Checking or savings account -- Managing an account -- Complaint #4582606

Complaint Overview

Complaint ID: 4582606

Company: Bank Of America, National Association

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Oregon

ZIP Code: 97202

Date Received: 2021-07-28T12:00:00-05:00

Date Sent to Company: 2021-07-28T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

On XX/XX/XXXX, a payment of {$20.00} came through for a credit card I have to my Bank of America checking account. Instead of just paying the measly {$20.00}, they returned the funds and charged me an NSF charge. I'm not arguing about the fee, but not paying a small cost of {$20.00} when a large direct deposit is imminent ( deposit on XX/XX/XXXX that they can see the day before ) is asinine and petty, especially in these trying times. The same thing happened again on XX/XX/XXXX and XX/XX/XXXX. Absolutely ridiculous. If I miss a day and they know the deposit is coming, by all means charge a fee, but don't return the transaction - just pay it.

Frequently Asked Questions

What is Complaint #4582606 about?

Complaint #4582606 was filed against Bank Of America, National Association regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2021-07-28T12:00:00-05:00.

How did Bank Of America, National Association respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Bank Of America, National Association?

Yes, visit the Bank Of America, National Association company profile at readthecomplaint.com/company/bank-of-america-national-association to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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