Bank of America Stops Free Online Banking

Bank of America Stops Free Online Banking

photo credit: Jonathan Weiss // Shutterstock

Bank of America is changing the rules of their online banking.

If you are an online-only checking customer, you have just been switched to an account that requires you to have a minimal balance. Customers will now be charges a $12 fee if their accounts fall below $1,500 or if you do not have a direct deposit of $250 or more a month.

There is currently a petition with 52,000 signatures asking BOA to reverse on the rules. You can sign the petition now at Change.org

Written by Clarke Jones

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