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Monday, September 20, 2010 - 7:08 AM
Bank Of America's Plans For A New Fee Structure
Bank of America (0 stars) - DetailsFrom 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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