Bank of America - Kicking out Advantage Customers
Thread DetailsLast Edited by adixyz April 6, 2016 at 05:09 AM
Platimum Honors: 100K+
The Bank manager told me there is no free safe deposit box for Gold customers anymore and either I pay the yearly rental or become a Platinum Honors customer (100k plus). Really? Why should I maintain 100K balances in one bank just to get a 3x5 safe deposit free and a 20% rate booster on the money market interest (0.06% Vs 0.04%)? And no transparency of mentioning a free safe deposit box or rates with these accounts on this brochure.
I have only 3 weeks left to either find a new bank that offers a free deposit box and move out of BOA. That will be breaking a 15 year relationship and I am not happy with them. Typically safe deposit boxes are made available on first come basis and there is a wait list in some areas.
Not sure if any of you guys got this, but please share your experience and what options you are considering.