I know the MBNA people are not satisfied with the switch to Bank of
America. But I don't think I have seen mention by regular BofA credit
card holders about this problem: The online banking site no longer
offers the ability to download recent transactions. I can only download
what was there as of the last statement date.
Does anyone know anything about this?
Does anyone care to recommend credit cards that will give a better
online banking service?
I had two MBNA cards that were swithced to BoA. I had trouble getting
Quicken 2007's One Step Update (Express WebConnect) to work after the
BoA switch. I ended up calling BoA and the explaination I got was:
THere are two types of BoA customers:
1) Credit Card Only
2) Banking (potentially with one or more Credit Cards).
According to the Quicken Specialist at BoA, I was in the first category
and as such, I can only use WebConnect (No Express WebConnect) and I
can only download statements at the end of each cycle.
If I open a checking account or a savings account I then get moved into
the second category. By being in the second category, I can download
transactions daily, even for my credit cards.
The rep said that it has to do with different Governement Regulations
that apply to "Banks" and that apply to "Credit Card Companies".
I'd say you got a load of baloney from the BofA person. I have a
checking account, money market account, CD and credit card with BofA,
and since their recent "upgrade" of the credit card web site, I can't
express download daily transactions in Quicken 2007 Premier anymore. I
can log on to the website with IE7 and "see" them, but Quicken can't
download them except at the end of a statement cycle.
You wrote on Sun, 19 Nov 2006 22:28:57 GMT:
While I only have a credit card account with BofA, their comment about
different rules applying is also hogwash. I have a Discover and a Chase Visa
and have no problem getting express downloads of daily transactions for
those credit card only accounts. I'm using 2004 Deluxe BTW.
JM> I'd say you got a load of baloney from the BofA person. I have a
JM> checking account, money market account, CD and credit card with BofA,
JM> and since their recent "upgrade" of the credit card web site, I can't
JM> express download daily transactions in Quicken 2007 Premier anymore. I
JM> can log on to the website with IE7 and "see" them, but Quicken can't
JM> download them except at the end of a statement cycle.
Discover card is one. But it has limited access in stores. I like Citibank
as well. American Express also downloads on a day-to-day basis.
Bank of America, Sears Card, and a number of others use end of statement
Bank of America is particularly nasty. Gonna dump the business and personal
cards in that bank ASAP.
Have been watching folks comment on month-end download from BoA. I was a
long-time MBNA card user and could never download except when new statement
appeared. As such, don't find much to mutter about with BoA.
Of course, if other MBNA users were able in past to download daily, then I
may have been missing out on a good thing.