Bank of America Fee Schedule

This is Bank of America's Personal Schedule of Fees, effective February 20, 2026, which discloses the fees, waiver conditions, and operational rules for personal checking, savings, CD, and IRA accounts. The most operationally significant provision is the transition of the Preferred Rewards program to BofA Rewards on or about May 26, 2026, which restructures the balance tiers and changes which fee waivers customers qualify for, including monthly maintenance fees, ATM fees, overdraft item fees, wire transfer fees, stop payment fees, and card replacement fees. The document also discloses that Bank of America may change interest rates on variable-rate accounts at any time without limit or notice, and that foreign currency exchange rates for wire transfers are set by Bank of America at its sole discretion.

This Personal Schedule of Fees, effective February 20, 2026, governs fees and account terms for Bank of America personal deposit accounts including checking, savings, CD, and IRA products offered by Bank of America, N.A., a federally chartered Member FDIC institution. The schedule states that monthly maintenance fees range from $4.95 to $25.00 depending on account type, that overdraft items are assessed at $10.00 per item with a cap of two fees per day, that non-Bank of America ATM withdrawals incur fees of $2.50 domestically and $5.00 internationally, and that wire transfers carry fees of $15.00 to $45.00 depending on direction and currency; the document authorizes Bank of America to change accounts, services, terms, and conditions at any time. The schedule discloses a transition from the existing Preferred Rewards program to a restructured BofA Rewards program on or about May 26, 2026, which will alter the balance tier thresholds, tier names, and fee waiver eligibility criteria across multiple fee categories including monthly maintenance fees, ATM fees, overdraft fees, wire fees, stop payment fees, and card replacement fees. The document also establishes that interest rates on variable-rate accounts may be changed at the bank's discretion without limit or notice, and that exchange rates for foreign currency wire transactions are determined by Bank of America at its sole discretion, which may interact with Regulation E disclosure requirements under the Electronic Fund Transfer Act and with the Consumer Financial Protection Bureau's remittance transfer rules for international wires. The schedule is subject to oversight by the CFPB as the primary federal regulator of consumer financial products, and state-specific complaint procedures are disclosed for New York and Maine consumers, engaging state supervisory frameworks including the New York Department of Financial Services.

The agreement establishes monthly maintenance fees ranging from $4.95 to $25.00 across account types, with waiver conditions tied to minimum daily balances, qualifying direct deposits, or enrollment in the Preferred Rewards or BofA Rewards program. Under these terms, the transition to BofA Rewards on or about May 26, 2026 will change the balance thresholds and tier names required to waive fees including monthly maintenance, ATM, overdraft, wire transfer, stop payment, and card replacement fees, which may affect customers currently qualifying for waivers under the existing Preferred Rewards tier structure. The document also states that Bank of America may change interest rates on variable-rate accounts at its discretion without limit or notice, and may modify account terms, fees, and services at any time.