Overall Rating

MyBankTracker rated Bank of America based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank.

B+

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Bank of America Customer Review

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kokooh's Profile Image

1 out of 5 marks

Reviewed by kokooh

Jan 4th 2013

Ridiculous

I applied for a BoAM CC over the summertime, and was approved for a credit line of $5,000. subsequently activating my card in the early fall. I have a few other cc's with great payment history, NEVER late, etc. After Thanksgiving, I began Christmas shopping. I made one iPad purchase and a few other small dollar amount purchases at various stores with in 3 DAYS of each other. Holidays came and past, and just today I received a cancellation notice of my CC from BoAM. Are you kidding me? I had already sent off my FIRST payment, which was made early after checking my balance online.

Their (BoAM) reasoning in the letter, " Current economic trends, as a result, we have closed your above referenced account". And, "are no longer authorizing any further transactions."

I will pay this off after receiving my FIRST and only statement, I am so glad I did not use this any further, such a ridiculous experience with Bank of America! I would have given them a 5 rating, then only to retract that and rate BoAM a ZERO!!!!

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Other Bank of America Reviews

Ihatetowaitsolong's Profile Image

Reviewed by Ihatetowaitsolong

May 22nd 2015

1 out of 5 marks

Only one bank teller working at all times. Very long wait!

This bank only has one bank teller working at all times. There are other people working in the bank. But no one will open up a second bank teller window when the line gets long! The wait time is very long when this happens.

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isaisa's Profile Image

Reviewed by isaisa

May 26th 2015

1 out of 5 marks

Worse Bank to have a Credit Card

Bank of America freeze my credit card account and they are so bad that every time I called customer service they didn't have any idea the reason of the hold, I never had any late payments and always pay the full amount of balance every month. After 3 months of calling I finally closed the account, but this is the type of bank that do not care about the customer....

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