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BoA and ACH transfers

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Green456
Established Contributor

BoA and ACH transfers

Are ACH pulls out of BoA free or $3? Basically I’m trying to get extra 10% cash back bonus and milk BoA as much as I can but I don’t want the king of fees to get me.
Message 1 of 5
4 REPLIES 4
RonM21
Valued Contributor

Re: BoA and ACH transfers

This is what I found online: To Bank of America account: $0 From Bank of America account (3 business days): $3 From Bank of America account (next day): $10


Total CL: $321.7kUTL: 2%AAoA: 7.0yrsBaddies: 0Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

BoA-55k | NFCU-45k | AMEX-42k | DISC-40.6k | PENFED-38.4k | LOWES-35k | ALLIANT-25k | CITI-15.7k | BARCLAYS-15k | CHASE-10k

Message 2 of 5
Green456
Established Contributor

Re: BoA and ACH transfers

Yes I saw that too. But the wording is a little vague. Also there is two kinds of ACH transfers push when you initial transfer from BoA and pull when you initial transfer from 3rd party. I do know that BoA charges for initiating the transfer but does it charge when someone just pulls the money out via another bank?
Message 3 of 5
Anonymous
Not applicable

Re: BoA and ACH transfers

I don't have BoA but from my experience with many other banks, the stated fee should only apply to ACH push INITIATED at that bank, no fee should apply to ACH pull from a 3rd party.

Message 4 of 5
Anonymous
Not applicable

Re: BoA and ACH transfers

I have boa and pulling from an external account hasn’t triggered a fee for me. However anytime I push money from BoA. There’s always been a fee.
Message 5 of 5
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