Overdraft Fees at Bank of America
Allegations: Misrepresenting when and how many overdraft fees consumers will be charged
Bank of America Credit Cards
Case Name (Date)
Simmons et al. v. Bank of America, N.A.
22-cv-1126, C.D. Cal.
(Feb. 2022)
Product/Service
Bank of America Credit Cards
Allegations
Misleadingly representing that the bank would “offer assistance to qualifying consumer[s]” during the COVID-19 pandemic by deferring payments and refunding late fees and interest when the bank rejected customers’ requests for such assistance
Status
Pending
Class-Action Tracker
Bank of America’s ACH Transfer Fees
Allegations: Falsely representing that consumers must pay a fee to transfer money
Bank of America
Allegations: Preventing consumers from giving negative reviews of Bank of America on its website and app
Zelle Transfers on Bank of America
Allegations: Misleadingly marketing money transfers as safe and secure without disclosing that there’s a high risk of fraud and customers who lose money in unauthorized transactions are often not reimbursed
Bank of America’s Wire Transfer Fees
Allegations: Failing to disclose that customers will be charged fees on incoming wire deposits
Bank of America’s Overdraft Fees
Allegations: Misrepresenting when consumers will be charged overdraft fees
Bank of America’s Overdraft Fees
Allegations: Misrepresenting when consumers will be charged overdraft fees
Fees at Bank of America
Allegations: Misrepresenting when consumers will be charged overdraft fees
Zelle Money Transfers with Bank of America
Allegations: Misleadingly marketing Zelle as fast, safe, and secure without disclosing that accountholders who lose money due to fraud have no recourse for reimbursement of lost funds
Money Transfer Services at Bank of America
Allegations: Failing to disclose the risks associated with using money transfer apps, including that consumers who lose money due to fraud will not be reimbursed
Refunds of Bank of America’s Fees
Allegations: Falsely representing that it would provide accountholders with refunds of various bank fees during the COVID-19 pandemic when the bank systematically refused to provide refunds
Overdraft Fees at Bank of America
Overdraft Fees at Bank of America
Bank of America’s International Transaction Fees
Bank of America’s Overdraft Fees on Uber Transactions
Bank of America Overdraft Fees
The Latest
CATrends: Terms That Prevent Consumers from Posting Negative Reviews
Lawsuits take aim at so-called non-disparagement clauses.
Bank of America to Pay $727 Million in Deceptive Marketing Settlement
CFPB order provides refunds to consumers harmed by Bank of America’s practices.
Which Super Bowl Advertisers Have Run Afoul of Ad Laws?
A majority have faced false-ad challenges within past five years.
Bank of America
A direct mail advertisement by Bank of America promoting low refinancing rates for homeowners has some consumer advocates concerned the materials may be misleading. American Banker reported this week that…