Posted byon July 17, 2009
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Bank of America offers various sign up bonuses from time to time. The latest promotion is $75 for a new checking account. And it’s a nice one, since you don’t have to set up direct deposit! It’s our Free Money Friday offer this week.
No monthly maintenance fee. There is no monthly maintenance fee when you open this account online.
No minimum balance required. While there is a minimum balance to open; you don’t need to tie it up from month to month.
More on Fees. I contacted Bank of America to verify that there is no fee, since when you go through the application process, it mentions a fee. They provided me with a copy of the addendum that confirms there is no fee if you open the account online.