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!!!!
I have been a loyal customer since 1978 and had given Bank of America a really good review based on a recent transaction with good customer service. The next day the bank withdrew a substantial amount of money from my checking account! When I called the representative told me it was from a charge off from an account that was closed 3 YEARS AGO!! You can imagine my outrage when he told me that after I gave the bank a good review. This is the 2nd time I've had to deal with this type of problem. The first time was a fraudulent charge on my account that took 3 months to clear. Time to open another account elsewhere
Bank of america provide all the information to any person that they said is legal, my husband s. S. Was scan from someone else with t-mobile and he got a debt on collection, when he never has phone from t-mobile, now that collection when to "legal process" and they couldn't go to his bank to take that money because his bank protect his information, bank of america provide all the information and let other people take my money because my husband is in my bank account, is that fear? They said they cant do anything because was "legal".