Bank of America Reno Nevada Review

Do not under any circumstances open BofA’s savings or money market accounts. They will target you for this if you deposit large sums. In our case, we deposited a large inheritance and they convinced us these accounts were a “good investment””. The problem is this. Average working citizens have busy lives

and when you bifurcate your funds between accounts like this it makes it statically four times as likely to overdraft. This would be okay

if the interest earned on the accounts offset the risk of overdraft. But the banks know that everyone overdrafts

its simply the case that some people overdraft a lot and others

who are more responsible

Do not under any circumstances open BofA’s savings or money market accounts. They will target you for this if you deposit large sums. In our case, we deposited a large inheritance and they convinced us these accounts were a “good investment””. The problem is this. Average working citizens have busy lives

and when you bifurcate your funds between accounts like this it makes it statically four times as likely to overdraft. This would be okay

if the interest earned on the accounts offset the risk of overdraft. But the banks know that everyone overdrafts

its simply the case that some people overdraft a lot and others

who are more responsible

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