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An anecdotal example of my own: I was 'playing close to $0' and my bank (BofA) was clearly manipulating the order of my transactions to maximize overdraft fees [1].

After fruitlessly disputing the fees, I simply opened an account elsewhere and changed my direct deposit through my employer, leaving my BofA account in the red. After about two months without issue, my new bank informed me that they would be closing my account because I'd been reported to ChexSystems by BofA and blacklisted. They wouldn't tell me the reason for the blacklisting (though I obviously knew what it was). I was not even allowed to withdraw my existing funds and had to wait for a check to be sent to my home in 7-10 business days.

I ended up getting a TD Ameritrade debit card through a pseudo-checking/brokerage account they offer and have been getting direct deposits there ever since. It was an infuriating and dehumanizing process overall.

[1] http://www.forbes.com/sites/halahtouryalai/2013/06/11/yes-ba...




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