If you're looking to open a simple checking account, go with bank of america! They are great!!! Not only do they have convenient no charge atm everywhere you go (down in subways, in mall, airport etc), they offer great online banking services!!! Plus, the customer service is super smooth and very efficient!
A great big plus is that when bank of america offer 0% charge over-sea international atm withdrawals in several countries! I recently travelled to china, and boa is partner with one of the better bank branches of china - constructional bank - i was able to use it for free!! And boa keeps great security, i never had a single problem, rather, they would be monitoring my online banking activities 24/7! I love it!!! Go with bank of america!
I went to a Bank of America branch to purchase Mexican pesos for an upcoming trip. When the teller gave me the receipt for the transaction, I saw that they were giving me a little over 7 pesos to the US dollar. At home, looked up the exchange rate for that day and it was over 14 pesos to the dollar. I called the bank and cancelled the purchase. The manager said he had already put the order in but that he would send the pesos back. When the pesos arrived, the manager called to confirm my desire to cancel. He told me that Bank of America would refund my money at a lower rate. In the end, I was charged $80.00 for this cancellation. Never use Bank of America for foreign currency purchase. Their rates are unfair and the process is rediculous