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Posted by Laura on March 7, 2008, 6:50 am
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> wrote:
>
>><BRH> wrote in message
>>> Because I will soon be moving to an area not serviced by Wachovia (my
>>> current bank), I'm considering opening a checking account at Bank of
>>> America (BoA). Since BoA has branches both here and where I'll be
>>> moving
>>> to, I figure that I can start transitioning my finances over to them
>>> now.
>>>
>>> I've always paid my bills online with Wachovia thru Quicken, and have
>>> never been charged any fees. Does anyone know whether Bank of America
>>> works the same way, or do they charge a monthly fee if you pay bills
>>> thru
>>> Quicken?
>>>
>>> Thanks!
>>
>>Yes. They tried to charge us when we first opened the account because they
>>thought we had signed up for the Quicken bill pay. When we told them that
>>we
>>were only downloading into Quicken they reversed the charge.
>>
>>The work around is to do your bill paying on the BoA website instead.
>>That's
>>how I pay my bills and don't have a monthly service fee. I also have
>>several
>>vendors that send me e-bills through BoA. I don't think that is available
>>if
>>I pay through Quicken. I can also pay my bills if I am on someone else's
>>computer when traveling.
>
> Some things you don't get without paying the fee are currently updated
> credit card transactions. You have to download the monthly statements
> to update and get no updates between. You can still use bill pay on
> someone elses computer and the transactions are automatically entered
> in Quicken later when you do an update. I did not at all like being
> charged a fee, but I also kind of like just entering my monthly
> transactions into my Quicken register and automatically having the
> bills paid when I update. I guess to each their own.
I also have 2 BoA cc cards. I don't pay a fee and my transactions are being
downloaded in real time.
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