Consumer Confidential: Bank of America’s $12 Charge for Depositing a Check That Bounces Is Another Spurious Bank Fee
The road to corporate greed is paved with nickel-and-dime bank charges. Want a paper statement? That’ll cost you a few bucks. Not making enough deposits or withdrawals? That’ll result in an inactivity fee of as much as $10. Don’t meet minimum balance requirements? Here’s your monthly $25 account maintenance fee. But the returned-check fee might take the cake. Brian Baltow recently received a check from a client for $120....
