0
What type of checking account requires a certain amount of money to be kept in it all time in order to avoid fees?
Wiki User
∙ 6y ago
Minimum Balance account
Darrin Kozey
Add your answer:
Earn +20 pts
Which type of checking account requires a certain amount of money to be kept in it at all times in order to avoid fees?
minimum balance account
Where can I read about money market checking?
Money Market checking is basically the same as a money market account which sets a certain amount of money you need in your account to get a certain amount interest. You can ask any bank about this function.
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).
Is the amount of money in your checking account called your allowance?
No, the proper banking term is balance for an amount in a checking account.
How is a business checking account different from a personal checking account?
A business checking account is different from a personal checking account by the minimum amount of desposit. You can read more at www.business.com › Directory › Financial Services › Banking
What is a checkbook?
It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account
What amount of money in a checking or a savings account upon which interest is based?
The amount of money in a checking or a savings account is the balance. The interest is usually based on the balance.
What is a checkbook register?
It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account
What is the definition of if condition in Microsoft Excel?
It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.It is what you are checking to make your decision. So for example you may be checking is a value above a certain amount or not. That is your condition. See the related question below.
What is the difference between a money market account and a checking account?
When money is held in a checking account the money is liquid. It is always accessible. It can be withdrawn using checks, or electronic cards. A money market account however, is much like a certificate of deposit. It requires a larger amount of money in order to open the account and has a much higher interest rate.
Can small businesses earn interest on their checking account?
Absolutely. Just go into any bank and ask for a business checking account that pays interest. You might have to deposit a certain amount to open it and keep a certain level of average balances to avoid charges and to earn the interest they offer. Just ask
Is a checking account an asset?
From the account holders perspective yes a checking account is an asset. The amount of money you have in your checking account is your asset. From the banks perspective it is a liability because whenever you want your money, the bank has to give it to you.
