I am opening an online clothing store and I need to get a merchant account to accept credit cards. Bank of America takes 120 days to respond! (it says on their website) It’s way too long! I would like to start my online business as soon as possible without waiting 3 months for a response. Does it really take that long??? Do they at least have low fees???? And what type of fees can I expect? I am very new at this! 
90 days is way too long. I would check out other banks.
Bank of America is better now, than it was before.
Why don’t you call Chase Bank, I have had good experiences with them. (800) 477-5363. They may tell you right off what they can do, they have been doing online e-money accounts since 1989.
Moreover, you can find out about the fees…I have seen it 3% in some credit card transactions at other places in the past..even more sometimes…