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Will your checking account be closed if you fall below the minimum balance required?
Wiki User
∙ 12y ago
Usually No. the bank will charge you a penalty fee for letting your balance go below the minimum amount. However if you repeat the same continuously the bank may close your checking account.
Wiki User
∙ 12y ago
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With which type of account is a minimum balance fee associated?
Checking account
Which bank offer free checking?
I am sure most banks do have free checking accounts only if you sign up for a direct deposit or maintain the minimum account balance that is required.
What is the minimum required balance to open an account at a TD Bank?
"The minimums may vary state to state, but a good ballpark figure is $100 to open a checking account and $250 for an IRA"
What is the difference between saving account and salary account in bank?
In Salary Account 0 balance is allowed and in saving account minimum balance required
Does Chase bank have free checking accounts?
Chase Bank does have free checking as long as you have a minimum balance of 100 dollars. there are also interest bearing checking accounts were if you maintain a balance of at least 1500 dollars your account will receive interest on your checking account.
What is the minimum balance required for STI account?
For a savings account without a checkbook, Rs500 is the minimum balance required to open and maintain the account. For a savings account with a checkbook, the minimum balance doubles to Rs1,000.
What are the benefits of an Orange Checking account?
First of all, there is a sign-up bonus of $50 when you create an Orange Checking account. Secondly, there are no fees associated with the account. And finally, there is no minimum balance required.
With which type of account is a minimum balance fee associated?
Checking account
What are the fees for checking at the Randolph Savings Bank?
At Randolph savings bank, free checking accounts are free to open. The minimum to open is $10 but there is no minimum balance required. You can also select their interest checking account, which charges a monthly service charge of $8 unless you have a minimum balance of $500.
What are the benefits of CitiGold Interest Checking?
One of the benefits of CitiGold Interest Checking is that there is no minimum opening balance required. There is also no minimum fee to maintain to avoid a finance charge. One will also draw a .1% interest on the balance of their account.
Which bank offer free checking?
I am sure most banks do have free checking accounts only if you sign up for a direct deposit or maintain the minimum account balance that is required.
What is Minimum daily collected balance?
The minimum sum of cash balances daily. Example - if your checking account requires a minimum daily collected balance of $500 to avoid a monthly maintenance fee, you must keep your cash balance in your checking account at or above $500.
What is a type of checking account that also earns interest these accounts generally have a minimum balance?
A type of checking account that also earns interest is called an interest-bearing checking account. These accounts typically require a minimum balance to be maintained in order to earn interest.
What is the minimum maintaining balance for bpi checking account?
i believe its 10K PhP
What is the minimum required balance to open an account at a TD Bank?
"The minimums may vary state to state, but a good ballpark figure is $100 to open a checking account and $250 for an IRA"
Does provident bank require a minimum balance in a personal checking account?
Provident Bank does offer a totally free checking account without a minimum balance. This type of account also offers no fees, unlimited check transactions and no charge for deposited items.
Is there usually a minimum balance requirement for free checking deals?
If you are getting a free checking account. The balance reuqirement should be zero dollars and should have keep the account open with a one penny.
