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*This month Bank of America is completing its years-long phaseout of its eBanking account, which didn’t charge monthly maintenance fees if customers received paperless statements and didn’t use bank tellers for routine transactions.
What the bank did was convert those customers to another checking account that requires them to keep more money at the bank to avoid fees that are higher.
As you can imagine, pissed off customers and others telling BOA just how they feel about it via social media.
Here the FULL story …
CHARLOTTE, N.C — Bank of America is facing a backlash over eliminating a free checking account and moving customers into accounts with minimum monthly balance requirements. This month marks the completion of a years-long phase-out of the eBanking account, which didn’t charge a monthly maintenance fee as long as customers received paperless statements and didn’t use bank tellers for routine transactions.
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