Bank of America now charging $3+ to do ACH transfers

I'm almost 40 and have had accounts at multiple banks since I was 19. I've done a lot of ACH transfers from one bank to another in my lifetime. They take like 3-5 days to totally settle but they've always been free.

I'm setting up a new account at a bank. It took 3 days to get the required test transactions processed. This is annoying because you set it up by just copying and pasting the text from one website to another. Like literally you can log into your bank's site, go to account details and there will be text on your screen saying "Routing number" and "Account number". You just copy and paste this from one browser tab to the other... that has text boxes labelled "Routing number" and "Account number". It's virtually impossible to mess up if you know how to work a mouse or touchpad. When I setup direct deposit for my job, I just enter the numbers. They have faith that you aren't illiterate and can successfully highlight text on a computer. There is no mandatory multi-day test transaction period.

So anyways, the accounts finally verify this morning. I go to transfer money from my Bank of America account to the new one and I see they're talking about $3 for a 3 day transfer, $10 for a one day transfer, and $30 for an instant wire. The first two are just bog standard ACH that's always been free.

I can't wait until paying for items with stablecoins becomes a thing you can do at most places. The gall to charge for ACH transfers is insane. They're taxing you at every step, puling new fees and fines out of their ass, and making record profit all while paying out record low yield. Moving USDC from one address to another is pennies on any chain not called Ethereum and settles completely in seconds, not days. Even with Ethereum it would be about $10 to send except it clears in minutes, not at the end of the day as long as you submit it by 8 PM.

It's crazy that banks finally have competition and rather than compete, they're just getting more and more egregious with this stuff. They're doing everything they can think of to push people into crypto.