Here are a few ways you can get away from the fees at Bank of America.
1) Must have direct deposit to avoid the monthly $7.95 checking account fees (no problem..just send a monthly deposit, a dollar or two, using paypal).
2) There is also a saving account fee. By having a monthly automatic withdrawal of $25 from checking to saving, you won’t have to pay this fee. Why not make 15 more dollars from doing this?…sweet Link.
3) If you want less hassle, you can put in $750 for Checking and $300 for Savings to avoid both fees.
It is nice to know that they will not do a hard inquiry on your credit if you are already a customer. For some of you..this might be hassle for $140…but hey, free money is free money. I like Bank of America because you can open up unlimited accounts. Currently i have three checking accounts and three saving accounts from Bank of America(BOA). The total BOA bonuses this year is around $750 for me. More info on that later on how to obtain more free money from them using there keep the change program.