I opened a money market Bank account last summer for my two children. I was told there was no minimum amount to open and keep it. I have been slowing adding to that account, and never withdrawing from it. All of a sudden, both accounts got charged $10 because of "low balance". Well, now it is even lower isn't it?? Why would I put my money in the bank if I end up with less, not more money? I am closing those accounts, and using a piggy bank instead.
My business is not going to Bank of America again. All my accounts will be closed and my money will be deposited in a credit union.