I have a Bank of America checking account. For most of my ongoing expenses, I charge them to my Visa credit card and then when the credit card bill is due, the amount to pay off the credit card is automatically pulled from my checking account on a monthly basis.
This set up has thus far worked for me. I get some points from the credit card too. Based on this type of set up, will I get charged the $5 a month fee that Bank of America is going to start collecting as a debit card use fee? Or is this fee only assessed if you go into a store, make a purchase, and select to use your BofA card as a debit card?
I called Bank of America, but they are closed today.
Thank you for your advice.
This set up has thus far worked for me. I get some points from the credit card too. Based on this type of set up, will I get charged the $5 a month fee that Bank of America is going to start collecting as a debit card use fee? Or is this fee only assessed if you go into a store, make a purchase, and select to use your BofA card as a debit card?
I called Bank of America, but they are closed today.
Thank you for your advice.