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.