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B Of A Fee For Coin Deposits

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Author Previous TopicReplies: 12 / Views: 1,554Next Topic  
Pillar of the Community

United States
521 Posts
 Posted 02/21/2013  7:20 pm Show Profile   Bookmark this topic Add johnny676767 to your friends list Get a Link to this Message Number of Subscribers
I've been CRH for a few months, mostly nickels and I do 2-5 boxes a week. I am a bank of america customer (savings, checking, credit and they even bought my mortgage 2 years ago). I move around from branch to branch so as not to make myself too much of a nuisance. For the first time today, a teller told me there is a fee for loose coin deposits: $3 if the bag has the same type of coin and $5 if it's mixed. I talked with the manager and she said this has been in place for 2 years. They did waive the fee today but this is the first I ever heard about this. I checked my account and I haven't been charged fees before. Anyone know about this or have a similar experience?
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36724 Posts
 Posted 02/21/2013  7:50 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
BoA is one bank I will never be a customer of.
Valued Member
Fatman's Avatar
United States
362 Posts
 Posted 02/21/2013  8:31 pm  Show Profile   Bookmark this reply Add Fatman to your friends list Get a Link to this Reply

Quote:
BoA is one bank I will never be a customer of.





Amen to that Bro !
Valued Member
Trent C's Avatar
United States
166 Posts
 Posted 02/21/2013  8:33 pm  Show Profile   Bookmark this reply Add Trent C to your friends list Get a Link to this Reply
I pick up my coins at one BoA and drop them off at another BoA and they never give me a rough time.
Valued Member
Trent C's Avatar
United States
166 Posts
 Posted 02/21/2013  8:37 pm  Show Profile   Bookmark this reply Add Trent C to your friends list Get a Link to this Reply
BoA will give you big bags to fill up with coins and you just right how much is in the bag and what kind of coin and they deposit it into your account. They never charge me fees thow.
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 02/21/2013  9:04 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
I agree that b of a is just not that customer oriented. I too had them a few years ago and was doing free coin bag drops a lot but then the few came. But not only that I have met a lot of greedy tellers that had silver in the tray and when asked gave me stuff below the tray ...
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zookr's Avatar
United States
335 Posts
 Posted 02/21/2013  11:54 pm  Show Profile   Bookmark this reply Add zookr to your friends list Get a Link to this Reply
Wells Fargo & Chase are right behind these (BoA) crooks -
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NathanASE's Avatar
United States
1511 Posts
 Posted 02/22/2013  12:47 am  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
Wow... I have a BOA account now... And while I don't roll search through them I've had nothing but problems since day one! HORRIBLE BANK!! I've literally been on the phone with them over 10 times in the last 2 days... Or actually I was on hold for the majority of that time... But they made the mother of all screw ups... And charged me $104 for THEIR MISTAKE! And there telling me it's non Refundable no matter what.. Really long story that I don't feel like typing but complete BS... I've been irate the last two days.. As soon as my tax returns get auto deposited its getting withdrawn and the account closed... Faster than they can blink. And I am going to tell them the heck off and give them a piece of my mind when closing the account.. Uugh I hate them!!
I wouldn't recommend them to ANYONE!! Even without the problems fee after fee, rediculious rules.. Uuugh.. Just BS! For instance my fiancé & I have a joint account and it's an "paperless" online checking account... And to cash a PAYCHECK in the ATM you can only get $500 up front.. Even though its a paycheck from a company... And since its an "online" account if you need the whole amount and try to cash it in the bank there's a $12 charge!!! And checks for a checking account are $19-$23... Wow... The list goes on and on... HORRIBLE bank!!
Valued Member
j-win's Avatar
United States
360 Posts
 Posted 02/22/2013  01:56 am  Show Profile   Bookmark this reply Add j-win to your friends list Get a Link to this Reply
I hate banks so much. The coin collectors should have all the money and let bankers buy from us occasionally. Then WE can be rude to them!
Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 02/22/2013  06:38 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I agree, they should bend over backwards for us collectors, and take losses for our gain.
Never have had a problem with BOA, minimum balance in my checking acct, have never wrote a check, have ordered coin, never any fees. Policy varies branch to branch and they will make up policy as they go along, if they want to get rid of you.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Owassokie's Avatar
United States
622 Posts
 Posted 02/22/2013  09:50 am  Show Profile   Bookmark this reply Add Owassokie to your friends list Get a Link to this Reply
I've never had a big issue with BofA. I opened an account to help with CRHing. Mega banks have been the best about not blinking an eye at the amount of deposit or requested coin. That's a big plus. That said, I would never have my family checking at a mega bank. Most small and regional banks offer free checking with reasonable terms. Most of the mega banks offer "free" checking but the terms are horrible. They get you to open an account, you figure out all the little fees are eating you alive so you suffer (because you don't want to change deposits or auto withdrawals) or switch to one of their other tiers. At least that's the business model. I'll pass.

OO
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tgauchsin's Avatar
United States
344 Posts
 Posted 02/22/2013  7:35 pm  Show Profile   Bookmark this reply Add tgauchsin to your friends list Get a Link to this Reply
Not only that, Owassokie, but after you've finally had enough and decided to close your account - if you have not had it opened at least 180 days - they charge you an "Early Account Closure Fee."
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SDcoinguy's Avatar
United States
2424 Posts
 Posted 02/22/2013  7:46 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list Get a Link to this Reply
I agree that b of a is just not that customer oriented. I too had them a few years ago and was doing free coin bag drops a lot but then the few came. But not only that I have met a lot of greedy tellers that had silver in the tray and when asked gave me stuff below the tray ...
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