For instance, Bank of America charges $12 per month for its "core checking" account. You can avoid that fee, however, if you’re a student, have at least $250 per month direct-deposited into the.
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How Bank of America is killing the paper check – a spokeswoman for Bank of America. BofA’s core checking account, "MyAccess," waives maintenance fees for customers with at least $250 in monthly direct deposits. Reiss said the new account is.
The Costs of Closing Your Bank Account – For example, Bank of America requires a minimum daily account balance of $1,500 or the direct deposit of at least $250 each month for its Core Checking customers to escape a $12 monthly fee.
These apps require only a checking account and a smartphone. Each app has its own style, but at their core, they are designed.
institutions, like Bank of America and JPMorgan Chase, and some.
Bank of America’s response to the barrage of complaints was to guide the e-account customers to their Core Checking account.
switch banks,” Cherny told PYMNTS in an interview.