Checking or savings account -- Problem with a lender or other company charging your account -- Complaint #5243018
Complaint Overview
Complaint ID: 5243018
Company: Bank Of America, National Association
Product: Checking or savings account
Sub-Product: Checking account
Issue: Problem with a lender or other company charging your account
Sub-Issue: Can't stop withdrawals from your account
State: Florida
ZIP Code: 34698
Date Received: 2022-02-20T12:00:00-05:00
Date Sent to Company: 2022-02-20T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Tags: Older American, Servicemember
Consumer Narrative
I have a business checking account with Bank Of America which was opened over 5 years ago. Unless I keep a balance of {$3000.00} Bank Of America charged my account number ending in XXXX {$16.00} monthly. It was hard to maintain 3000.00 monthly. Now it got worse ; the new requirements now is to maintain {$5000.00} It has been difficult to maintain {$5000.00} so Bank of America keep charging my account {$16.00} monthly. I tried talking to them but it is of no use. The monthly charges of {$16.00} continue to no end. From XXXX XXXX XXXX XXXX XXXX XXXX Florida XXXX Date : XX/XX/2022 @ XXXX
Frequently Asked Questions
What is Complaint #5243018 about?
Complaint #5243018 was filed against Bank Of America, National Association regarding Checking or savings account specifically about Problem with a lender or other company charging your account. It was received by the CFPB on 2022-02-20T12:00:00-05:00.
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.