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Bank of America Advantage Savings - Why I Closed My AccountTo open an account, you need $ Plus, with a monthly fee of $8 that you can waive by maintaining a minimum balance of $, it's not the most expensive. You can avoid the Monthly Maintenance Fee when you meet ONE of the following requirements during each statement cycle: Maintain a minimum daily balance of $ Interest rate, APY, Minimum deposit. Advantage Savings, %, %, $ Advantage Savings, Gold, %, %, $ Advantage Savings, Platinum, %.