Bank of China Checking Account
in Checking Accounts from Bank of China · Member FDIC
Would you recommend Bank of China Checking Account to your friends?
| Community Rating |
Rating not yet determined |
| Monthly Fee | $0 - $20 |
| ATM Fee: Out-of-Network | $0 |
| Minimum Balance to Avoid Monthly Fee | $1,000 |
| APY (Annual Percentage Yield) | 0.05% - 0.30% |
Bank of China Checking Account Review
Bank of China Checking Account is offered by Bank of China, a bank founded in 1912 and based in New York, NY. Bank of China Checking Account is available in 50 states (and Washington, DC).
- Low APY. The maximum annual percentage yield for this account is only .30%.
- Charges a monthly fee. This account charges a monthly service fee of up to $20, but the fee is waived if you keep a minimum balance of $1,000.
- $500 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
- Hard credit pull. Bank of China may require a hard pull on your credit report to open a checking account.
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Are checking accounts from Bank of China federally insured?
Yes, your Bank of China checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What APY does Bank of China Checking Account offer?
Bank of China Checking Account offers an APY starting at 0.05% and ranging up to .30% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep an average beginning day balance of at least $500.
| Rates | Amount |
|---|---|
| APY (Annual Percentage Yield) | 0.05% - .30% |
What are the account minimums for Bank of China Checking Account?
Bank of China Checking Account requires a minimum initial deposit of $500 to open an account.
| Description | Amount |
|---|---|
| Minimum Opening Deposit | $500 |
| APY Minimum Balance | $500 |
| Minimum Balance to Avoid Monthly Service Fee | $1,000 |
What fees does Bank of China Checking Account charge?
This account charges a monthly service fee of up to $20.
| Description | |
|---|---|
| ATM Fee: In-Network | $0 |
| Check Copy | $7 |
| Debit Card Replacement Fee | $50 |
| Early Account Closure | $30 |
| Foreign Transaction Fee (Debit Card) | 1.75% |
| Monthly Fee | $0 - $20 |
| NSF Fee | $20 |
| Online Bill Pay Fee | $20 |
| Overdraft Item Fee | $15 |
| Overdraft Protection Fee (per transfer) | $15 |
| Paper Statement Fee | $7 |
| Returned Deposit Fee (Domestic) | $10 |
| Returned Deposit Fee (International) | $10 |
| Stop Payment Fee | $20 |
| Wire Transfer Fee - Domestic (Incoming) | $25 |
| Wire Transfer Fee - Domestic (Outgoing) | $25 |
| Wire Transfer Fee - International (Incoming) | $30 |
| Wire Transfer Fee - International (Outgoing) | $30 |
| ATM Fee: Out-of-Network | $0 |
Does Bank of China Checking Account charge overdraft fees?
Yes, Bank of China Checking Account charges a $15 fee for every overdraft fee.Bank of China Checking Account offers overdraft protection at a cost of $15 per transaction.
What features and perks does Bank of China Checking Account offer?
This account includes the following features:
- Mobile Banking Services - Bank of China Checking Account allows you to manage your money online or with a mobile app.
How do people rate the customer service and user experience of Bank of China Checking Account?
Overall, Bank of China Checking Account is mostly recommended based on community reviews that rate customer service and user experience.
Contact
- Headquarters
-
410 Madison Avenue
New York, NY 10017 USA - Visit Site
Other Services by Bank of China
Availability
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Washington, DC
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Feature Breakdown
| APY Minimum Balance | $500 |
| Minimum Opening Deposit | Starting at $500 |
| Minimum Balance to Avoid Monthly Fee | $1,000 |
Bank of China Checking Account Community Reviews
Would you recommend Bank of China Checking Account to your friends?
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