Bank of America Credit card department,
On -/-/- a " Small Balance Adjustment '' of $0.00 was removed from my BankAmericard Cash Rewards Signature Visa card account. This transaction was quoted as a " Small Balance Adjustment, Transaction Date : -/-/-, Card Type : Visa and Transaction Type : Fees. As Bank of America is aware similar " Small Balance Adjustment '' fees have been removed from my account on the following dates : -/-/- -/-/- -/-/- -/-/- -/-/- -/-/- and again on -/-/-. I was informed on many occasions by Bank of America that this is a system error and given various dates as to when this system error will be corrected.
Per - -, a Resolution Specialist at Bank of America this system error was expected to be corrected by -/-/-. Per correspondence from the Consumer Financial Protection Bureau, Bank of America is still working on the issue and I should hear from them, Bank of America within 60 days from -/-/-. Per correspondence from the Consumer Financial Protection Bureau, Bank of America is still working on the issue and I should hear from them, Bank of America within 60 days from -/-/-. As per information provided above this same error has occurred seven times in the last eight months. Per a recent letter dated - -, - form Bank Of America, signed by - -, Bank of America is diligently working to resolve the issue and is unable to provide a date on which the matter is to be resolved. The meaning of the word diligently, " showing persistent and hard-working effort in doing something ''. This same issue have happened for the last 7 months. Please resolve this ongoing issue so I can use my Bank of America Cash Rewards Signature Visa card account knowing I can trust Bank of America to process by account in an error free environment. In your recent reply you indicated the problem exist because I continue to remit payments to the account although there is no balance owed and/or a credit balance exists on the account. If you diligently resolve the system error that is causing this small balance adjustment the matter would be resolved.
Bank of America customer in Arizona
Jul 12, 2016
* Source: CFPB Complaint Database
Bank of America response to complaint:
Closed with monetary relief
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintWebsite | https://www.bankofamerica.com/ |
Phone | (704) 386-5681 |
Address | 100 N Tryon St Ste 220 Charlotte NC 28202 |
Bank of America | |
Bank of America |
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