Let’s opt out of “overdraft protection”

Cry me a friggin’ river. People need to be responsible and know what they have or don’t have in their accounts. In addition, what in the heck is the difference between an overdraft fee and an NSF fee? They’re about the same from my experience. Would you rather go through the inconvenience of correcting your NSFs all over town or pay the same fee (or less) as the NSF fee and avoid the inconvenience? Take some dang responsibility and don’t write checks if you don’t have enough money in your account!

I am sorry to those of you who seem to be taking up for the banks on this issue, but I know first hand how much of a problem this is for so many people. It is not always as simple as “keeping up with your spending” as banks design their automated systems to promote the occurrence of overdrafts. I called BoA over a year ago to opt out of my Overdraft Protection (at the time I was unaware that it would deny overdrawn purchases at Point-of-Sale, which would have been fantastic) and they said they would cancel it. Now I find out that it was never canceled, if so I would have been declined at POS and not allowed to overdraw. Also, I called them twice about their policy of re-ordering transactions from highest-to-lowest. The first time I called I was told that it was the result of “a customer survey” showing that customers preferred this method. The second time I called I told them that I would be changing banks because of this policy, and I was told that changing banks would not help because high-to-low re-ordering was federally mandated banking regulation and they were required to do it that way (which was simply a lie to keep me with their bank). Now, very recently, they converted my savings account (which is also attached to my Debit Card) into a checking account so when I go to the ATM to deposit cash/checks I can’t tell which account I’m depositing into making it difficult to bring a negative account into the positive. The list goes on and on of situations where BoA has manipulated accounts to make them confusing and hard to manage. I know they are just like any other business with the goal to make money, but when you can’t trust your bank to handle your money, who CAN you trust?

Go with a regional bank or credit union thats local to you. get your $$ out of those greddy to-big-to-fail banks. I have my $$ and dont get in one and dont get overdraft fees, and the NSF is $15

I don’t understand why they didn’t end the overdraft protection for online services too? I had an overdraft onlinewhich I was unaware of, but they waited nearly a week to notify me, and during the time they charged me two overdrawn fees of $35! Then, they cancelled my first overdraft fee since it’s my first offence but not the second one. Keeping in mind the kind of reputation that Bank of America has, I’m starting to think that they notified me late so that they can charge me a second time. Now they’re playing we’re the good guy and we forgave you for your first offence, and I look like I’m fully responsible for it. Had I known earlier I would’ve taken care of it earlier. I requested a refund on the day I got the letter of overdraft from them. Even so, they’re still charging me an extra 35. These banks play tricks on you so that they can get more money. They never even told me about overdraft when I opened the account. They just want you to put your money in and leave you to the problem when they occur. They never tell you in advance. Now there’s nothing I can do. Even $35 is a rip off