Recap: Frozen Bank of America Account, Wyndham Timeshare Packages & More

  • Kroger’s California subsidiary to bar Visa credit cards amid fee dispute by CNBC. They are considering expanding the ban as well. This isn’t that unusual to see, just positioning for better rates from Visa.
  • Bank of America questions customer’s citizenship, freezes accounts by KCTV News 5. Pretty poor by Bank of America not to follow up before closing accounts. Also it seems weird that he was just able to tell them he was a citizen over the phone and then they reinstated the account, what possible purpose does that serve? I understand that up to date records need to be kept but for long term customers especially Bank of America should be more proactive before an account is frozen. Hat tip to reader Feb S

 

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