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There have been a lot of changes lately, mainly regarding its recent MBNA absorption. As a consequence, several threads with similar concerns were created.
Also, there are usually quite a few juicy offers which are spread around.

These are the two main reasons why I am trying to put all the eggs into one basket, in the hopes they won't break, though. My goal for this thread is to become a centralizer for all current deals and issues.

Here we go:

1. MBNA-BofA systems merger:

Nationwide BofA systems merger and some Yodlee implications
mbna And BOA Credit Cards To Become FIA Cards
How to access MBNA cobranded cards
Post-merger MBNA BillPay concerns
Payment of former MBNA cards from external checking accounts
Issues with MBNA BillPay after opening a new checking account
Post-merger MBNA BillPay concerns, this thread ended up being updated throughout the days of merger
A logical question: can it be possible to consolidate former BofA and MBNA cards?
MBNA ShopSafe seemed not to work properly for some time
About resuming ebills of former MBNA cards

2. BillPay issues

General discussion
Overusing BillPay can cause accounts closure
An interesting BillPay feature: can pay MBNA cards even during week-ends
BofA Online Payments SNAFU - A Surprising solution that may work for some of you

3. Promos

Unfortunately it seems that BofA promos have died up on December 31st, 2006.
Still going: Keep the Change (100% match for the first 3 months) and affiliate high-yield savings accounts.
$50 for a new CampusEdge account - No longer available
New $50 CAmpusEdge Checking promo: enter code CAMPUSCASH when opening it online
Free Second BofA checking account
Expired $100+$100 for opening personal and biz checking accounts
$125 for opening a checking+ savings combo
An expired offer for $250 when you opened a new checking account
$100 for opening a new checking account
$100 for opening a new checking account (2 offers for MBNA customers)
$50 for opening a new savings account
$15 offer for test driving online banking
A way to open FREE checking accounts - it doesn't seem to work for everyone, proceed with caution!
Another $50 for opening a new checking account

4. Other promos and deals:

5% EVP card for 6 months!

Link to BofA card with $75 statement credit for purchases of $25 in 45 days


Link to No BT Fee 0% CC deals! (credits to markkundinger)

$250 Keep The Change Thread
$75 bonus for opening a WorldPoints MasterCard

30 Free monthly trades at BofA, $25K min bal

4.4% CDs: better than nothing when depositing large checks

Smoking Hot boa now has mmA which pays as high as 5.37%
mbna Money Market Deposit Account 5.00% APY
Very YMMV 11 mo 5.9% CD for Premier and Private Banking customers


5. Current issues:

BofA is phasing out the free checking accounts with no Direct Deposit

fidelity MBNA 529 card dropped their kickback to 1.5%

Finding cycle CLOSING date in advance for BofA CC accounts

The recurring issue of some people having opened BofA cards for them without requesting one

Requesting online Credit Line Increases

Former BofA cards can be used with MBNA BillPay

Any others current issues you are encountering ?




Please add suggestions and new info (eg: updates, expired offers etc) in the next messages as well as in the Quick Summary. Thank you!

Member Summary
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It's a Bank of America card, accessed via bankofamerica.com.

jazzhands (Feb. 29, 2008 @ 8:13a) |

Has anyone had negative experiences with high utilization on BofA cards?

I've been good and keeping it under 90%, but it'... (more)

sechs (Apr. 07, 2008 @ 12:22p) |

I opened an account with the CH100CTA code in March 2007. BOA charged a monthly service charge in May 2007, April 2008,... (more)

ProfessorB (May. 17, 2008 @ 8:30a) |

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

Bank of America puts a hold on cash deposits.

Check Your Credit Card Application Status

Checking & Savings Account Services and Information
Change state if necessary.

The no BT fee, 0% APR offers are dead. (mojoshtudd)
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Kudos to you for the effort, thanks!

Thank you, BOA customer service is awful to put it mildly. But, I have several accts. with them.

Thanks OP. I was thinking about this yesterday of doing the same thing you did...This is Awesome!

How about the ....
WTF !!! BofA teller opened a CC for me without my permission

Here ....
and
Here.......

I dont think we have an informative thread on reallocating credit lines from MBNA to BofA cards

SUCKISSTAPLES said: I dont think we have an informative thread on reallocating credit lines from MBNA to BofA cards
I just did this yesterday, moved about 20k from my Worldpoints card to an older BofA card to utilize the 0% convenience checks offer. I asked the CSR if this could be done online and she said the facility is not available yet.

The $100+$100 for opening personal and biz checking accounts promo expired July 15, 2006.

And yet another Bank Of America offerText

I do have a question:

Whenever I see this in the fine print:

Limit one $XX.XX incentive per household every 60 days.

Does that mean I can open other incentives at that time? or, am I limited to one incentive, in total, every 60 days?

My feeling is that one can only use a particular incentive (MYA100) every 60 days, but is not limited to the number of other incentives opened at any particular time.

Make sense?

BankofGreed said: I do have a question:

Whenever I see this in the fine print:

Limit one $XX.XX incentive per household every 60 days.

Does that mean I can open other incentives at that time? or, am I limited to one incentive, in total, every 60 days?

My feeling is that one can only use a particular incentive (MYA100) every 60 days, but is not limited to the number of other incentives opened at any particular time.

Make sense?


I think so too..I open three accounts within a month time frame. I got the first 100 already..Currently, i'm inquiring about the two other accounts bonuses. I will update when i get it.

nope its any 1 promo in 60 days

I'm in New York...is there a way to get "My Access Checking" without the direct deposit requirement? I checked the link on this thread...it says "Texas Residents Only"....anyone know a way (or a link) that would work for me?

Strangely, it worked for me, even though I'm not a TX resident. But you can classify this as YMMV.

People say it can't be done, but I was able to reallocate credit between two BofA cards. I had to call 3 times to get a CSR who didn't say no, but in the end, they are able to do this.

THis was on the web page, I can't really tell exactly what the terms are. THe "extend through...October 2007" is what I don't get. My guess is they are saying if you do 2 balance transfers by statement close Jan. 2007, your 0% is extended through October. If only one its through January. (Before someone says "what did they say when you called them", I haven't called them.)

EDIT: OK, I just emailed them for a clarification...


"† The promotional Annual Percentage Rate (APR) offer for Balance Transfers and Check Cash Advances is 0% through your statement Closing Date in January 2007. These promotional rates will extend through your statement Closing Date in October 2007 if a new Balance Transfer or Check Cash Advance posts to your account on or before your statement Closing Date in January 2007. However, your promotional rate period may end sooner. If any Total Minimum Payment Due is not received by the Payment Due Date, then as of the first day of the next billing cycle, the promotional period will end. Thereafter, the APRs for all new and outstanding Balance Transfers and Check Cash Advances will be increased to indexed rates that vary according to the terms disclosed in your Account Agreement, as is or may be amended ("Agreement"). These rates may also be increased to the Default Rates as disclosed in your Agreement. If the Default Rates are applied, your account will no longer have variable APRs that fluctuate according to an index and margin.

We will allocate your payments to balances (including new transactions) with lower Annual Percentage Rates (APRs) (including zero percent) before balances with higher APRs.) Please note that the promotional 0% APR does not apply to purchase transactions. The effect of payment allocation means that you would need to pay your New Balance Total in full and on time to take advantage of the grace period on purchases. Borrowing the full amount of your available credit may result in an overlimit fee, as applicable.

There are no transaction fees for balance transfers. However, effective as of 01/2007, each balance transfer is subject to a 4% transaction fee between $10 and $90 and the Minimum Finance Charge is $1.50.

§ Available credit amount may not include recent purchases, advances, or transfers. When determining your transfer amount, be sure to plan for applicable fees and finance charges (see your account agreement for details)."


A BOA "horror story"...i applied for MyAccess Checking online (through the link to get it without the Direct Deposit Requirement)....

i have been officially rejected by BOA (I called the application line)....first bank in all my years of banking to do that! Seems they have a "problem" verifying who i am...so, for my "protection" i am not permitted to open up my account online, i must go to a BOA branch with photo id and utility bill to prove who i am before they will grant me the privilege of opening an account with them!

So even though they did a "hard pull" on me through trans-union (i have a perfect credit report with all 3 of them) and had my NY State Driver's ID number on my application....and my Social Security Number, and called me on Friday from their Security Department to "verify" my identity, and asked a lot of stupid questions about locations i have never lived at in my life...and names of people who i never knew in my life....they did ask me about my familarity with a particular address (it's the address i use to live at) and i verified that it was indeed my previous address.

"They" can't properly identify me well enough to open an online account for me...
What a wonderful...."customer service" oriented bank BOA is

By the way, they never even bothered to e-mail me about the rejection....if i hadn't phoned them i never would have even known what happened.....Do they really think i would now go into a branch and open an account with them (aside from the fact that i wouldn't be able to use the promotion code).....I think not....

How about this, just discovered you can pay a BOA card with a BOA Card! Log into BOA click on ebills then select add merchant pick BOA consumer loans enter account number, once it's set up click pay now, now pick your BOA funding account to pay the BOA account you just entered, now you can keep going back and fourth without ever paying anything, whats the worse that can happen? they close your accounts and tell you to pay your balance

TonySpero said: How about this, just discovered you can pay a BOA card with a BOA Card! Log into BOA click on ebills then select add merchant pick BOA consumer loans enter account number, once it's set up click pay now, now pick your BOA funding account to pay the BOA account you just entered, now you can keep going back and fourth without ever paying anything, whats the worse that can happen? they close your accounts and tell you to pay your balance
Please report back later...

whats the worse that can happen?

3% fee, 25% interest, no refund because it was obvious and intentional what you were doing, all accounts closed, loss of credit lines, loss of aged cards, account closed by creditor showing up on credit report?

What is the most anyone has ever funded a new account with via credit card? I did $500 on a new checking account with no problem. Should have tried $1000!

Please remove the campusedge a/c promo. The deal has expired.

Cheers!

asdf9876 said: whats the worse that can happen?

3% fee, 25% interest, no refund because it was obvious and intentional what you were doing, all accounts closed, loss of credit lines, loss of aged cards, account closed by creditor showing up on credit report?


It was a half sarcastic post, but it is possible to do, I don't know why the system allows it, but what I have done and continue to do with no problems is pay BOA cards with my Charles Schwab Visa.

new offercode for $50 campusedge checking bonus is CAMPUSCASH, got it through an online specialist

Here are the details on CAMPUSCASH, $50 bonus for new CampusEdge checking.

2) You will receive your $50 credit to your new account within 60 days of opening your new CampusEdge® checking account online and enrolling in Bank of America's Online Banking. (Student checking product is MyAccessTM CampusEdge® in Washington and Idaho.) Limit one $50 incentive per customer. Offer valid only for new checking accounts. We may report the value of any premium to the IRS. You must use the offer code “campuscash” when opening your new checking account in order to qualify for this offer. Your new CampusEdge Checking account must be opened and approved and your Online Banking account opened by 12/08/2006. Your checking account application will be processed within 1 to 2 business days. You will receive an email letting you know if you are approved for your account. CampusEdge Checking account processing and the receipt of your debit card number and PIN (Personal Identification Number) can take up to a maximum of 12 business days. At that point, the customer is eligible to open an Online Banking account immediately. Offer may be withdrawn or modified at any time without notice. The $50.00 credit can only be made to your new account. This new account must be still open at this time to receive your $50.00 credit.

There is also a sweepstakes if anyone is interested:
http://www.bankofamericapromotions.com/freecash/officialrules.aspx

How can there be no mention of the Power Rewards Business card? If I am not mistaken, it is currently the only uncapped non-tiered 2% all-purchase rebate card available. You'd have to be a hefty spender to reach the 2% redemption level but this is an excellent card from Bank of America for people who charge $$$ each month.

I signed up for the NEA Money Market Savings and linked it to my MYACCESS checking account....i just got my first statement online, and fortunately, for me it went smooth and i did get the proper interest rate with the 1% bonus on top of it (that you get the first 3 months).....

I did get one little surprise though...i noticed on the statement, it mentioned that beginning with the February 2007 statement cycle, there will be a $12 monthly maintenance fee on the NEA Savings Account unless you maintain a minimum monthly balance of $2500....Thinking that maybe they were talking about BOA's standard money market account, i called the NEA specialist line at BOA (the phone # you see at the NEA website)....as you know, currently, the monthly maintenance fee is waived on the NEA no matter what your balance is...

According to the CSR i spoke to...all NEA Money Markets opened prior to Sept 22nd 2006 (when MBNA merged with BOA) will remain with no min balance requirement to avoid a fee....However all NEA Money Markets opened after that date, while currently having no min balance requirement, WILL have a minimum balance requirement of $2500 per month (to avoid the fee) which is just like BOA's standard money market account....The actual interest APY will not be affected by this, however....and remain the nice high yield it is now (that's the good news)...

Has anyone else heard about this?....i would have no problem maintaining the minimum of course, but i was a bit surprised to learn of this...

Craig,

My guess is that if they will be requiring a $2500 minimum balance starting in February then this is when the previosu NEA Bank of America contract expires and a new contract will start which will convert the interest rates to non MFR Average rates like they did for Chemistry.Org, Defenders and other affinity groups. These rates still pay quite attractive yields up to 5.19% currently with 3% being the lowest yield and 4.82% offered for $2500-$10,000 in deposits. Also, why the CSR said interest rates would not be affected by the new minimum balance requirement and that previous customers would be grandfathered in, my guess is that previous customers won't have to pay the $12 monthly service fee but will only earn 3% and other customers with $2500 or more will earn anywhere from the current 4.82% APY to 5.19% APY. I could be wrong on all of this but since Bank of America delinked all of their other MBNA Money Market accounts from the MFR average except AAA and NEA, I am willing to go out on a limb and guess that these 2 groups will have their interest rates delinked from the MFR Average as well.

Also, on a side note, if you have $25,000 or more in deposits with Bank of America you can change your MyAccess Checking account to a Bank of America Advantage account and then you will avoid the minimum balance requirements on up to 2 additional savings (ie money market) and 2 checking accounts. So if the rest of my information above does not turn out to be true then this is another way to get around the maintenance fee.

@g10ny:
If I'm not mistaken, the CAMPUSCASH code is for friend referral and NOT a special code to get free money. One can get 10 bucks per referral upto a maximum of $50.
You might want to update your post.

Cheers!

I just got this new offer in a sidebar on my online banking web page.
Open a free MyAccess checking account. Use code 'FREECHECKING' on the application.

Check this link for more details.
I'm sorry if it's a repost.

Cheers!

gforce84 said: @g10ny:
If I'm not mistaken, the CAMPUSCASH code is for friend referral and NOT a special code to get free money. One can get 10 bucks per referral upto a maximum of $50.
You might want to update your post.

Cheers!


2) You will receive your $50 credit to your new account within 60 days of opening your new CampusEdge® checking account online and enrolling in Bank of America's Online Banking. (Student checking product is MyAccessTM CampusEdge® in Washington and Idaho.) Limit one $50 incentive per customer. Offer valid only for new checking accounts. We may report the value of any premium to the IRS. You must use the offer code “campuscash” when opening your new checking account in order to qualify for this offer. Your new CampusEdge Checking account must be opened and approved and your Online Banking account opened by 12/08/2006. Your checking account application will be processed within 1 to 2 business days. You will receive an email letting you know if you are approved for your account. CampusEdge Checking account processing and the receipt of your debit card number and PIN (Personal Identification Number) can take up to a maximum of 12 business days. At that point, the customer is eligible to open an Online Banking account immediately. Offer may be withdrawn or modified at any time without notice. The $50.00 credit can only be made to your new account. This new account must be still open at this time to receive your $50.00 credit.

Edit to Bold

Thanks Joe1690...that was very helpful.....it did come in bit from "left field" as i wasn't expecting it....i had just got this new account about a week and the statement closed out...was so happy to see the excellent rate...and then i read that part about "starting next february" business....sounds like it's going to be structured more like the AAA account...he didn't say anything about tiers changing...but who knows if he had all the info yet.....

mjohns2 said: Your new CampusEdge Checking account must be opened and approved and your Online Banking account opened by 12/08/2006.
Thanks for the info. But my friend used the same code for opening an account under the campus referral scheme! They're probably lazy enough to re-use the same code for multiple promos.

Plus, I just noticed that your promo ends tonight.

only 1 comment....it would be nice if some of these threads were easier to find rather than having to be bumped...worthy of a sticky?

You may ask for it, it will be up to the mods and Tim, but StapIes is already sponsoring FW. If we do this, it's just a step before I will change my username to BOFASUX.

Edit: or BofAmyPetPeeve or similar

nm

I've seen it mentioned that you can chat online with BoA customer service. Where is the link for this? I've looked all over and cannot find it.
Thanks

AFAIK, it should be enough to hover around an option on the website (for instance, close to opening a new account). Usually, a new window asking if you want to chat with a BofA person will pop up.

Skipping 212 Messages...
dustin72 said: busterbaxter said: jlgrandam said: busterbaxter said: dustin72 said: FYI, I was charged $5.95 this month for the supposedly "free" checking with no DD under offer CH100CTA. I sent a message to customer service, referencing the offer text & chat that are posted in prior messages in this thread. Hopefully they remove it, otherwise I will be liquidating my account (and opening another in 6 months).

same for me, and for some others in the BoA $100 FWF thread too. I called in and the lady apologized and fixed that. She said she saw the CH100CTA code in my account and a waiver code was supposingly applied to remove any monthly fee. (I have never done a DD to this account.) The next day it was refunded. Who knows if it's gonna creep in next month! If not for the KTC program I will close this soon.


Same thing happened to me, they refunded next day and told me the fee would not be charged from now on.


I don't trust them. I ended up having my workplace DD $1 to my BoA account every month. For me it is an easy step to avoid any future hassles and lost of time (calling, transferring, waiting, etc...)


Update: since that first snafu, there have been no other charges for no DD with this offer. So they fixed the glitch.


I opened an account with the CH100CTA code in March 2007. BOA charged a monthly service charge in May 2007, April 2008, and May 2008. Each time I got a refund and the phone rep stated that he/she was fixing the coding to make sure it wouldn't be charged again. I requested to close the account after the third time.



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