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Friday, May 06, 2011

Bank of America Adds New Checking Account Fees

Now that the regulatory heat is off on overdrafts, Bank of America is jumping back in with overdraft-related fees. They are also increasing the monthly fee and changing their requirements for avoiding it.

The monthly fee is going up from $8.95 to $12, and to get rid of it, you'll need to direct deposit at least $250 a month.

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1 comment:

lmclain said...

I loved the last part entitled "We're here to help". Same thing the Army Corps of Enginneers just told those farmers out in Illinois. Same thing the IRS says in January, every year.