Bank Of America Checking Account Fees Minimum Balance

There are a few ways consumers can avoid the 12 monthly maintenance fee.

Bank of america checking account fees minimum balance. The first way to avoid the fee is to have a qualifying direct deposit of at least 250. Bank of america will assess an international transaction fee of 3 of the converted us dollar amount. Bank of america is converting all ebanking accounts into its core checking product which includes a 12 monthly fee. The second is to maintain a minimum daily balance of 1 500 or more.

There are no bank fees for returned items. There are no bank fees for overdraft items. Find answers to your frequently asked questions about savings accounts with bank of america. Maintain a minimum daily balance of 1 500 or more or enroll in the preferred rewards program first 4 checking accounts.

Have some questions on savings accounts at bank of america. Get answers on interest rates minimum balances earning interest and more. Use your bank of america atm or debit card at one of our international partner atms below and avoid the non bank of america atm 5 usage fee for each withdrawal transfer or balance inquiry as well as the atm operator access fee. When you maintain a combined balance of at least 10 000 or more each statement cycle on your bank of america advantage relationship banking account the monthly maintenance fee is waived.

Students under age 24 are eligible for a waiver of this fee while enrolled in high school or a college university or vocational program. Minimum balances are 20 000 for the gold tier 50 000 for the platinum tier and 100 000 for the platinum honors tier. The account has a 12 monthly fee unless you meet the following fee waiver requirements every month. This fee is assessed as a separate transaction fee on the.

Overdraft item fee footnote 13. Applies to each item that we pay into overdraft. Spending 250 per month in new purchases using a linked bank of america business debit or credit card maintaining a minimum daily balance of 3 000 maintaining an average monthly balance of 5 000. Applies to each item that we pay into overdraft.

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. Atm fees bank of america atms. Qualification for the preferred rewards program tiers is based on having an active bank of america personal checking account and maintaining a three month average combined balance across your bank of america accounts. Returned item fee footnote 14.

You can link an eligible bank of america account to cover transactions that exceed your account balance. Pay no monthly maintenance fee for business fundamentals checking when you meet one of the following requirements each statement cycle. Bank of america safe balance banking comes with a monthly maintenance fee of 4 95 which cannot be waived.