Sunday, February 20, 2011 - 4:35 PM

New BOA Customer

(4 stars)

Just opened a new checking account and savings account this past week. All of the staff in the bank were very friendly, explained everything about the accounts and took me step by step to decide what was best for me. I ended up getting a great rate on the savings account and a card for the checking account that was good for use the same day. Overall good experience.

samsa1 posts since
Feb 20, 2011
Rep Points: 2

1. Sunday, February 20, 2011 - 5:26 PM

What was the "great" rate on the savings account?

stormdog1236 posts since
Feb 20, 2011
Rep Points: 49

2. Sunday, February 20, 2011 - 6:32 PM

More than likely the "great rate" on the savings account was .05% as posted on their site.

Shorebreak538 posts since
Apr 6, 2010
Rep Points: 1,940

3. Sunday, February 20, 2011 - 8:21 PM

Who here believes the recent flurry of "I love my Megabank" reviews are for real? Is the average bank customer so completely detached from the reality of low rates and excessive fees to consider them insignificant? This site provides great comparative product & rate information, yet it seems to many an ATM on every street corner and hot looking tellers is the principal criteria in the decision process. No wonder Dimon and Moynihan rake in multi-millions with profits up 40-50% as they fleece the sheep. Apparently they've done an outstanding job of market analysis and deserve every penny.

CraigPD85 posts since
Jun 12, 2010
Rep Points: 298

4. Sunday, February 20, 2011 - 9:55 PM

The recent flurry of reviews appear to have been posted within several short time spans by first-time posters; I'm inclined to believe they're either faux or somebody's perception of satire...

Southwestern23 posts since
Jan 25, 2011
Rep Points: 92

5. Sunday, February 20, 2011 - 10:24 PM

I agree - it is frustrating reading these positive reviews of the mega-banks. I wish everyone would boycott these banks and force them to raise their rates to attract deposits. I guess most bank customers are idiots and more than willing to accept the crumbs these lousy banks offer them.

lou196 posts since
Aug 3, 2010
Rep Points: 1,171