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Old 12-29-2006, 10:03 AM
scfr scfr is offline
$ Saving College Junior
 
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Default Re: AAA Bank of America MMA

Here's a negative update on our BofA AAA account: We mailed in an additional deposit recently. BofA will post part of our deposit 5 business days later, and the balance of our deposit 7 business days later. The check we mailed in cleared our bank immediately. That means 1 or 1-1/2 weeks with our money sitting in limbo land earning no interest whatsoever. MBNA posted deposits much more quickly, within a day or two. Looks like we will be saying "Sayonara" to BofA as well.
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