Friday, May 1, 2009

Ditched Bank of America

Yea!!! I finally ditched Bank of America once and for all. I'm so excited to have broken a financial relationship that had become so toxic. Foremost, I am grateful to my friend, Sue, who pointed me in the way of the local credit union. Like most politically charged liberals, I am pissed at all the bailouts for companies whose primary goal is executive pay and bonuses. I got tired of hearing all of them come in and ask for money and then turn around and shit on it. We work hard. They just go to meetings to find ways of ripping off the working folk. Through it all I watched the car companies be held accountable but not the banks. They needed and got special treatment. They got to fail at their job, keep their job, and with their heads held high (morally corrupt bastards), as if it wasn't their doing, ask us for money to fail again.

For us, it all started with a letter. Bank of America sent my parents and me a letter about raising the interest rates, because like states in the tiniest fine print at the very last paragraph of the back page of your statement, "they can exercise their right to do that at any time." Not only were they raising the rates on the credit card but they were instituting new fees,
  1. a transaction fee per credit card usage, both for cash advances and purchases,
  2. a transaction fee if you overdrew from your checking to savings account,
  3. a fee just for having a checking account,
  4. a fee just for having a savings account.

Not to mention that they had been charging me erroneous fees for the past few months that I had to keep calling them to take off. So after banking with them for 18 years, I cancelled all of our accounts with them. And I am proud that I will not be bullied by a big banker anymore. They can get their moneys from other idiots but they won't get it from me.

So good bye Bank of America. I only wish you bankruptcy. Unless you fully become nationalized.

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