They close the account three days after opening it. Not worth the time or effort. The same day I went to activate my card a guy who had a attitude told me it was closed for no reason. And I can’t open another account with them in this lifetime. Luckily I could give a flying f all I care about is my money. No one wants to have to wait for a check when if you could’ve notified me I could’ve moved it the same day.
@Bankofamerica will not proctect you money instead they willing to rob you !! Get your money out ASAP warning to you they did to me they will,get your money and even you the cortesy to let you know what going on Get out of @bankofamerica
I opened up just an savings account. It was only open 2 days. They shut my account down for no reason. Saying it was a business decision not to do business with me. They refused to explain why. The lady said she doesn't have to explain anything to me. I never dealt with this bank before. As a citizen I felt horrible, because I was denied the right to have an account with the bank. However, if you are an illegal immigrant and you have a passport you can have an account. Now my wife who opened up her account the same day is really considering closing her account as well.
Most horrific banking experience. Wanted to cancel my saving account and called them zillion of times. First of all, they opened my account without telling me that there will be $12 maintenance fee/month. After being charged for a couple of months, I called them to cancel it. Women working there are out-of-their mind. They always came up with hundreds of reasons for not being able to cancel my account (like charges suddenly appeared at the same exact time in the middle of the month when I wanted to cancel my account). Guys working there are really racists and sketchy. They are so afraid to introduce themselves by their last names. I talked to this George guy who refused to tell me his last name while he repeatedly told me that he has my last name differently on-file. Made me sound like I don't know the root of my family. Every time, I called these people, they were more concerned about asking my mailing address precisely down to the zip code (which I am pretty sure they could look it up if they have a brain or some sense of being a human) to deliver a piece of useless confirmation (which I am very sure that they could deliver by email). Overall, they are genuinely more concerned about where I live and my ethnicity rather than offering me some professional help. Overall, a group of very sketchy, racist, unprofessional people working at the bank.
I opened a Bank of America checking account in high school, and was able to maintain the same account throughout college with no monthly fees. When I graduated college, Bank of America made me switch my student account for a normal account, which sadly included monthly fees. They had a promotion at the time that if you opened a savings account at the same time, and had a set monthly transfer of at least $25 from your checking to your savings account then you could avoid monthly fees. Obviously, I opened up a savings account that day. The things I like about my savings account are that I can transfer immediately between my checking and savings and that there are no transfer fees between my accounts. The interest rate is low though, and I know that I should be investing this money rather than just saving it, especially at my age. This savings account is okay, but there are definitely better options out there.
Bank of America has been a great bank for me. I have been a customer for over 20 years. I started with a basic checking account years ago and have now moved onto the bigger and better accounts. I could not be happier with this bank and the savings account! I’m really happy with the higher interest rates, and as long as you keep enough money in the bank, then there are no monthly service fees. I couldn’t be happier with free banking! The customer service here is by far better than any other bank I have used in the past. I will be a forever customer.
It's middle of the road. I started out with a student account. That was great because there was no fees and I didn't have to meet minimums. Once that ended I had to have so over $2500 or transfer money every month and that got a little tedious. This account doesn't really earn any tangible money in interest. Even over $15000 in the bank, I’m getting less than a quarter of a dollar per month. The service of the bank was the only saving grace because I could use the mobile app and there are always branches near me to help with any issue. Anytime I had a problem it was resolved with a phone call in a few days.
I like my Bank of America regular savings accounts because I can use the linked checking account to save money easily. I have the "keep the change" monies going in directly from my checking account each month. I also like having my savings account set up to cover any accidents that might occur on my checking account with an overdraft protection. This actually did come in handy once, when a store clerk double rang my card and caused me to go into the red in my checking, my savings account had enough in it to cover it. The main thing I do not like about that is how much money they charge for you being able to use your own money to do this. This was 25 dollars it cost me and I thought that was highway robbery. It is what it is, other than that I really like my account. I would say that if they raise that rate much more, I would consider moving my account but for now since I don't plan on using overdraft protection much, It is okay.
Had a terrible experience with this savings account. First, the "keep the change" feature is almost impossible to deactivate since you have to talk to customer service and it takes really long to get transferred to a human. Second, because I kept getting money deposited in there and I can't afford to save right now, I would transfer the money back to my checking once it reached 30 dollars or more. Well, turns out they charge you after your third transaction so I ended up paying $18 dollars in fees from using it too much. Needless to say, I am no longer a bank of america customer.
I've had this savings account for a few years now; I opened mine in college. It's an ok savings account. Because I'm young and broke all the time, I set up the service where your overdrafts come from your savings, which is of course a whole lot better than paying $35 for each separate overdrafted transaction. B of A is also everywhere so it's a very convenient bank to have while traveling. I'd switch to a credit union, though, if there were some more close by, because I've heard they're less evil than giant banks. Either way I suppose it doesn't really matter, since an individual can't change much is the vast consumer wasteland that is the United States. I also like that I can deposit checks without an envelope.
In the event that in a given week, for this product, there were multiple applicable rates in our database based on different criteria, the above graph reflects the lowest interest rate recorded. Before submitting an application, always verify with the issuing institution (i.e. bank, credit union, other lender) the rates, fees, and all terms and conditions accompanying the application.