use your check register so you know what you have available because the bank balance may not match if all transactions haven't gone through. And even though you have email alerts set up, no computerized system is perfect and none work as well as writing down your purchases (when you make them) in your check register.

[mycologynerd]

Bof A always waives my overdraft fees, I have been with them for over 10 years I overdraft maybe 3 times a year at the worst and I always call right when I notice it and very apologetically tell them I made a mistake and ask for a waive, works everytime

[starsatnight13]

If I were you I would operate on a cash only budget for awhile. Check your balance before you take money out and take out what you need for a week. Then stick your debit card and checkbook in your dresser and leave them there.