Bank of America Online Banking
Bank of America online banking is available to any customer who currently does business with the bank. Participation in the Bank of America online banking program is free and easy to set up.
One feature that sets the Bank of America online banking program apart from its competitors is the way it handles bill payments. You'd think a lot of data entry would be required, but that's not the case. The program already knows the billing addresses of the most commonly used payees.
To set up a payee such as your electric company, start by accessing the built-in list of payees that the Bank of America online banking program maintains. The program already knows the names of the major players in the community and maintains the names and billing addresses that most customers are likely to use such as electric, cable, and utility companies, area department stores and local major financial institutions. Pick the payee from the list, enter your loan or account number and in seconds, that payee is set up.
If the payee does not exist in the list, you enter payee details one time, and you never have to deal with a payee again until there's a change in address or other account details. When you have all your payees entered, they appear listed in alphabetical order. Next time you open the Bank of America online banking program to pay bills, you select the payee, enter the amount due and the day you want the payment to show up at the payee address.
Now here's the cool part about the Bank of America online banking bill paying option. The money for the payment is not debited from your account until the payment arrives at the payee billing address. Most other bill paying options debit the money the day the payment is mailed not delivered, meaning the bank has 4 – 7 days to earn interest on your money! So in effect, you actually earn money by using the Bank of America online banking option.
Bank of America – Student Banking
Bank of America is one of the leading banks in the USA and it offers a wide range of banking services some of which are especially designed for students.
Federal and private loans are available for all grade levels and area of study – from kindergarten right through graduate school.
Campus Edge Checking:
This is a checking account designed keeping the needs of students in mind. It is free for five years and does not require a minimum balance to be maintained at all times. Students can also use the free online banking service and are provided the facility for unlimited bill payment and a Stuff Happens card which can be used for a one time refund of an unexpected service fee. Students can access their money from anywhere through the 16,000 Bank of America ATMs and 5,800 banking centers. Students can also receive online bank transfers from a parent's Bank of America account and no transfer fee is levied for this transaction.
Student Visa Platinum:
This is a student's card which has no annual fee and it offers free online banking service. No co-signers are required and the user can make use of discounts available on a variety of services. The card can be personalized with a photograph too.
Education Maximizer:
Education Maximizer is an unsecured credit based loan program for students which does not require the usual financial forms or school certification. If you have a good credit you can easily get Education Maximizer. This program can be used for any education related expense like a computer and previous school fees.