Bank of America announced today that it will start offering an online-exclusive checking account called “eBanking”, which also comes attached with an $8.95/month fee “if customers want paper statements or access to tellers for routine statements.” You can open one of these accounts online, at a branch, or even through the phone. Continue reading to see an earnings preview.
Customers must also use ATMs to check balances and for deposits and withdrawals, or they’ll be charged the $8.95 fee.
