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Bank Of America's Plans For A New Fee Structure

Monday, September 20, 2010 - 7:08 AMBank of America - Details
From the Financial Times:
Bank of America is to test new pricing packages modeled on mobile phone service contracts, in the hope of clawing back some of the $4.3bn in revenue it expects to lose as a result of new federal restrictions on bank and credit card fees.

Last month Bank of America released its new eBanking checking which requires you to do all banking without a branch visit (including depositing checks) if you want to avoid a monthly fee.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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