Bank of America used really shady practices for people who withdrew from their accounts with debit cards. What they did is instead of posting transactions in correct time frame by date, they posted transactions in order from highest withdrawal to lowest withdraw.
Because of this, if your account was say, $1000. And then you withdrew $200, then $300, then $500 and then $1000 - you would get 3 overdraft fees instead of 1.
Now as a poker player this actually screwed me over multiple times, especially in conjunction with this thing bank of america did where for some reason they would say that my check had cleared and update my account balance online but not actually put the money in my account. Then I would withdraw money that made me overdraft because the money from my check always took 10 million years to get the money into my account.
These 2 things in conjunction actually ended up costing me hundreds and hundreds of dollars, because for a while I had to pay bills and I would be cutting it really close on how much money I had in my account, and then Bank of America would fuck me over and overdraft fees would add up like mad and I'd have no way to pay back my negative account. Sometimes I'd know I was probably going to get 1 overdraft fee and prepare for it but then because of what this class action lawsuit is about I would get 3 or even 4 overdraft fees and it put me in deep shit financially.
So, long story short, fuck bank of america, I am definitely joining this Class Action. It sounds like I might get $50-$100 out of it or something.
Well, actually, according to the postcard - I am already included in it. I don't even have to do anything. Cool.