Bank Of America Checking Account Minimum Balance To Avoid Fees

Have some questions on savings accounts at bank of america.

Bank of america checking account minimum balance to avoid fees. You can avoid the monthly maintenance fee when you do. 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. This fee is assessed as a separate transaction fee on the posting date of the withdrawal. Maintaining minimum balances and making qualifying direct deposits are the easiest ways to avoid most bank of america account fees.

Some accounts will also waive fees based on your age. Overview of key policies and fees monthly maintenance fee 12 00 each month. 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. The account has a 12 monthly fee unless you meet the following fee waiver requirements every month.

Have at least one qualifying direct deposit of 250 maintain a minimum daily balance of 1 500. If you have multiple accounts with the same bank you may be able to. Each account has its own requirements so be sure the fee waiver information you have matches your account type. Sign up for online alerts to be notified if your balance is in danger of dropping too low.

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. Additionally monthly service fees are different from item specific costs such as bank of america s overdraft fees. Get answers on interest rates minimum balances earning interest and more. Open a bank of america advantage banking account online today.

Bank of america will assess an international transaction fee of 3 of the converted us dollar amount. The international transaction fee may be waived for certain account. Bank of america advantage banking is a flexible checking account for your changing needs. 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.

Many banks will waive the business account monthly maintenance fee ranging from about 12 20 per month among major banks if you maintain a minimum balance. Pay no monthly maintenance fee for business fundamentals checking when you meet one of the following requirements each statement cycle. Find answers to your frequently asked questions about savings accounts with bank of america. Of the following each statement cycle.

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. It offers a variety of features from digital only payments checkless checking to optional overdraft protection.