Fee:  $3 per statement cycle (Fee waived for Business Advantage Checking accounts), Fee:  $3 per statement cycle (Fee waived for Business Advantage accounts), Fee Type: Replacement ATM or Debit Card Fee. Automatically renews at maturity unless you choose the single maturity option. Redeem for cash back as a deposit into Bank of America ® checking or savings accounts, for credit to eligible Merrill ® accounts including 529 accounts, as a statement credit to your credit card, or for gift cards and purchases at the Bank of America Travel Center; Preferred Rewards members earn 25%-75% more points on every purchase. As if outrageous overdraft fees weren’t enough! Please tell us where you bank so we can give you accurate rate and fee information for your location. Bank of America Advantage Relationship Banking A checking account that earns interest. The first way to avoid the fee is to have a qualifying direct deposit of at least $250. Bank of America, N.A. See the disclosure information that accompanied your card for other fees that may apply. Business Checking account holders can agree to assume the responsibility for this fee on behalf of their payee(s) — an analyzed account is required to do so. You can often avoid this fee by viewing and printing your available statements in Online Banking instead of ordering the copy from us. Non-Bank of America ATM fees are in addition to other account fees that may apply to the transaction, such as the fee for an excess withdrawal from savings. The Bank of America Basic Checking Fees The basic checking account available to the customers is the Advantage Plus Banking account. Whether you use your card for … Fee:  $5.00 per withdrawal OR 3% of the dollar amount of the transaction, whichever is greater. Banking, credit card, automobile loans, mortgage and home equity products are provided by Bank of America, N.A. The bank does offer an opportunity to snag deals and save money with its … The standard NSF: Returned Item Fee of $35 applies if we return the item unpaid. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. Incoming Domestic and Incoming International Wire Transfer fees are waived for the primary and included accounts in the Business Advantage solution. This means that when we determine that you do not have sufficient available funds in your account to cover an item, we will decline or return it unpaid. Please note: You may be charged for a combination of no more than 4 overdraft and returned items per day. Relationship-based ads and online behavioral advertising help us do that. Bank of America mobile deposit makes it easy to add funds to your account using any device with a built-in camera. Many competitors do not charge maintenance fees and offer higher interest rates. More banks are charging a monthly fee to customers who don’t maintain a minimum balance, The Chicago Tribune reports. Our mobile app is not available for all devices. The second is to maintain a minimum daily balance of $1,500 or more. Your request is being processed. A Business ATM Card lets you access Bank of America ATMs to make deposits, withdrawals or transfers. (This fee is effective beginning November 8, 2013. Overdraft Protection links your Bank of America business checking account to another Bank of America business account- such as business savings, a second business checking, or a business credit card – and automatically transfers funds to cover purchases and prevent returned checks when you don’t have enough money in your checking account. As of June 2011, this account normally has a monthly fee of $8.95. Fee: $29.95. Bank of America Advantage® accounts qualify for a waiver of this fee. Credit and collateral are subject to approval. We strive to provide you with information about products and services you might find interesting and useful. How to avoid the monthly maintenance fee each statement cycle: Be enrolled in Preferred Rewards Footnote 9 The next bank on the list and the second largest is Bank of America. No fee for the first 2 copies of each request. Please visit your banking center or call the number on the front of your deposit statement to learn more about alternatives. To be fair, checking accounts are expensive to maintain for banks. Please note: A payee presenting a check that you issued may be assessed a fee if the payee is not a Bank of America customer. Select your device. Bank of America Advantage Savings The more you save, the higher your APY. International Transaction Fee - 3% on all foreign transactions. Combined balances include: Average daily balances for the statement cycle in eligible linked checking, savings and money market savings accounts, AND. Please note: Separate fees apply to analyzed accounts. This is not a commitment to lend. Bank of America Advantage SafeBalance Banking ® Bank of America Advantage Plus Banking ® Bank of America Advantage Relationship Banking ® Open now: Open now: Open now: Minimum opening deposit: $25. Fee for each requested replacement of an ATM card or debit card, including the replacement of a debit sticker (tag) or other debit access device. The Extended Overdrawn Balance Charge applies when we determine that your account has been overdrawn for five or more consecutive business days. There are a few ways consumers can avoid the $12 monthly maintenance fee. If you use an out-of-network ATM in the United States, you’ll pay $2.50 per transaction (plus whatever surcharge fees the ATM’s owner tacks on). The monthly fees: There’s an $8 monthly fee for savings accounts that do not keep a minimum balance of $500. Teller deposits, wire transfers, Online and Mobile Banking transfers, transfers from one account to another, and ATM transfers and deposits are examples of deposits that do not qualify for the monthly maintenance fee waivers. The $25 monthly fee is waived if you keep a balance of $10,000 in linked accounts or are enrolled in Preferred Rewards. Available funds from your savings or second checking account are automatically transferred to your checking account if you should overdraw your account. Pay no monthly maintenance fee for Business Fundamentals® Checking when you meet one of the following requirements each statement cycle: Pay no monthly maintenance fee for Business Fundamentals when you meet one of the following requirements each statement cycle: Pay no monthly maintenance fee for Business Advantage Checking when you meet one of the following requirements each statement cycle: Pay no monthly maintenance fee for Business Advantage when you meet one of the following requirements each statement cycle: To prevent this fee, maintain at least one of the following balances: For pricing and fee details, please call the number on the front of your deposit statement. You can also avoid it by having an average daily balance of $5,000. Fee Type: Fee for withdrawals, transfers and balance inquiries at a non-Bank of America ATM located in a foreign country. $12. $25. For Transfers from Business Savings or Business Checking, Fee Type: For Transfers from Business Savings or Business Checking. Please read it carefully. The standard Overdraft Item Fee is $35. If you exceed these limits on more than an occasional basis, we may revoke your privileges on that account or we may convert your savings account to a checking account that may no longer earn interest. Please wait. Visit bankofamerica.com in your mobile web browser for a link to download the app. Pay no monthly maintenance fee for Business Advantage Checking when you meet one of the following requirements each statement cycle: Pay no monthly maintenance fee for Business Advantage when you meet one of the following requirements each statement cycle: Clients in the Preferred Rewards for Business Platinum tier using a Bank of America Debit or ATM card are not charged the non-Bank of America ATM fee for 1 withdrawal, 1 transfer and 1 balance inquiry per statement cycle from a non-Bank of America ATM in the U.S., and receive a refund of the ATM operator fee for 1 withdrawal, 1 transfer and 1 balance inquiry per statement cycle from a non-Bank of America ATM in the U.S. Clients in the Preferred Rewards for Business Platinum Honors tier using a Bank of America Debit or ATM card are not charged the non-Bank of America ATM fee for withdrawals, transfers and balance inquiries from non-Bank of America ATMs in the U.S., and receive a refund of the ATM operator fee for withdrawals, transfers and balance inquiries from non-Bank of America ATMs in the U.S. Automatically renews at maturity unless you choose the single maturity CDs will not interest! 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