My husband and I are members of BOA for years with multiple accounts including the business.We were both surprised to see the "ADVANTAGE MONTHLY MAINTENANCE FEE" OF $25.00 automatically deducted from our account.
Called up and said that our free checking was upgraded to Advanced Tiered for maintaining high balance. Didn't make any sense to me.
I asked if this was an automatic decision by the bank "just because" and their reply was that somebody had to sign the authorization form.
Well, I set up an appointment for tomorrow with our local branch manager who knew us well to discuss this.I'll come back to this site with update after our meeting.
Review about: Bank Of America Checking Account.
Monetary Loss: $280.