glacier922 | 09-04-2013 06:47 PM | Free Bank of America checking by transferring money back and forth? Just got out of a Bank of America today. They said in order to waive the monthly fee, you have to maintain a minimum of 1500 bucks or have a direct deposit of 250 bucks every month. It has to be ach deposit. Called PayPal and they said that the way they deposit is ach. Can I transfer money into b of a every month, then transfer it back to PayPal, then transfer it back in to avoid that 12 dollar fee?
The only scary thing is that PayPal might limit your account all of a sudden and then bam! Your 250 bucks is stuck there! Any thoughts? |