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Bank Of America Experimenting With New Fees

Friday, October 15, 2010 - 3:48 PMBank of America - Details
From Clark Howard's October 15th Show Notes:
"[Bank of America] may create a tiered price system that rewards its best customers for maintaining a minimum current account balance, using credit cards a certain number of times per month, or conducting all banking transactions electronically," according to a Reuters report. "Customers who do not adhere to certain rules will be charged a higher fee."

In August 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.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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