Bank Of America Plan: No Paper, No Teller, No Fee

CharlotteObserver.com: Business, Charlotte Observer: Business
Thu, 07/15/2010 - 4:02am

(By Christina Rexrode, crexrode@charlotteobserver.com) Bank of America is introducing a new checking account that requires no minimum balance and is free - as long as customers don't want paper statements or much face time with tellers.The new eBanking account, announced Wednesday night, is a signal of how the Charlotte bank could come up with cheaper ways to offer checking accounts rather than getting rid of free checking altogether.

Topics: christina rexrode america charlotte paper teller checking free account

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Bank Of America Plan: No Paper, No Teller, No Fee

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