Bank of America (BoA) is a multinational banking corporation with headquarters in Charlotte, North Carolina. As of 2014, it has an asset size of $2.126 trillion making it the 12th largest bank in the world in terms of assets.

Bank of America is one of the so-called Big Four of the U.S. banking industry alongside its competitors Wells Fargo, Citigroup, and JPMorgan Chase. It is second only to Citigroup in terms of asset size.

Below are the latest Bank of America fees.


Account Fees

Core Checking (monthly)$12.00
eBanking (monthly)$8.95
Regular Checking (monthly)$14.00
CampusEdge Checking (up to 5 years)$0.00
Advantage with Tiered Interest Checking (monthly)$25.00
Interest Checking (monthly)$25.00

Other Account Fees

Bill Pay$0.00
ATM - Bank of America$0.00
ATM - Non-Bank of America$2.50
Check Image Service Fee$3.00
Copies of checks and other items$3.00
Debit Card Replacement Fees$5.00
Legal Process$100.00
Overdraft and Returned Items$35.00
Extended Overdrawn Balance Charge$35.00
Overdraft Protection Transfer$10.00
Checks and Deposit SlipsVaries
Returned Items (International)$15.00
Returned Items (Domestic)$12.00
Stop Payment$30.00
Wire Transfers and DraftsVariable

Bank of America offers traditional bank products and services like checking accounts, credit cards, home mortgage, auto loans, and various investment instruments.

Bank of America traces its roots back to 1904 with the establishment of the Bank of Italy in San Francisco. Its founder, Amadeo Giannini, would later merge it with the Bank of America in Los Angeles. In 1930, he renamed it as the Bank of America National Trust and Savings Association.

Credit Cards

Bank of America boasts of a wide range of credit cards designed to meet the different needs of its customers.

The Cash Rewards credit card is offered to clients with excellent credit. It gives cardholders the chance to earn cash back every time they use the card. It also offers a bonus offer of $100 in cash rewards.

The Travel Rewards credit card is best suited to frequent flyers while the Better Balance Reward credit card is designed to help cardholders pay down their balance faster. The Visa card, meanwhile, has the lowest interest rates among all the Bank of America credit cards.

Checking and Savings Accounts

Bank of America’s checking accounts offer a lot of convenience to its clients. With Bank of America Core Checking, clients can enjoy low opening deposit as well as access to thousands of ATMs across the country. They can also keep track of their accounts through online and mobile banking. With online and mobile banking, clients can pay bills online, receive customizable alerts and even be reminded about their payment obligations.

You could also opt for a checking and savings account with Bank of America. With a regular savings account, you won’t have to pay the monthly maintenance fee.

Both checking account and checking plus savings account have a low opening deposit of $25.

Check the table above to find the latest Bank of America fees.

Home Loans

Bank of America also offers home loans. You could choose to purchase a house, or refinance an existing mortgage, or apply for home equity a portion of which you can use for major expenses like home renovation or repair and even debt consolidation.

Home mortgage loan terms may range from 15 years, 20 years, and 30 years fixed with interest rates ranging from 3.375 percent to as high as 4.125 percent.

Bank of america fees logoFor mortgage refinancing, potential customers may apply for 30 year, 20 year, and 15 year fixed with interest rates and annual percentage rate, or the annual cost of a loan to the borrower, varying depending on the terms.

Bank clients who have built up equity in their home mortgages may also apply for home equity. Bank of America terms and Bank of America fees are detailed on their official website.

For more information on Bank of America and Bank of America fees, visit their official website.

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