Bank of America's new checking account awards those who bank online
is launching a new checking account that encourages customers to stick to banking online, through ATMs or over their mobile phones.
Called eBanking, the new account will be free to customers provided they do what is suggested in the title -- stick with electronic banking. Should the customer use a bank branch, they will have to pay an $8.95 monthly maintenance fee. "But just for that month," says Bank of America spokeswoman Anne Pace.
Bank of America tested the new account in Georgia and will make it available nationwide on August 6, according to Pace.
