jessjacobsq asked:


I bank with Bank of America and they offer a custodial savings account. I like this option because I can transfer money each week from my checking account to this account. I don’t understand about why they report interest rate to child’s credit report. Any help there would be great. Also are there any other investments I can start besides the savings account that requires small amount of money up front for my three yr old then also start for my 1 yr old.
Thanks

Virginia

Babycake1212 asked:


what is Bank of american overdraft protection? and how does it work? Do i get charged and if so how much?

Basically i purchased two cellphones which i got over charged for accidently. My checking account didn’t have enough money for what i was charged causing bank of america to use my savings to pay the rest of the amount. Will they charge me for this since they’re using my own savings account?

Tyson

???? asked:


This question applies to Bank of America.

If you want a checkings account (campus edge checking account), do you need to have a savings account open.

There’s not even $200 in the checkings and I don’t have the $300 to put in the savings in order to waive the monthly fees.

Can I cancel the savings and stay only with the checkings account?

Cameron