Bank of America Considers Tiered Fee Structure
by Hugh Collins on Sep.20, 2010, under Towing
Bank of America (BAC) may introduce a tiered fee structure modeled on mobile phone service contracts.
Under the proposed scheme, the bank would reward customers who maintain minimum current account balances, use their credit card a certain number of times each month, or do all their banking online, The Financial Times reported. Customers who don’t do these things would be charged more.
Continue reading Bank of America Considers Tiered Fee Structure
Bank of America Considers Tiered Fee Structure originally appeared on DailyFinance on Mon, 20 Sep 2010 07:36:00.
Filed Under: Company News, Economy, Bank of America, Credit, Retail
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