Bofa Monthly Maintenance Fee $12The Citi Savings account has a monthly fee of $4. Monthly Maintenance Fee: $12 or $0 – Fee may be waived when enrolled in Preferred Rewards or have at least one qualifying direct deposit of $250 or more, or maintain a minimum daily balance of at least. Bank of America is converting all eBanking accounts into its Core Checking product, which includes a $12 monthly fee. Best and Worst Monthly Maintenance Fees at 12 Top Banks. How To Avoid Bank of America’s Monthly Maintenance …. Often, providers quote a shipping and handling fee with the order. That’s a cost of $180 per year. Warning - Bank of America charges a $120 a year maintenance fee for the basic checking account Edit: $144; everyone knows poors can't math I just discovered a $12 monthly charge, thought I'd pass the warning along to those who might have been unaware. You may be eligible 1 if: You're having trouble paying the mortgage due to a financial hardship. $12 or $0 monthly maintenance fee Here are five ways to waive the fee. There was a $12 monthly fee applied. Link your account to your Bank of America Advantage Relationship Banking, Bank of America Advantage ® with Tiered Interest Checking or Bank of America Advantage ® Regular Checking accounts (first 4 savings accounts). Bank of America Core Checking Account has a $12 Monthly Maintenance fee which is waived with at least 1 direct deposit of $250 each month or maintain a minimum daily balance of $1,500 or more. These deposits qualify for Bank of America Advantage Plus Banking ® and Senior Economy Checking monthly maintenance fee waiver. The maintenance fee may be waived for eligible students under 25, those who are enrolled in Preferred Rewards, have at least one qualifying direct deposit of $250 or more, or maintain a minimum daily balance of at least $1,500 each. Plus any fee charged by the ATM's operator. When I asked how they had informed me they told me they had mailed me it. Most people around this sub know that if you have certain plan with Bank of America, if your checking account dips below $1500 and it stays there within your monthly maintenance check, you get charged $12 to your checking. Bank of America Checking Account Fees There is a $4. Wire Transfer Fees — $0 to $50 Money Order — $5 per check Looking for more details about fees?. Monthly maintenance fee $12, with options to waive Minimum deposit to open $100 Minimum balance $1,500 daily balance to avoid monthly maintenance fee Annual Percentage Yield (APY). When you are a Bank of America Preferred Rewards client (waiver applies to first 4 checking and savings accounts) Or pay $8/month. MonthlyMaintenance Fee $12. The notices detailed the changes, the $12 monthly maintenance fee, and the two ways to avoid it - maintain a daily standing balance of $1500, or have a direct deposit of at least $250 into the account at least once per cycle. Students under age 25 or other account holders under 18 can receive monthly maintenance fee waivers for Advantage SafeBalance Banking accounts. Additionally, Chase offers three checking accounts designed for kids and students, which feature low service fees from $0 to $6. Monthly Maintenance Fees Banks typically charge these to maintain your account. Monthly Fee: $12 Monthly Maintenance Fee or $0 – fee may be waived when enrolled in Preferred Rewards or have at least one qualifying direct deposit of $250 or more, or maintain a minimum daily balance of at least $1,500 each statement cycle $100 Bank of America Advantage Relationship Banking® - $100 Bonus Offer. Chase Bank charges a $12 monthly service fee on its Total Checking account. Most big banks (Chase, Wells Fargo, etc) have monthly “maintenance” or “service” fees which can be avoided by meeting a few criteria, but Bank of America’s is the steepest. Bank of America is charging me a $12 monthly maintenance fee. You may have skipped all the fine print explaining how you could save on many of the CIT Bank monthly fees. The fee is typically $12 per month and is applied to cover the costs of maintaining and operating the account. Bank of America and the End of Free Checking">Bank of America and the End of Free Checking. Many of the offers appearing on this site are from advertisers from which this website receives c. For example, Bank of America charges a $12 per statement cycle maintenance fee on its Advantage Plus banking account. Roku does not charge a monthly fee. These deposits qualify for Bank of America Advantage Plus Banking ® and Senior. Are you avoiding these fees? Many of the offers appearing on this site are from advertisers from which this we. A matriculation fee is a charge assessed to incoming college and university students, which covers a variety of school costs. Monthly maintenance fee: $12 or $0 Bank of America Advantage Relationship Banking® Required opening deposit: $100. $100 Negative Balance Buffer 2 for eligible clients. Monthly Service Fee — $0 or $12 Overdraft Fees — $34 ATM Fees at Chase ATMs — $0 ATM Fees at Non-Chase ATMs — $3 to $5 Wires and Money Orders Helpful tip: You may be able to set up a bank-to-bank transfer or use Zelle ® to avoid these fees. Monthly Maintenance Fees at 12 Top Banks">Best and Worst Monthly Maintenance Fees at 12 Top Banks. You won't be charged the Withdrawal Limit Fee if you maintain a minimum daily balance of $20,000 or more in your Bank of America Advantage Savings account or if you are enrolled in the Preferred Rewards Program or an owner of this account is under the age of 18 or an owner of this account qualifies as a Student. Bank of America Bonus Promotions for Checking, …. 00 each month You can avoid the Monthly Maintenance Fee when you meet one of thefollowing balance requirements during each statement period:. These days, a checking account is a pretty essential tool when it comes to managing your money. Monthly Maintenance Fee. No monthly maintenance fee for each Preferred Rewards clients get this fee waived. Bank of America is converting all eBanking accounts into its Core Checking product,. Bank of America Checking Account Fees Depending on what type of account you have, the checking account monthly maintenance fee can vary. It's not huge, but it's annoying. $100 or more Monthly $12. MonthlyMaintenance Fee $12. 95 per month for SafeBalance and $12 per month for Advantage Plus. 95 monthly maintenance fee for Advantage SafeBalance Banking®, a $12 monthly maintenance fee for Advantage Plus Banking® and a $25 monthly maintenance fee for Advantage Relationship Banking. " That's according to Bank of America, which pointed out in a note published on Tuesday that value stocks experienced. You can avoid the Monthly. Bank of America charges $12 a month for a maintenance fee. Monthly maintenance fee of $12, which you can. The fee is waived for Preferred Rewards. The $12 fee applies to transfers exceeding $1, and there’s a limit of one transfer fee per day. US Bank Fees: How to Avoid Monthly Maintenance Fees. Bank of America is converting all eBanking accounts into its Core. ATM Fees: Capital One Review: Is It the Right Bank for You? FNBO Direct FNBO ‘s Online Savings account has no monthly maintenance fee and no minimum balance requirements, and it pays a. You won't be charged the Withdrawal Limit Fee if you maintain a minimum daily balance. Bank of America Advantage SafeBalance Banking® is a basic checking account. Additional notices went out between then and the date of the change, January 19th, 2018. The Rules to waive the fee are: Have at least one qualifying direct deposit of $250+ or Maintain a $1,500 minimum daily balance or Are enrolled in Preferred Rewards. Link your Bank of America Interest Checking® account to your Rewards Savings account (waiver applies to first 4 savings accounts) or. Bank of America is converting all eBanking accounts into its Core Checking product, which includes a $12 monthly fee. BofA notified all customers in January 2018 about the change. Best Money Market Accounts in 2023. Once you’ve made all trial payments on time, we’ll send you the Modification Agreement. While Bank of America has over 16,000 fee-free ATMs, if you use a non-Bank of America. You can avoid the Monthly Maintenance Fee when you meet one of the following balance requirements during each statement period: • Maintain a minimum daily balance of $2,500 or more, OR • Link your account to your Bank of America Interest Checking ® or Bank of America Advantage ®. The monthly service/maintenance fee for a Bank of America Advantage Plus Banking checking account is $12. Bank of America is converting all eBanking accounts into its Core Checking product, which includes a $12 monthly fee. You can avoid the Monthly Maintenance Fee when you do ONE of the following each Maintenance statement cycle: Fee • Make at least one qualifying Direct Deposit of $250 or more, OR • Maintain a minimum daily balance of $1,500 or more, OR • Enroll in the Preferred Rewards program. Bank of America is converting all eBanking accounts into its Core Checking product, which includes a $12 monthly fee. You're having trouble paying the mortgage due to a financial hardship. Editor’s Note: The sections below list several helpful features each of the highlighted account. You can avoid the Monthly Maintenance. How to avoid a monthly maintenance fee Most banks make it. Bank of America is converting all eBanking accounts into its Core Checking product, which includes a $12 monthly fee. Understanding checking and savings account fees. Will Bank of America refund maintenance fees? Each Bank of America account will charge a monthly maintenance fee between $4. These costs can include student orientation, writing placement exams, transcripts, career services and graduation. Monthly maintenance fee: $12 or $0 Bank of America Advantage. The Core Checking account carries a monthly fee of $12. New students also pay registration and assessmen. Bank of America Review: Checking, Savings and CDs">Bank of America Review: Checking, Savings and CDs. Why a ridiculous high monthly maintenance cost ? Imagine the profit made on each customer if you do your banking with Bank of America. Depending on what type of account you have, the checking account monthly maintenance fee can vary. Monthly Maintenance Fee. fee you must meet one of the following requirements during each statement cycle:. Bank of America Advantage Relationship Banking® :. The Modification Agreement defines the changes to the home loan. com/_ylt=AwrFDy2QMWJkcJE5XHdXNyoA;_ylu=Y29sbwNiZjEEcG9zAzIEdnRpZAMEc2VjA3Ny/RV=2/RE=1684185616/RO=10/RU=https%3a%2f%2fwww. PDF Bank of America Advantage Plus Banking® Clarity Statement®. Bank of America and the End of Free Checking. Review: Bank of America Advantage Relationship Banking. Monthly maintenance fee $12, with options to waive Minimum deposit to open $100 Minimum balance $1,500 daily balance to avoid monthly maintenance fee Annual Percentage Yield (APY). 95 monthly maintenance fee for Advantage SafeBalance Banking®, a $12 monthly maintenance fee for Advantage Plus Banking® and a $25 monthly maintenance fee for Advantage Relationship Banking®, but only Advantage Relationship Banking earns interest. Maintaining minimum balances & making qualifying direct deposits are ways to avoid most Bank of America monthly maintenance fees. Value Investors Can Improve Their Returns With These 4 Steps, BofA Says. The standard insurance amount is $250,000 per depositor, per insuredbank, for each account ownership category. The new policy, which guts the free eBanking program and moves its customers to a standard Bank of America checking account (with a $12 monthly fee), has sparked unhappiness from current. Maintain a $1,500 minimum daily. Monthly Maintenance fee. $12 Monthly Maintenance Bank of America Fee. A $12 monthly fee applies to the Advantage Plus account, but it can be waived if you: Maintain a $1,500 minimum daily balance Have at least one eligible direct deposit of at least $250. The size of the maintenance fee depends on your bank, but you could pay as much as $15 per month for a non interest-bearing checking account. Teller deposits, wire transfers, Online and Mobile Banking transfers, transfers from one account to another, and ATM transfers and deposits are examples of deposits that do not qualify for the monthly maintenance fee. Moneygram fees to transfer money vary widely depending on where the individual is sending and receiving the money and how much money is being transferred. Overview of Rewards Money Market Savings key policies …. A loan may be eligible 3 for a loan modification if: The loan received coronavirus payment assistance in the form of a forbearance 4. Petition · Stop the $12 Monthly Maintenance Bank of America Fee · Change. A little overdrawn? It’s all good. Stop the $12 Monthly Maintenance Bank of America Fee. Quick Answer: How To Avoid Advantage Monthly Maintenance Fee …. Monthly maintenance fee $12, with options to waive Minimum deposit to open $100 Minimum balance $1,500 daily balance to avoid monthly maintenance fee Annual Percentage Yield (APY). Monthly service fee. You can opt for Balance Connect®, the bank’s overdraft protection service, but it’ll cost $12 per day for every day a. Preferred Rewards Platinum using a Bank of America debit or ATM card will not be charged the non-Bank of America ATM fee and will receive one (1) refund per statement cycle of the ATM operator or network fee for withdrawals, transfers and balance inquiries from non-Bank of America ATMs in the U. The waiver is applied automatically at account opening and expires on the 18th birthdate of the minor. But not all checking accounts are created equal. 50, but if you maintain an average monthly balance of$500 you'll get it waived. The first mortgage is owned by Fannie Mae or Freddie Mac. If you keep a minimal amount in your checking account, this monthly maintenance fee can cause a negative balance in your account. Called Bank of America and they said there are no more free bank accounts, instead they had switched my account over to a regular checking account and because I did not have $250 there was a $12 fee. Bank of America Advantage Plus has a $100 minimum opening deposit and a $12 monthly maintenance fee which can be waived if you do one of the following: Make at least one qualifying Direct Deposit of $250 or more. Advantage Plus Banking customers can have the. We’re doing our best to get things working smoothly!. Monthly maintenance fee: $12 or $0 Bank of America Advantage Relationship Banking® Required opening deposit: $100 Interest-bearing account: Yes (The annual percentage yield, or APY, will vary based on the amount in your account. Help - BofA maintenance fees I have a BofA checking account I don't use much at all. Fee Schedule PERSONAL CHECKING ">Personal Deposit Accounts Fee Schedule PERSONAL CHECKING. Bank of America Savings Account Maintenance Fee This savings account does have a $8 monthly maintenance fee, which is a bit high compared to some savings accounts that have no monthly. Fee-free overdraft up to $200 1 No hidden fees 2 Get paid up to 2 days early with direct deposit 3 What is a monthly maintenance fee? A monthly maintenance fee is a fee charged by a financial. 10%-50% more rewards Get more cash back or miles from select Truist credit cards. Qualifying direct deposits are deposits of regular monthly income (such as your salary, pension, or Social Security benefits) that are made by your employer or other payer using the account and routing numbers that you provide to them. What Is the Monthly Fee to Send a Child to Mathnasium?. When you call us to discuss post-forbearance payment assistance options, please be ready with the loan number, the monthly pre-tax income for each borrower, monthly household expenses, and information about your current financial hardship. Bank of America charging new "maintenance fees" as of mid ">Bank of America charging new "maintenance fees" as of mid. Your account opening documents would have made reference to a schedule of fees, and other information about your Advantage Plus Banking account, including the monthly maintenance fee and the ways the fee c Unquestionably, this is something you explicitly or implicitly agreed to. $100 or more Monthly $12. Qualifying direct deposits are deposits of regular monthly income (such as your salary, pension, or Social Security benefits) that are made by your employer or other payer using the account and routing numbers that you provide to them. 23, 2023 Monthly Maintenance Fee $12 Why We Picked It Pros & Cons Details BEST CHECKING BONUS, DEPOSITS OF $1,000 Bank of America Advantage SafeBalance Banking® 4. A $12 monthly fee applies to the Advantage Plus account, but it can be waived if you: Maintain a $1,500 minimum daily balance Have at least one eligible direct deposit of at least $250. The Advantage Plus Banking has a $12 monthly fee unless you meet the following requirements: Make one qualifying direct deposit of $250 Maintain a minimum daily balance of $1,500 or more Be a. A Fannie Mae or Freddie Mac loan modification may lower monthly mortgage payments. News">7 Pesky Bank Fees and How to Avoid Them. Warning - Bank of America charges a $144 a year maintenance fee for the basic checking account Since I discovered a $12 monthly charge a while back when my account was automatically switched from a student account after I graduated and moved, I've been passing the warning along to those who might be unaware every year around graduation. The first way to avoid the fee is to have a qualifying direct deposit of at least $250. Read on to find out what you have to do to avoid paying the fees. You’ve had a Fannie Mae- or Freddie Mac. Bank of America’s Advantage Savings Account has a monthly maintenance fee of $8, which you can avoid if you maintain at least a $500 balance or link your account to a BofA checking account. Modification Eligibility. Be enrolled in Preferred Rewards Footnote [3] Have at least one qualifying direct deposit of $250 + Learn about qualifying direct deposits. Preferred Rewards Platinum using a Bank of America debit or ATM card will not be charged the non-Bank of America ATM fee and will receive one (1) refund per statement cycle of the ATM operator or network fee for withdrawals, transfers and. You own the home, and it’s your primary residence. Many of the offers appearing on this site are from advertisers from which this w. There are a few ways consumers can avoid the $12 monthly maintenance fee. Monthly maintenance fee $12, with options to waive Minimum deposit to open $100 Minimum balance $1,500 daily balance to. It comes with $12 in monthly fees, but it also has a couple more ways to avoid it. Does Roku Charge a Monthly Fee?. Moneygram also offers services specifically for people who transfer money frequently. Preferred Rewards Platinum using a Bank of America debit or ATM card will not be charged the non-Bank of America ATM fee and will receive one (1) refund per statement cycle of the ATM operator or network fee for withdrawals, transfers and balance inquiries from non-Bank of America ATMs in the U. Quick Answer: How To Cancel Monthly Maintenance Fee Bank Of America. What Is A Bank Of America Monthly Maintenance Fee. Some Chase accounts also earn. How to Avoid Monthly Maintenance Fees in 2023. The second is to maintain a minimum daily balance of $1,500 or more. Bank of America® Clarity Statement® Bank of America Core Checking® Understanding Bank of America Core Checking® An overview of key policies and fees Your Core Checking account Monthly Maintenance fee $12. Bank of America Core Checking Account has a $12 Monthly Maintenance fee which is waived with at least 1 direct deposit of $250 each month or maintain a minimum daily balance of $1,500 or more. 7 Pesky Bank Fees and How to Avoid Them. Read more on how to avoid monthly maintenance fees. Maintain a minimum daily balance of $1,500 or more. The handling fee covers the cost for the packaging, repackaging and movement of. my Fee from BofA Checking with a Money ">Can I Waive my Fee from BofA Checking with a Money. The bank waives the $8 monthly maintenance fee on the savings account for customers who either maintain a daily balance of at least $500, link to a Bank of America Advantage Relationship Banking. Low monthly account maintenance fee of only $12, but is waived if one of the following conditions is met: - Maintain a daily balance of $2,500 - Link an existing Bank of America account to the Money Market Savings Account - Become a Bank of America Preferred Rewards client Bank Of America Money Market Savings Account Review. Had an online bank account with Bank of America. Best Bank Bonuses & Promotions Of May 2023 – Forbes Advisor. Bank of America charges a $120 a year maintenance ">Warning. Can you get monthly maintenance fees for Bank of America checking accounts refunded? - Quora Answer (1 of 13): At this point in time, no — unless you can qualify. Personal Schedule of Fees | Bank of America. Monthly maintenance fee: $4. Bank of America Core Checking Account has a $12 Monthly Maintenance fee which is waived with at least 1 direct deposit of $250 each month or maintain a minimum daily balance of $1,500 or more. Checked my balance to see it was -$9. Bank of America’s Advantage Savings Account has a monthly maintenance fee of $8, which you can avoid if you maintain at least a $500 balance or link your account to a BofA checking account. The Advantage Plus Banking has a $12 monthly fee unless you meet the following requirements: Make one qualifying direct deposit of $250 Maintain a minimum daily balance of $1,500 or more. It only requires a $25 minimum deposit with a $4. Monthly Maintenance Fee: Waiver for an account holder under age 18 (minor) requires that the Minor is listed as the primary owner. U8a_GxUVw-" referrerpolicy="origin" target="_blank">See full list on gobankingrates. fee you must use only self service options with your deposits and withdrawals and go paperless with your statements. Monthly maintenance fee: $12 or $0 Bank of America Advantage Relationship Banking® Required opening deposit: $100 Interest-bearing account: Yes (The annual percentage yield, or APY, will vary based on the amount in your account. 00 monthly maintenance fee. Bank of America Advantage Plus Banking® Clarity …. The $12 fee applies to transfers exceeding $1, and there’s a limit of one. fees">Overview of Rewards Money Market Savings key policies and fees. You can avoid the Monthly Maintenance Fee when you do ONE of the following each Maintenance statement cycle: Fee • Make at least one qualifying Direct Deposit of $250 or more, OR Maintain a minimum daily balance of $1,500 or more, OR Enroll in the Preferred Rewards program. Roku offers hundreds of free channels, and it can stream channels from an existing cable subscription depending on the cable provider. A $12 monthly fee applies to the Advantage Plus account, but it can be waived if you: Maintain a $1,500 minimum daily balance Have at least one eligible direct deposit of at least $250. A basic checking account may charge $5 per month, while a rewards checking account may charge $12 per month, for instance. Bank of America Review 2023: Pros and Cons. 3 With Truist One Checking you never have to wonder if you’re getting the most from your checking account. Bank of America Advantage Banking: Explore Checking …. "The last ten years have been even worse for value investors than the dotcom bubble," Bank of America said. Bank of America Advantage Plus Banking®. How to avoid Bank of America account fees. A handling fee is an amount charged to a customer on top of the purchase price and sales tax. For example, Bank of America charges a $12 per statement cycle maintenance fee on its Advantage Plus banking account. Bank of America Advantage Plus has a $100 minimum opening deposit and a $12. Most people around this sub know that if you have certain plan with Bank of America, if your checking account dips below $1500 and it stays there within your monthly maintenance check, you get charged $12 to your checking. Please contact us to learn more. The first way to avoid the fee is to have a qualifying direct deposit of at least $250. Bank's monthly maintenance fees can be avoided for all but one account. The monthly fee and account deposit minimum are lower than other BoA checking accounts: the Bank of America Advantage Plus Banking® ($100 minimum deposit; $12 monthly fee) and the Bank. What I have recently discovered, BOA charges me directly after I pay my rent and doesnt matter the date. You can make payments through online banking, by mail, or over the phone. The Advantage Plus Banking has a $12 monthly fee unless you meet the following requirements: Make one qualifying direct deposit of $250 Maintain a minimum daily balance of $1,500 or more Be a. There are additional eligibility requirements for these programs. The cost for sending a child to Mathnasium varies by program type and location, but monthly fees usually run between $175 to $225, according to Mathnasium franchising website 1Mathnasium. Bank of America charges customers a Monthly Maintenance Fee when they open a checking account. Bank of America® Clarity Statement® Bank of America Core Checking® Understanding Bank of America Core Checking® An overview of key policies and fees Your Core Checking account Monthly Maintenance fee $12. Bank of America Checking Account Fees. There’s no fee for a continuous negative balance, which some banks charge. 00 each month You can avoid the Monthly Maintenance Fee when you meet one of thefollowing balance requirements during each statement period:. Monthly Maintenance Fee: $12 or $0 – Fee may be waived when enrolled in Preferred Rewards or have at least one qualifying direct deposit of $250 or more, or maintain a minimum daily balance of at least $1,500 each statement cycle. Besides enrolling in Preferred Rewards or qualifying as a student, you can avoid the monthly fee if you: Have at least one qualifying direct deposit of $250 or more, or Maintain a $1,500 minimum daily balance. Chase checking account monthly maintenance fees vary from $4. Bank of America Promotions: Top 10 Offers for May 2023">Bank of America Promotions: Top 10 Offers for May 2023. Which bank does not charge monthly fees? Citibank and TD Bank are the only two banks that offer no interest checking accounts with no. Bank of America Fees (Updated 2023). Bank of America Advantage Plus Banking® features a $12 monthly service fee monthly maintenance fee and options for adding overdraft protection and paper checks. Bank of America Monthly Maintenance Fees: How To Avoid. What banks have monthly fees?. These deposits qualify for Bank of America Advantage Plus Banking ® and Senior Economy Checking monthly maintenance fee waiver. A basic checking account may charge $5 per month, while a rewards. Bank of America’s Advantage Savings Account has a monthly. 95 to $25 for the bank’s standard checking options, and from $25 to $35 for the bank’s premium checking options. Qualifying direct deposits are deposits of regular monthly income (such as your salary, pension, or Social Security benefits) that are made by your employer or other payer using the account and routing numbers that you provide to them. Bank of America charges a $144 a year maintenance ">Warning. What is the $12 monthly maintenance fee bank of America? Bank of America Core Checking Account has a $12 Monthly Maintenance fee which is waived with at least 1 direct deposit of $250 each month or maintain a minimum daily balance of $1,500 or more. Bank of America maintenance fee : r/personalfinance. For MyAccess acounts: To avoid the monthly $12 maint. This agreement must be signed, notarized (as required) and returned to us by the stated deadline for the modification to become permanent. Which bank does not charge monthly fees? Citibank and TD Bank are the only two banks that offer no interest checking accounts with no minimum to open. Account Maintenance Fees for Savings, Checking, CDs …. Had an online bank account with Bank of America. Will Bank of America refund maintenance fees? Each Bank of America account will charge a monthly maintenance fee between $4. Best Student Bank Accounts as of May 2023. I've now made a deposit so I won't get the fee again this month. Can you get monthly maintenance fees for Bank of America checking accounts refunded? - Quora Answer (1 of 13): At this point in time, no — unless you can qualify. However, after these milestones, the account-holder will have to pay a somewhat high monthly maintenance fee: $4. $100 or more Monthly $12. $12: Yes: Receive at least one direct deposit of $250 or more a month; Maintain a minimum daily balance of $1,500; Enroll in the Preferred Rewards program; Bank of America Advantage Relationship Banking: $25: Yes: Maintain a combined balance of $10,000 or more in linked accounts; Enroll in the Preferred Rewards program; Bank of America. The big fee to watch out for with the Bank of America Advantage Savings account is the $8. When did bank of America start charging a monthly maintenance fee?. Bank of America">Home Loan Modification Program. No Monthly maintenance fee for each statement cycle that you: Maintain a minimum daily balance of at least $300. Monthly Bank Maintenance Fees: How to Avoid Them. I finally regain online access today and it looks like they're been charging me a $12 maintenance fee for the past 6 mos. Bank of America Advantage SafeBalance Banking ® Bank of America Advantage Plus Banking ® Bank of America Advantage Relationship Banking ® Open now: Open now: Open now: Minimum opening deposit:. Citi's Simple Checking account has a $12 monthly fee, which you can avoid several ways: Make one bill payment and have one direct deposit each statement period. 95 monthly maintenance fee. There are a few ways consumers can avoid the $12 monthly maintenance fee. For example, an account with less than $2,500 in it in West Central Florida will generate a 0. com%2fbanking%2fbanks%2fhow-to-avoid-bank-of-america-monthly-maintenance-fee%2f/RK=2/RS=e040MVbdaA8t4. of the following each statement cycle:.