Bank Of America Checking Account Fees Direct Deposit
Overview of key policies and fees monthly maintenance fee 12 00 each month.
Bank of america checking account fees direct deposit. Rates may change at any time without prior notice. Fees could reduce earnings on the account. Information is accurate as of nov. Get your payments electronically sent to your checking or savings account to help achieve your goals.
The minimum opening deposit for this account is 100. Ach transfers appear as a direct deposit. See how bank of america helps you set up direct deposits so your checks into your account automatically. These deposits qualify for the bank of america advantage plus banking monthly maintenance fee waiver.
You can avoid the monthly maintenance fee when you do. Bank of america advantage plus fees. Your bank should offer a similar waiver program for direct deposit so check it out. Bank of america core checking account has a 12 monthly maintenance fee which is waived with at least 1 direct deposit of 250 each month or maintain a minimum daily balance of 1 500 or more.
As noted above to avoid maintenance fees you can arrange for the. However there are several ways to. Of the following each statement cycle. Make at least one qualifying direct deposit of 250 or more maintain a minimum daily balance of 1 500 or more or enroll in the preferred rewards program first 4 checking accounts.
Review bank of america account monthly maintenance fees associated with checking savings cd and ira accounts. Bank of america checking account fees. Applicable only to bank of america relationship banking which is a variable rate account. Qualifying direct deposits are deposits of regular monthly income such as your salary pension or social security benefits that are made by your employer or other payer using the account and routing numbers that you provide to them.
The account has a 12 monthly fee unless you meet the following. Learn about how it works and get the forms today.