More Research

Well, I can't find anything definitive and of course my card and banking account agreements are...somewhere...but this is what I've found:

- Banks commonly put a "right of set off" clause in paperwork for bank accounts. This allows them the ability to take money from one account to cover another.

- This can be done even if it's a joint bank account.

- They may or may not have to give notice in order to do this.

- They can use a personal bank account to cover a business loan or vice versa.

Doesn't really seem fair, does it?

I've found out via anecdotal stories on various forums that people have had Bank of America attach their accounts and take money out.

Yikes.

So it looks like the process of changing bank accounts will start on Monday.

Yay.