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How many of you will stop using BofA for a dump bank?
Posted:
Wed Oct 20, 2010 12:40 pmby Pennysaved
[urlhttp://finance.yahoo.com/news/Say-goodbye-to-traditional-apf-1888087707.html][/url]
I have a free checking account at BofA and use it mostly as a dump bank. Not sure I will continue this if I have to pay $8.95 a month.
Are many of you going to close your account with BofA?
Re: How many of you will stop using BofA for a dump bank?
Posted:
Wed Oct 20, 2010 1:07 pmby Lemon Thrower
we are going to see this at most banks imho as a result of Dodd Frank. BofA just went first.
Re: How many of you will stop using BofA for a dump bank?
Posted:
Wed Oct 20, 2010 1:18 pmby Pennysaved
How do you plan to deal with that? I have accounts at BofA, Chase, Wells Fargo, and 2 credit unions.
I definitely don't want to be paying monthly fees for every single one of those banks.
Re: How many of you will stop using BofA for a dump bank?
Posted:
Wed Oct 20, 2010 2:08 pmby Lemon Thrower
i expect most will require a min. account balance or will charge a fee.
Re: How many of you will stop using BofA for a dump bank?
Posted:
Wed Oct 20, 2010 8:28 pmby AgCollector
My BoA account is free as long as I have a direct deposit into it at least once a month. The amount doesn't matter, though.