The Bankwatch

Tracking the evolution of financial institutions

BofA money management tool disappoints

Following up on the Bank of America money management tool post, a BofA customer writes:

I’m a BofA customer, and I went online yesterday to see what they were bringing to the table.  Their money management functionality is HORRIBLE. 

After 10 minutes of putzing around with it, I could only guess that the only thing it actually does is categorize your spending and investments — but I couldn’t get it to that. And I won’t be trying again.

I paraphrase here, but not by much.  Doesn’t sound positive.  It sounds like BofA have plugged in a purchased solution, and dare I suggest, playing catch up to Wells more integrated spending tool, that automatically collects your data, and sorts it.

 

Written by Colin Henderson

February 2, 2007 at 15:29

Posted in Uncategorized

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