The Bankwatch

Tracking the consumer evolution of financial services

eBanking – free checking from BofA

BofA have come out with a pure non branch checking account that has the right price, i.e. free.  Everything is done via online or ATM.  This type of account is gaining momentum.  Its not a game changer but with a no fee price tag, it will change behaviours of some customers.

Bank of America


Ideal if you do most of your banking online and at the ATM, instead of with a teller.

Learn more about eBanking>>

Monthly fee waived when:

  • Deposits and withdrawals are made electronically or at our ATMs
  • You choose online paperless statements through Online Banking

Otherwise, $8.95 per month

Written by Colin Henderson

August 10, 2010 at 20:33

Posted in Uncategorized

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