Bank Of America Wants People To Pay $5 For A Currently Free Service

Bank of America is offering you the chance to pay a fee for a service you may not know you already have. The bank on Thursday launched a new kind of account, known as the "SafeBalance" account, which costs $4.95 a month and comes with no paper checks. Its major selling point is that is won't let you overdraw your account. That sounds great in theory, especially if you're broke and can't afford to pay a $35 fee every time you're overdrawn. But if this is a luxury, it's one that anybody can afford...