Bank of America Customer Delivers 153,000 Signatures in Petition Over Fee

Just go somewhere else, that’s all you have to do.

All customers of B of A should leave NOW and send them a message (just like Netflix). Why anyone would bank with them is beyond me!

BOFA is just like the rest of the crooks on Wall Street, that is why the market goes up and down by hundreds of points due to the huge amount of short selling by a bunch of greedy jerks and they bought off our entire government from the president on down. Holder is as useful as teats on a bull, he reminds me of inspector Clouseau helping the bankers load the cash. Why has no one gone to jail yet, robbo signing is out and out fraud.

First, Ms. Katchpole’s actions give me faith that the current generation of 20+ year olds have some intelligence and backbone! Second, while key BofA executives would never think of cutting their salaries as a cost saving measure, they blithely plan to lay off 30,000 people with no thought as to how that will affect the US economy, let alone the individuals who will be out of a job. I heard a recent news story where a BofA executive stated ‘the bank deserves to make a profit!’ in response to the $5 monthly fee assessment. While sir or madam, you’ve made a profit based on the bail out funds you received from my tax dollars. I would rather the bank suffer a couple of years of operating loss and keep people employed until the economy turns around versus mass lay offs while company executives maintain the huge salaries and bonuses and make breakeven income, at best.

Here in the UK, banks give money to their customer, Halifax reward current account gives you £5 per month. I feel sorry for you guys.

Katchpole closed her accounts, cut up her debit and credit card on the sidewalk

Was she ticketed for littering?

Is my Social Security check that they are after! I don’t have an income, but Social Security, due to disability. Most of my check goes into bills and I get no more than $75 dollars to buy food. On top of that, Social Security is NOT raising the checks since 2008. So, I guess that, after adding an extra $5 to BOA, then my monthly food allowance will be in the $70 or even $60 a month. Go figure!

You realize this fee is the result of the moron Dick Durbin law forcing banks to pay swipe fees instead of the businesses using the cards? Do these idiots ever get “Unintended consequences”?

I recently left Wells Fargo (WF) because of all the fees. And yes, I had much more than $400 in my account(s). I had both my personal and business accounts at WF and still saw fees increasing. I dropped WF and gave them what was deserved. BoA customers should do the same. Check out Ally Bank. Everything is online with Ally so there are no local branches, but who wants to stand in line at a branch bank. Not me, my time is more valuable. And I’m sure all the bank executives are paying the same fees that they impose on others…… Right…..

Yep, and in there quest for Greed. Wells Fargo took TARP funds and went on a aquisition binge

I totally agree with robn. If you dont like the fee then dont use the service. You can still withdrawl money at the atms or do online payments using your account number instead of the card number. I personally am happy to pay the 5 dollars and i am living paycheck to paycheck like the majority of us because of the convienience and safety that it offers. Its an optional service if you feel they many things it has to offer isnt worth what most people spend on a latte or something that has far less benefits dont use it simple as that. The ones who are making out are merchants who just recieved these huge cutbacks in what they charge for these point of sale systems. Im curious as to why no one is addressing the real issue of who is really making the profit off this change. Im just hoping the merchants will do whats right and pass the savings on to us now.

At least Bank of America is being upfront about their fees. When was the last time you looked at your Cell Phone bill. What the heck is a surcharge and when did that start. I was not pre-warned about that 6 mths in advance.. I used to pay $3.00 for a gallon of milk, now I pay $4.59, why aren’t we petition about that and everything else that has gone up over the last year. Bank of America is a great company that employes a lot of people. We are crying over the economy being bad, yet we want to contribute to making it worse from slandering Bank of America because they are pre-warning their customer about an upcoming fee, are you kidding me. I choose to pay $4.59 for the milk that I want, and people can choose to use their debit card to make purchases or not. And people, Bank of America is NOT the only ones doing this.. Get the facts before you start harping on BofA….

When you provide a service you will expect to be paid. Your $400 parked in a boa account is not making them enough interest to be able to give you a card that you could use any where in the world to purchase any thing you want (as long as you have the money). If you dont want the fees , keep the account and cancel the card or just dont use it except to get money out of ATM’s, which is still free. Who will pay their shareholders all the money they are not going to get because of the new law. Atleast with this fee they would still be able to get a portion of it.

It is amazing to me how ignorant the general public is about what is going on in the world. The fee for debit accounts is a direct result of the wonderful bill our democratic administartion signed with an Amendment from Dick Durbin. It cut the revenue collected on a debit transaction by 50%, making 100 million debit cards an unprofitable product for the banks. They went from offering a service for free to one that costs them money each time you swipe it. Of course they have to charge a fee for it now. it is either that or don’t offer the card or just go bankrupt. For some reason they decided to exempt small banks from this new rule. Or govt genius’s at their best Now eveyrone must pay for soemthing that used to be free. Wonderful…

Consider this….unemployment posts twice a month. Sometimes the unemployed do not have $5 in their account. Quess what? Now BOA gets another $35 and since your next unemployment check does not post for two weeks …an additional $35 for nsf over 7 days. Now the fee has cost $75!

did anyone ever consider that the bank needs to cut costs, and is doing so by intentionally driving customers away to reduce the infrastructure that is needed ti support such a large customer base?

You can bet these weasels will find another way to charge their customers for this or that. This American corporate structure is a sham. Ok, some corporations are doing very well. It all depends on their motivation…which boils down to how clean are their hearts in doing business with their customers and dealing with others in general.