Bank of America has a checking account which should look familiar to customers of big banks. If you don’t mind following the rules they are below. Check out our other banks if you do mind the risk of that $12 monthly fee.
- No monthly maintenance fee when you meet one of the following requirements each monthly statement cycle:
- Have at least one qualifying direct deposit of $250 or more; or
- Maintain an average daily balance of $1,500 or more; or
- When you are a Bank of America Preferred Rewards client (waiver applies to first 4 checking and savings accounts)
Otherwise, $12 monthly maintenance fee.
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