Bank of America imposes an $8 monthly maintenance fee on its savings accounts. Although it is possible to waive this fee if you meet certain criteria, such as maintaining a $500 balance, many other banks charge no monthly fees on savings accounts. ...
You can open a Bank of America account online or at a local branch whether you want a savings account, a checking account or a certificate of deposit.
Bank of America, for example, has an $8 monthly fee on its basic savings account. Chase has a $5 fee for its Chase Savings account. Since the interest rate at both banks is so low, those fees can quickly outpace the interest you can earn. There are usually ways to avoid fees on sa...
Bank of America Advantage SafeBalance Banking®: $4.95 or $0 –No monthly maintenance fee each statement cycle when you meet one of the following: an owner of this account is under the age of 25 or maintain a minimum daily balance of $500 in your account or ...
The bank waives the $8 monthly maintenance feeon the savings account for customers who either maintain a daily balance of at least $500, link to a Bank of America Advantage Banking checking account, are a member of the Bank of America Preferred Rewards® program or under the age of 25....
Bank of America Advantage SafeBalance Banking®: $4.95 or $0 –No monthly maintenance fee each statement cycle when you meet one of the following: an owner of this account is under the age of 25 or maintain a minimum daily balance of $500 in your account or ...
Chase wins the battle of, with three options compared to Bank of America’s one. All of Chase’s accounts also don’t have a minimum opening deposit while Bank of America requires you to have $100 to open an account. That said, waiving your monthly fee at Bank of America may be easie...
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Preferred Rewards member, you'll keep your program benefits for at least a full year, so no need to worry if your balances dip temporarily. In addition, your balances are reviewed monthly to see if you qualify for a higher tier. If so, you'll automatically move to the next level of ...
CREDIT CARD 25% Rewards bonus on eligible Bank of America credit cards3 PRIORITY SERVICE 888.888.7937 Access to dedicated specialists for your product and service needs DEPOSITS No Monthly Maintenance Fees On up to 4 eligible checking and 4 savings accounts FOREIGN CURRENCY 1% Exchange rate...