@KathySueLM wrote:
I would expect the MSC to intervene with the client, BOFA. If the bank wants their locations shopped, and shopped by reliable, good shoppers, there should be a procedure in place to "lift the ban" and clear the shopper's record. Obviously a shopper who has been actively doing account opening shops for 3 years, has had a high approval rate, and been doing a great job for the client, no? The shop description should include a disclaimer that the shopper could be banned, as a result of doing many shops, OR the MSC should negotiate with the client to put into place a method of reversing the ban on the "back end".
KathySueLM, I couldn’t agree with you more. I have asked two different schedulers who were sympathetic to my situation to try to intervene on my behalf and neither were able to help. You’re on your own, and ruining any and all possible banking relationship with BoA for life is the unfortunate conclusion to being a reliable and thorough shopper if you don’t keep accounts open at BoA. The original scheduler I communicated with promised I would be paid for the shop, but that’s the only consolation here.
I started this thread to warn other shoppers they’re taking a risk by opening and closing accounts at BoA precisely because the MSC does not warn shoppers of the possible repercussions of doing account opening shops at BoA if the accounts are closed. The MSC has no intention of trying to intervene in the business decisions made by the bank or warning other shoppers, at least nof at this time. They don’t want to get involved in how the bank treats its customers except when shoppers have actually successfully shopped BoA, which is understandable.
Because of the ICA I can’t exppain to BoA why I opened and closed those accounts. I am hoping that if what happened to me and the other shopper in this thread (who was also banned at BoA) happens to more shoppers, the MSC and BoA can work out a procedure to prevent shoppers from becoming ineligible to do future account opening shops through no fault of their own. I would be wary of closing accounts that are only opened for MS purposes even if I had longstanding accounts at BoA, because they can end their banking relationship with you at their discretion without giving any warning or any reason.
This MSC has been great for me in every other instance. It’s not worth the risk damaging my relationship with the MSC to try to continue to pursue what they’ve said is impossible.
Edited 2 time(s). Last edit at 02/16/2018 12:02PM by nycrocks.