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View Diary: New Bank Fee-for-All: Truly Despicable Charges (111 comments)

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  •  Automatic Fund Transfer (4+ / 0-)

    in the state of california there is no fee for setting up an automatic transfer to your own account with another bank.  very important to know if you live far away from the nearest bank of america atm.

    •  Two issues with that (5+ / 0-)

      One, the BoA debit card probably isn't tied to an actual bank account, thus, you couldn't transfer to and from it. It's more like those Visa and AmEx gift cards you see places selling (which, are also a big rip off due to fees)

      Two, EFT transfers can take a few days. Until it gets deposited into the destination account, you can't access the money. For somebody on unemployment, they probably don't have money to spare to cover that period where their money is in no-mans land.

      TEABAGGER: Totally Enraged About Blacks And Gays Getting Equal Rights

      by yg17 on Fri Nov 11, 2011 at 10:52:28 AM PST

      [ Parent ]

    •  move your money out of bank of america (3+ / 0-)
      Recommended by:
      TofG, chimpy, Losty

      you no longer need to spend your time trying to figure out how they are screwing you now.  Problem solved.

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