Bank Of America Eliminates Free Checking Accounts With Low Balances

Bank of America customers will now be charged a $12 monthly fee to check their account, unless the customer has a direct deposit of $250 or more, or a minimum daily balance of $1,500..

The new banking policy has left some customers upset and have even created a petition to reverse the policy on change.org, which has gathered more than 45,000 signatures so far.


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