Bank of America Credit Card Updates in WA

Posted by Dave P. on August 12, 2008, 1:51 pm

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I'm using QD2008 on Vista. I bank with Bank of America (BAC)in WA.
Recently I had to switch credit card numbers.(The number of the original
card was stolen.) My original card was on the WA computer system which
allowed me to do one-step updates often. The new card is on some other
(?) computer system that only allows updates by downloading the MONTHLY
statements using either WEB connect or QIF. I was told by the support
person that all new credit cards had to be on the "new" computer system
due to "federal banking regulations."

Also, another nit, I can't simply transfer funds from my checking
account (on the old system) to my new credit card. Instead I must use
their "online banking" bill payer system to transfer money between my
accounts. It is free, but not as convenient as a simple transfer using
one login. For all practical purposes the two BAC computer systems don't
communicate with each other directly.

My question: is anyone getting updates of current charges from BAC
credit cards? If so, how? Also, are you in WA?

Thanks for any comments.

Dave P.

Posted by alsteele on August 28, 2008, 1:43 pm

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wrote:

>I'm using QD2008 on Vista. I bank with Bank of America (BAC)in WA.

>Recently I had to switch credit card numbers.(The number of the original

>card was stolen.) My original card was on the WA computer system which

>allowed me to do one-step updates often. The new card is on some other

>(?) computer system that only allows updates by downloading the MONTHLY

>statements using either WEB connect or QIF. I was told by the support

>person that all new credit cards had to be on the "new" computer system

>due to "federal banking regulations."

>Also, another nit, I can't simply transfer funds from my checking

>account (on the old system) to my new credit card. Instead I must use

>their "online banking" bill payer system to transfer money between my

>accounts. It is free, but not as convenient as a simple transfer using

>one login. For all practical purposes the two BAC computer systems don't

>communicate with each other directly.

>My question: is anyone getting updates of current charges from BAC

>credit cards? If so, how? Also, are you in WA?

>Thanks for any comments.

>Dave P.

I had the same problem of having to change card numbers.
I simply changed the number on the credit card account in Quicken,
i.e., it is the same account with a different number.

Now when I try to download the credit card statement, Quicken does not
show the credit card account into which I want to download it.

What did you finally do?