Bank of America is changing its free checking rules and customers are unhappy.
TAMPA, Fla. (WTEN) – Bank of America is making some changes to its free checking rules and customers are not happy.
The company is moving its e-banking customers to a standard checking account. This means people will have to keep more money in their accounts if they want to avoid paying a fee.
To avoid the $12 monthly charge, clients must either receive a direct deposit of at least $250 or maintain a minimum daily balance of $1,500.
A Change.org petition has now gathered more than 45,000 signatures as people are trying to convince the bank to keep the old accounts.
