BofA Introduces Fees to Replace Debit-Card, Overdraft Charge

BofA Introduces Fees to Replace Debit-Card, Overdraft Charge

Ramin Talaie/Bloomberg

The biggest U.S. lender by assets is introducing four new accounts where users pay fees unless they keep minimum balances, make regular deposits, use credit cards or take advantage of online services, said Joe Price, head of the Charlotte, North Carolina-based company’s consumer-banking operations.