Bank of America Bank Account Or Service Complaint

Checking account Account opening, closing, or management

Bank of America Bank account or service department,

Checking account Account opening, closing, or management District of Columbia

Complaint on Yield to High Deposit, Rewards, Missed Deposit and Reserves Prompted Balance At account opening interes computation on interes is calculated on combined account from checking and saving Bank errors are found on interes computation yielding is daily can not presumably tune to - 0r 366 days and is contradiction to 12 months APY computation notion Actual Rate interes on receipted deposits base on relationship from - to Present, - $12000.00 to $40000.00, should come out to not below 20 % daily Beside prompted and position Bank of America to become number - twice in prior 10 year with net reserve BOA >= $1,000,000 aggregate >= $1,000,000 Daily Interes sum on combine account deposit is $ - and even applying your so call - formula yield $ -/daily multiply to 130 days yields $ - yield come to $ -month multiply to - cycle is $25000.00 month, Itemized cyclic computation from initial cycle interes on combine accounts is $1600.00, from initial date - -, -, .04 % ( - ) $1400.00 and - -, -, .04 % ( - - $200.00, Second Cycle sum is $46000.00, - -, -, .04 % ( - ) $700.00 and - -, .04 % ( $38000.00 ) $45000.00 Third Cycle total is $42000.00, - -, -, .04 % ( - ) $36.00 and - -, -, .04 % ( $34000.00 ) $41000.00 Fourth Cycle sum is $39000.00, - -, -, .04 % ( $30.00 ) $36.00 and - -, -, .04 % ( $33000.00 ) $39000.00 Fifth Cycle Sum is $39000.00, - -, -, - ( - ) $38000.00 - -, -, .045 % ( - ) $470.00

Bank of America customer in District of Columbia
Feb 08, 2017

* Source: CFPB Complaint Database

Bank of America response to complaint:
Closed with explanation

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Contact Bank of America

https://www.bankofamerica.com/
(704) 386-5681
100 N Tryon St Ste 220
Charlotte NC 28202
Bank of America
Bank of America

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