Dufus Businesspeople
May. 12th, 2025 08:42 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ceagleIn my teens, my very first bank account was at B of A , Bank of America. I paid a monthly fee to maintain it and earn credit.
After a while they offered me free checking, so I had that for several years thereafter. Close to 20 more years go by, and they told me they were eliminating free checking, except for some cases such as high balance accounts, etc. I asked at two branches if they could find some free checking account for me. Both said no.
It was a little bit hard to take the step, but I had to cut them off and leave. Several other banks were/are still offering free checking with no strings attached. I guess they have enough suckers that they don't need my deposits.
I have still been using a B of A credit card though, since they used to partner with a charity and a percentage of payments would go there, although I think that partnership quietly faded away, since it is no longer mentioned on my card.
Today I got a notice that they will soon "reserve the right to refuse payments if it will result in a credit balance." Doesn't mean they will, but I'm not sure I want to take that chance, since they spent hundreds of thousands of dollars revising their policy and sending out notices and updating their software.
I like to send in a bit more than is usually required, because I can save a stamp and a cheque every other payment :}
So, first checking and now this. Alas, I think the B of A credit card is going into cold storage, another product they turned sour with a kookoo policy.
After a while they offered me free checking, so I had that for several years thereafter. Close to 20 more years go by, and they told me they were eliminating free checking, except for some cases such as high balance accounts, etc. I asked at two branches if they could find some free checking account for me. Both said no.
It was a little bit hard to take the step, but I had to cut them off and leave. Several other banks were/are still offering free checking with no strings attached. I guess they have enough suckers that they don't need my deposits.
I have still been using a B of A credit card though, since they used to partner with a charity and a percentage of payments would go there, although I think that partnership quietly faded away, since it is no longer mentioned on my card.
Today I got a notice that they will soon "reserve the right to refuse payments if it will result in a credit balance." Doesn't mean they will, but I'm not sure I want to take that chance, since they spent hundreds of thousands of dollars revising their policy and sending out notices and updating their software.
I like to send in a bit more than is usually required, because I can save a stamp and a cheque every other payment :}
So, first checking and now this. Alas, I think the B of A credit card is going into cold storage, another product they turned sour with a kookoo policy.
