Bank of America: Drop the Fee or Get Dropped!

by: Consumers Union

recipient: Bank of America CEO Brian Moynihan

Bank of America took $45 billion in taxpayer money just a few short years ago when its risky business practices nearly drove it into the ground. And what was your "thank you?" A $5 fee every month just to access your own money.



Shortly before announcing this new fee, BofA launched a massive ad campaign designed to burnish its image. But the bank's image problem can't be solved by ads. The company needs to provide a good service at a reasonable price. It needs to listen to consumers and treat them fairly -- or face the consequences.



Some in Congress recently demanded a Justice Department investigation to make sure the banks aren't colluding on new fees. Keep the heat on by telling Bank of America to the drop the fee, or consumers will drop them!

read petition letter ▾



We're not happy about that fee and we want you to know. BofA customers deserve good service at a reasonable price, or we'll be forced to take our business elsewhere.



(Your Comments Here)



Bank of America, drop the fee before you get dropped by your customers. After Bank of America took $45 billion in taxpayer money just a few short years ago, the "thank you" your customers received was a $5 fee just to access their money.We're not happy about that fee and we want you to know. BofA customers deserve good service at a reasonable price, or we'll be forced to take our business elsewhere.(Your Comments Here)Bank of America, drop the fee before you get dropped by your customers.