#1
May 12th, 2016, 02:44 PM
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Minimum Balance Bank of America
Cab you tell me about the minimum opening deposit for Regular Savings Account in Bank of America as I am planning to open an account in it?
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#2
May 12th, 2016, 02:47 PM
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Re: Minimum Balance Bank of America
Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina. Regular Savings Account Bank of America has low minimum opening deposit of $25 Fee No monthly fee when meet one of the following requirements each statement cycle: • Maintain a $300 minimum daily balance Or • When a Bank of America Preferred Rewards client (waiver applies to first 4 checking and savings accounts) To avoid the monthly maintenance fee make combined monthly automatic transfers of $25 or more from Bank of America checking account to savings account during the immediately preceding statement cycle. Otherwise, $5 monthly maintenance fee Withdrawals: Each monthly statement cycle, make a total of 6 withdrawals and transfers from savings account with no Withdrawal Limit Fee. The Withdrawal Limit Fee is $10 for each withdrawal and transfer made after the first 6 during the monthly statement cycle. It charges no more than 6 Withdrawal Limit Fees per monthly statement cycle. Avoid the Withdrawal Limit Fee by maintaining a minimum daily balance of $2,500 in Regular Savings Account. Rates Regular Savings Account Interest rate APY All balances 0.01% 0.01% ![]() |
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