$10,000 cab ride
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A great example of why I will never again do business with BofA. I learned my lesson in 1978. My daughter banks there now, despite my pleas to find some other bank.
"You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell
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Decades ago I had just started a new job and was basically living hand to mouth. I got my first paycheck and it was drawn on Bank of America. I needed that money just for gas to get home, so I went into the BoA to cash the check. They wouldn’t do it unless I had a Bank of America checking account. Spent 15 minutes arguing with the manager about it. So I opened the account by depositing the check. It took 20 minutes of paperwork. They cleared 20% for cash and brought it over to me. The manager smiled and said “There, that wasn’t that bad…” I smiled and said “Not bad at all… Now who do I see about closing the account?” After they gave me my money, I smiled at the manager and said “There, that wasn’t that bad…” I have never stepped foot in a BoA since.
The Brad
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A great example of why I will never again do business with BofA. I learned my lesson in 1978. My daughter banks there now, despite my pleas to find some other bank.
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Decades ago I had just started a new job and was basically living hand to mouth. I got my first paycheck and it was drawn on Bank of America. I needed that money just for gas to get home, so I went into the BoA to cash the check. They wouldn’t do it unless I had a Bank of America checking account. Spent 15 minutes arguing with the manager about it. So I opened the account by depositing the check. It took 20 minutes of paperwork. They cleared 20% for cash and brought it over to me. The manager smiled and said “There, that wasn’t that bad…” I smiled and said “Not bad at all… Now who do I see about closing the account?” After they gave me my money, I smiled at the manager and said “There, that wasn’t that bad…” I have never stepped foot in a BoA since.
@lufins-dad said in $10,000 cab ride:
Decades ago I had just started a new job and was basically living hand to mouth. I got my first paycheck and it was drawn on Bank of America. I needed that money just for gas to get home, so I went into the BoA to cash the check. They wouldn’t do it unless I had a Bank of America checking account. Spent 15 minutes arguing with the manager about it. So I opened the account by depositing the check. It took 20 minutes of paperwork. They cleared 20% for cash and brought it over to me. The manager smiled and said “There, that wasn’t that bad…” I smiled and said “Not bad at all… Now who do I see about closing the account?” After they gave me my money, I smiled at the manager and said “There, that wasn’t that bad…” I have never stepped foot in a BoA since.
What made you choose to undergo that process at a BoA rather than going to another bank and try your luck there? Was BoA your only option at the time?
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