BANK OF AMERICA* Charge (What It Is + Is It Legit?)

When Bank of America processes internal fees, service charges, or account-related transactions, the billing system often truncates the full company name to "BANK OF AMERICA*" due to character limits imposed by card network and statement formatting standards. The asterisk following the name is a common delimiter used by large financial institutions to separate the merchant identifier from additional transaction detail codes that may follow, such as a branch number or product type. If you see BANK OF AMERICA* on your statement, it almost certainly reflects a legitimate charge from the bank itself, such as a monthly maintenance fee, overdraft charge, or wire transfer fee tied to your own Bank of America account.

No, this is a legitimate charge from Bank of America. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.

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