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Debit Card Fraud Resolution Problems At Bank Of America

Monday, November 1, 2010 - 8:29 PMBank of America - Details
The Consumerist reports on a problem one of its readers had when he was hit by fraudulent debit card charges from his Bank of America checking account. According to the reader's story, Bank of America first reimbursed him for the fraudulent charges, but later decided to reverse those reimbursements. Due to his low balance, he was also hit by overdraft charges.

Of course there may be more to the story than what is mentioned, but it does show the problems that can occur with a debit card. Even Bank of America's highly-advertised $0 Liability Guarantee may not be enough.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708