Bank of America just imposed a new $60 annual fee on their previously free personal savings account.

Today I noticed a $5 fee was deducted from my savings account. I called and was informed this is required, unless I met certain minimum balances, etc.I cancelled my savings account, which I've had for over 30 years.Link below for more info.http://ift.tt/2jBtyHO: new fee, customer service agent confirmed to me on the phone that it just started today. She's had many people call in to complain/cancel. via /r/personalfinance http://ift.tt/2jzgNxu

Today I noticed a $5 fee was deducted from my savings account. I called and was informed this is required, unless I met certain minimum balances, etc.

I cancelled my savings account, which I've had for over 30 years.

Link below for more info.

http://ift.tt/2hHKpIw

Edit: new fee, customer service agent confirmed to me on the phone that it just started today. She's had many people call in to complain/cancel.