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Minimum balance fee: The money in a checking account falls below a certain level.
ATM fee: The customer withdraws money from a bank machine at another bank.
Teller fee: The customer goes into a bank and gets personal service.
n.s.f. fee: A check is written for a larger amount than the checking account contains.
Wiki User
∙ 14y ago
Wiki User
∙ 11y agoTeller fee: Use automated services; don't go into a bank for personal service from a bank employee
Minimum balance fee: Make sure your checking account has enough money in it to avoid falling below the established level
ATM fee: Don't use bank machines at banks other than your own
NSF fee (non-sufficient funds): Make sure there's enough money in the account to cover all checks written.
Wiki User
∙ 11y agoDepending on the bank, a checking account can have overdraft fees, minimum balance fees, and monthly fees. It is always a good idea to check the schedule of fees for the account you are interested in...
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What are some benefits to a free online checking accounts?
Benefits to having a free online checking account is you don't need to worry about possible fees that might be present like a regular account. Also, you can have easy access to your checking account information online.
Are there any service fees for Capitol One?
Capital One has various service fees depending on the type of service and type of account. Savings account, Premier Rewards Checking, and Rewards Checking have monthly service fees if a minimum balance is not met. Some of the credit cards also charge annual fees.
Does capital one have monthly fees?
This question is pretty vague. It depends on if you're talking about a checking account, credit card, savings account, etc. Generally, Capital One does not charge fees for checking accounts, some of their credit cards have yearly fees, and most of their savings accounts do not carry monthly fees.
Do you need to have a job to open a checking account?
You do not need to have a job to open a checking account, you do however need some money to put into the checking account so having a job or having a parent with a job is almost always a necessity, as a means to get the money to start the account.
Does Regions Bank offer a business checking account?
"Yes, they offer a business checking account. They actually have several different levels of business checking, some of the ones for larger businesses come with no fees if you keep enough money on deposit."
What should I ask when opening a checking account?
Just visit any bank that you would like to open a checking account in and sit at the new account desk. The person sitting at the new account desk would show you a brochure of all sorts of checking accounts and their fees. Some doesn't have fees if the place you work at offers direct deposit.
How can one avoid monthly service fees on a Citibank checking account?
There are many types of Citibank checking accounts, some with no monthly fees such as Student Checking. Other monthly fee requirements differ by account, but in general options include keeping a minimum balance (Basic Checking requires $1500) or by making a minimum amount of certain transactions (Basic Checking requires one direct deposit and one BillPay).
What are some fees that the Hong Leong bank charges its checking customers?
Some fees that Hong Leong Bank may charge its checking customers include monthly account maintenance fees, overdraft fees, returned check fees, and stop payment fees. It is important to refer to the bank's fee schedule or contact their customer service for the most accurate and up-to-date information on fees.
What questions do you ask to sell a checking account?
Some potential questions to ask in order to sell a checking account include: Do you currently have a checking account? - This helps to understand if they have a need for a checking account or are looking to switch providers. What features do you look for in a checking account? - This allows you to highlight the specific benefits and features of your checking account that may meet their needs. Are you interested in any additional services tied to the checking account, such as online banking or mobile banking? - This helps to gauge their interest in convenient features and encourages discussion about the benefits they offer.
How does one qualify for a high yield checking account?
"This depends soley on the bank that you are looking to open a high yield checking account with. Some banks only require as little as proof of identification and being at least 18 years of age. However, some banks require minimum balances, service fees, and membership fees. It would be best to inquire at your bank of choice."
What are the benefits to a student checking account?
Some benefits of a student checking account include: Lower fees: Many banks offer student checking accounts with reduced or no monthly maintenance fees, helping students save money. Educational resources: Some student accounts come with financial management tools and resources, such as budgeting apps or tips on building credit, which can help students better manage their money. Access to mobile banking: Student accounts often come with mobile banking features, allowing students to easily check their balance, deposit checks, and make payments from their smartphones, providing convenience and flexibility.
What checking account fees can be avoided through good record keeping?
The most prevalent fees that can be avoided through good record keeping are overdraft fees. By keeping track of checks you've written and electronic debits you have authorized, you can be sure that your checking account still has money after all the transactions are processed. In this way, you are not charged an overdraft fee because your account is never "in the red"- avoid a negative balance and you won't get charged the fee.Many checking accounts charge monthly fees, but some accounts waive the fee if you maintain a certain balance. By keeping good track of your balance, you will know whether you will be charged the monthly fee or not before your statement comes in.
