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Verify payment account with Bank of America? really?

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Closingracer99
Valued Contributor

Verify payment account with Bank of America? really?

Well this is a first ... Have to wait 2-3 days to verify my bank account with them ? luckily I didn't decide to set my account up 2 days before the bill is due lol


My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
Message 1 of 7
6 REPLIES 6
jim44
Established Contributor

Re: Verify payment account with Bank of America? really?

June was the first time since 2010 that I had a BOA cc and I don't remember having to verify an account.... but I must have as I had to do it again this time. One good thing about BOA and any local bank, you can pay at a branch office. 

Message 2 of 7
Closingracer99
Valued Contributor

Re: Verify payment account with Bank of America? really?


@jim44 wrote:

June was the first time since 2010 that I had a BOA cc and I don't remember having to verify an account.... but I must have as I had to do it again this time. One good thing about BOA and any local bank, you can pay at a branch office. 


Don't have any Bank of America branches near me. They have a building near me but it is only ATM's 


My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
Message 3 of 7
navigatethis12
Valued Contributor

Re: Verify payment account with Bank of America? really?

I'm actually surprised other companies don't have you do this. You could easily have stolen someone's chequebook and used their information.
Message 4 of 7
Anonymous
Not applicable

Re: Verify payment account with Bank of America? really?

I have a loan out with BOA. The same thing happened to me, thought my first payment would be late, but the rep I spoke with said I actually have an additional 2 weeks from the first payment date to make a payment, thank goodness. I'm not sure if this applies to their credit cards though.

Message 5 of 7
Hockeyplayrr
Frequent Contributor

Re: Verify payment account with Bank of America? really?

i've only ever had alliant and penfed have me verify. 

Credit Scores: Equifax - 744 (Oct FICO) | Experian 736(Oct Fico) | Transunion - 755(Oct Fico)

Credit Lines: Diners Club 20k | Penfed Plat Rewards 7k | SDFCU 5k | Amex BCE - 10.5k | Chase Freedom 4.5k | CSP - 10.6k | Discover IT - 9k | Sallie Mae 3.8k | BofA 123 - 4.9k | CITI Double Cash 9.1k | Total Rewards 3.25k
Message 6 of 7
SunriseEarth
Moderator Emeritus

Re: Verify payment account with Bank of America? really?


@Closingracer99 wrote:

Well this is a first ... Have to wait 2-3 days to verify my bank account with them ? luckily I didn't decide to set my account up 2 days before the bill is due lol


Eh.   I'm curring doing this for my auto loan with Chase (Mazda Capital Services) and I had to do that with Scottrade.   Both companies have an "Instant Verification" feature that doesn't work well with my CU.  



Start: 619 (TU08, 9/2013) | Current: 809 (TU08, 3/05/24)
BofA CCR WMC $75000 | AMEX Cash Magnet $64000 | Discover IT $46000 | Disney Premier VS $43600 | Venmo VS $30000 | NFCU More Rewards AMEX $25000 | Macy's AMEX $25000 Store $25000 | Cash+ VS $25000 | Altitude Go VS $25000 | Synchrony Premier $24,200 | Sony Card VS $23750 | GS Apple Card WEMC $22000 | WF Active Cash VS $18,000 | Jared Gold Card $16000 | FNBO Evergreen VS $15000 | Citi Custom Cash MC $14600 | Target MC $14500 | BMO Harris Cash Back MC $14000 | Amazon VS $12000 | Freedom Flex WEMC $10000 | Belk MC $10000 | Wayfair MC $4500 ~~
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