FAQs: Account Rates and Fees

An Overdraft Item Fee is charged when you write a check or make a withdrawal for an amount that exceeds the balance in your eligible checking or savings account and Bank of America pays the overdraft item anyway.

When we determine that your account is overdrawn after we finish processing for the day, and we pay for the transaction or transactions, we may charge an Overdraft Item Fee of $35.00 per item.

You Consumer accounts can be charged a maximum of 4 Overdraft Item Fees and Returned Item Fees in a single day. Small business accounts can be charged no more than 8 Overdraft Item and Return Item Fees per day. Additional information on Small Business checking fees can be found in our Fees At A Glance page.

We do not charge you an Overdraft Item Fee on an everyday non-recurring debit transaction. We also do not charge an Overdraft Item Fee on an ATM transaction unless you agreed to our overdraft practices for that particular ATM transaction.

Although Bank of America is not obligated to pay an item if your account is overdrawn, the bank may pay these items as a courtesy to you. If you are charged an Overdraft Item Fee, you can view the details in your Online Banking transaction record. View our checking accounts page for additonal fee details.

An Overdraft Protection Transfer fee may be charged when a transaction overdraws your eligible checking or savings account and, as a result, available funds are transferred from your eligible linked Overdraft Protection account to cover the amount.

Consumer accounts can be charged a maximum of 4 Overdraft Item Fees and Returned Item Fees in a single day. Small business accounts can be charged no more than 8 Overdraft Item and Return Item Fees per day. Additional information on Small Business checking fees can be found in our Fees At A Glance page.

When you do not have enough available funds in your account to cover an item, and we decline to pay or return the item unpaid (a returned item), we will charge an NSF: Returned Item fee for each returned item.

We do not charge you an NSF: Returned Item fee when we decline an ATM transaction or an everyday non-recurring debit card transaction. When you do not have enough available funds in your account to cover an item, and we decline or return the item unpaid (a returned item), we charge a $35 NSF: Returned Item Fee. View our checking accounts for details.

The cost varies by the size of the box. Schedule an appointment to inquire about safe deposit box availability and pricing.

Explore our checking accounts options and select an account to review the details, including pricing. You can also receive pricing information by calling 800.432.1000, weekdays from 7 a.m. to 10 p.m., local time. Refer to your Personal Schedule of Fees for details.

Maintenance fees vary by account. Visit the checking area of our website and select an account to review the details, including fees. You may avoid the maintenance fees on checking accounts by meeting certain balance or deposit requirements. Refer to your Personal Schedule of Fees for details.

Pricing and fees for savings accounts vary by account. Visit the savings area of our website and select an account to review the details, including pricing. You can also receive pricing information by calling 800.432.1000.

Visit our Deposit Interest Rates page to view current CD rates and annual percentage yields.

A Check Enclosure fee is charged for returning cancelled checks with your monthly statement. To change the way you receive your statements, sign in to Online Banking, and go to the Statements & Documents tab for your account.

A Check Image Service fee is charged for returning images of your canceled checks with your monthly statement. You can receive an online version of your statement which includes images of your cancelled checks at no cost. To change the way you receive your statements, sign in to Online Banking and go to the Statements & Documents tab for your account.

This fee occurs whenever you initiate a stop payment on a check or a payment through Bill Pay.

Late fees may vary by account. To avoid any late fees, please review this summary of fees to learn which fees may apply to your accounts.

A Non-Bank of America ATM fee occurs whenever you access an ATM outside Bank of America's network for withdrawals, transfers, or balance inquiries. In some instances, you may be charged a fee by the ATM operator or network as well. View our checking accounts for details.

Locate a Bank of America ATM or financial center or schedule an appointment

Each time your account had a negative balance for 5 consecutive business days, you would have received an additional one-time Extended Overdrawn Balance Charge on the sixth day. This fee was in addition to any applicable fees for overdraft items, insufficient funds and returned items.

If an everyday non-recurring debit transaction or an ATM transaction, for which you did not agree to our overdraft practices, is the transaction that caused your account to become overdrawn, we did not start the 5-business day period. We did start the 5-business day period if another type of transaction either caused or increased the overdraft in your account.