Nickname: Steven

Review: Make sure you read the fine print: It's 25K in deposit accounts, i.e. checking, savings, CDs -- not cash in your investment account. I don't imagine that many active investors will want that much cash sitting in a savings account earning six-tenths of a percent. However, I do have some cash tucked away in CDs so I do qualify. And I will say that free trades execute just as quickly as commission trades did. Definitely comparable to my Ameritrade and Scottrade cash accounts. So far I am thrilled by the ability to get in and out of trades for no extra cost.

Date reviewed: Nov 29, 2006 2:22 AM

Nickname: Ben

Review: Execution, tools, service, commissions - in that order -are the critical components of trading. Going to BofA simply to get free commissions is downright foolish.

Date reviewed: Oct 12, 2006 4:55 PM

Nickname: tweety bird

Review: Wow! Thank you for all of your insights. I was posed to sell my TD Ameritrade this morning as I was fearful until I read the parmaeters of the BofA free traded. Thank you.

Date reviewed: Oct 12, 2006 3:36 PM

Nickname: RB

Review: Where are free trades actually available? This is what I got when I inquired about opening an online brokerage account at BofA: "This exciting new opportunity is not yet available in your area. It is being unveiled across the country in phases and is expected to be complete by spring 2007."

Date reviewed: Oct 12, 2006 12:36 PM

Nickname: ToxicNJ

Review: Greater than $25K, fine: But what % of Ameritrade's customers have accounts of LESS than $25K? Those people won't benefit from BofA's deal, so they'll stay. Same with E-Trade and others. TNJ

Date reviewed: Oct 12, 2006 3:23 AM

Nickname: cu_momo

Review: It won't work for them. Trading commission is low enough that no one in their right mind would switch from schwab or etrade to a inferior brokerage just to save a few bucks. I think Bank of America is desperate b/c they're losing customers to the big 3 brokerages (Schwab, Etrade, and Ameritrade). It might be a better idea to buy a brokerage firm and not pull this little stunt.

Date reviewed: Oct 12, 2006 3:06 AM

Nickname: frog/e

Review: I'd be concerned about the execution of the trades and timeliness! That is more important than the commission.

Date reviewed: Oct 12, 2006 2:10 AM

Nickname: paul

Review: Many people will doubt BAC will do well. I personally trade using e-trade, I bank with a local bank, and save in another bank. I think I will move my money to BAC. I am little sad to say that I work at Citi (why doesn't Citi do this?)

Date reviewed: Oct 12, 2006 1:10 AM

Nickname: robert jay

Review: As a FORMER,long-time BofA customer, trust me when I say, 'If that are offering you something in one hand, watch out! They'll clobber you with the other; NOTHING is free at the boa constrictor bank.' We now bank with wamu....it's 'OK' - simply convenient for our travels.

Date reviewed: Oct 12, 2006 12:15 AM

Nickname: Jim

Review: B of A continues to be a market-rapist. This is just a ploy to get customers and then, after acquisition of said customers, increase the fees without notice. B of A is the Walmart of the securities and banking industry. They will make promises they can't keep and then fess up later by raising the rates.

Date reviewed: Oct 11, 2006 11:17 PM