Bank of America can change the fees it charges you at any time, as long as it gives you advance notice; if you keep using your account after the changes take effect, that counts as agreeing to the new terms.
Consumers may face higher fees without any active agreement on their part, as the clause deems continued account use as acceptance; consumers who do not monitor their account communications may unknowingly consent to fee increases.
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Compare across platforms →This clause means your banking costs can increase at any time with only the legally required minimum notice, and simply continuing to use your account — even if you never read the notice — is treated as acceptance of higher fees.
REGULATORY FRAMEWORK: Fee change notice requirements are governed by Regulation DD (12 C.F.R. § 1030.5), which requires 30 days advance notice before implementing changes that adversely affect consumers, and Regulation E (12 C.F.R. § 1005.8) for changes to terms of electronic fund transfer services. CFPB UDAAP authority applies if the notice method or timing is inadequate or misleading.
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