Comments on: What BofA’s New $8.95 Fee for eBanking Isn’t

By: xpez2000

xpez2000 — Fri, 28 Oct 2011 08:33:47 +0000

ok you know what I have this stupid ghetto bank account. you have to switch the setting in your online bank account YOURSELF by going through several layers of pages that are misleading and if you arent paying attention you will think you already did it and get charged by not paying particular attention to make sure it is absoluteluy changed …you really have to read everything and click on links to make sure its changed to paperless.

hopefully you will do it before the next statement comes out..because they will charge you again until the next statement cycle is done…!@@#$#@#$@#

So this stupid cheap assed ebanking at BOFA cost me 16.00 dollars!!! to make the switch!!!

and If I cancel the account I am sure they will still want to charge me for a statement that I dont want!!!

I have been a BOFA customer for about 5 months and I already think its CRAP!!!

The chase bank I go to doesnt have these kind of cockamamey nickel dime fees for petty stuff like this!!!

B OF A is a rip off bank!!! there are definitely better banks than this!

By: Editor

Editor — Sat, 07 May 2011 17:47:15 +0000

Another thing BofA’s $8.95 isn’t… 8.95. The bank just announced that it was raising the fee to $12.
http://bankfiesta.com/All/Bank-of-America-Raises-MyAccess-Checking-Account-Fees-5-24/related_links

By: Thanks Mai

Thanks Mai — Sat, 07 May 2011 02:44:38 +0000

I can confirm that B of A allows conversion of a MyAccess checking account to an eBanking account without having to go through the hassle of closing and reopening. You can do it by chatting with an online agent by clicking on “Send us a message” when you are viewing your account details online. They will ask for some identifying information, but it is very easy and takes about 10 minutes.

The change account goes into effect the next statement cycle, so NOW is the time to do it (May 2011) to avoid the fee that will be assessed starting June 4, 2011 if you don’t have direct deposit or meet the minimum balance requirement.

By: Mai

Mai — Tue, 04 Jan 2011 10:52:27 +0000

I know this post is old, and they may have just changed their ways, but it is possible to do a convert. I just converted my MyAccess Checking (which started as a CampusEdge — they changed it to MyAccess about a year ago) to an Ebanking account, thru BoA’s website. Just a little tricky, as I couldn’t find an option to do it myself, so I did the chat with a live agent and they did it for me. I’m glad too, I’ve had the account for over 5 years and didn’t really feel like opening a new one and closing out my current one. Just thought I’d put it out there for anybody else who is curious, as I was this morning.

By: Amy

Amy — Thu, 26 Aug 2010 20:41:56 +0000

@Elrod I tried to convert my account and they will not allow it. You must open a new ebanking account (wait for the new checks, change your billing info with everyone, and get a new bank card) and then close your myaccess account. Not exactly what I call “converting” when all they have to do is enter a new code for your type of account. Ironically, they said they don’t have the technology for changing my account type. They set up hoops to jump through so we don’t all bail our myaccess accounts. I am willing to jump to save over $100. If I am going to set up another account, I thought I should just go with a bank I liked, so I left for a credit union.

By: Elrod

Elrod — Mon, 02 Aug 2010 21:50:13 +0000

So, can I convert my Myaccess checking to an EBanking checking to avoid future fees? Or will BOA honor their no fee agreement since I opened the MyAccess checking online?

By: Tony Shrute

Tony Shrute — Thu, 29 Jul 2010 03:35:56 +0000

I have the ebanking account, and I’ve gone into the branch to get some information on overdraft services, and I also didn’t pay to speak with a representative who helped me to navigate through the website with a basic tutorial. In this day and age, it only seems like a convenience to bank when I have the time.

By: Ron Shevlin

Ron Shevlin — Tue, 27 Jul 2010 20:23:43 +0000

“a ridiculous, twisted interpretation from The Huffington Post’”‘

You expected it something different from HuffPo?

Disappointed with the WSJ comment, though.

Great article, though.