Every time I try to break up with my bank, this happens

It’s just impossible to break up with my bank. I really REALLY want to, but I can’t get up the nerve to finally walk out the door. It’s a terrible relationship. But I have too much invested, too much history… and it’s too easy to stay.

I can’t be the only one, right? Have you ever broken up with a bank? Is there life on the other side?!Β Words of encouragement are greatly appreciated… πŸ™‚

P.S. It’s Bank of America. But you could’ve probably guessed that.


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12 thoughts on “Every time I try to break up with my bank, this happens

  1. Kate @GoodnightDebt

    I’ve broken up with several banks. Big and small, but never an online bank. If you have a lot of linked accounts, it’s easier to do the transition gradually so you don’t forget an account and heaven forbid miss a payment. You can do it!!

  2. Jack

    I’m trying to get away from Wells Fargo and I feel like I’m sneaking away. First pay off the credit cards, then once I quit my job I’ll close my individual account (because with my company, it’s easier to wait than change my direct deposit, seriously) and then we’ll decide on the joint and the savings account…

      1. Jack

        That’s the sad part – I already have accounts at two local credit unions! One is almost three years old. I just find that actually switching everything is such a hassle, and even now when I’ve got most things switched over, I’m paranoid about missing one and failing to pay a bill…

        1. Laura

          I recently broke up with Wells Fargo. I had a joint account with my husband at a credit union and I became tiered of Wells Fargo ripping me off. It feels good to be free!

  3. Vanessa

    The timing of this is so perfect – my husband and I were just discussing how to break up with our bank last night. I dread it as I have ALL of our bills all nicely set up for auto pay…I am familiar with the system…the reports are all established. They really do “entangle” you in such a way that its hard to leave!! I can’t wait to share this with my husband. Thanks for making it laughable when we were starting to bicker over it πŸ™‚ And thanks to the comments for great advice!

    1. Stephanie Halligan Post author

      It’s a nasty process, so I’m glad it could make you laugh a little about it! πŸ™‚

  4. Chas

    I have ‘broken-up’ with several banks over the years. Small ‘community banks’, merely because I moved and it was impractical for them to continue servicing my needs, (Bank of Hawaii, for example). Sometimes it has been because of acquisitions, or mergers. (1st Interstate was swallowed by Wells Fargo, Washington Mutual was swallowed by Chase Manhatten, for example). I left U.S. Bank in the 90’s because of their outrageous overdraft fees. That’s when I moved to BoFA. When the ‘Too Big to Fail’ banks were bailed-out by the government ‘stimulus’ plan with taxpayer money (TARP), while The Fed handed them trillions in 0% ‘grants’ behind closed doors at the same time, as a result of the 2008 recession, I had had enough. I shut-down my BofA account and now belong to two Credit Unions. It has been the best financial decision I have ever made. Credit Unions are there to serve their members. Banks are only there to serve themselves and their stock-holders. Just do it and don’t look back. It will be the dawn of a brand new day and a fresh start.

  5. dojo

    He he, terrific comics πŸ˜€

    I actually broke up with 2 banks so far … too many commissions. Use more cash, no commission, no hassles


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