answersLogoWhite

0

It depends on your bank. Ask them.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What do bankers use spreadsheets for?

To keep track of how much money someone has in their bank account. To keep track of how much money someone has in their bank account.


How much money can you keep in your bank account?

I think as much as you want.


Does the car dealer keep registration fees on a trade in?

All car dealers SHOULD keep registration fees on a trade in car but if a client requests other wise then there is not much they can or will do, although if you ask to know the registration fees they should be able to tell you.


How much do you have to keep in a Bank of America savings account to keep it open?

You can have no money and still keep it open. Bank of America doesn't care if it doesn't have any money in it . If your savings account is linked to your checking account then it should be fine.


If you tell the credit card company you will pay exactly how much you charge and not the late fees or interest fees will they take that?

They will take the payment and apply it as stipulated in your contract. However, the interest and fees will keep right on accumulating. BTW, the interest is ALWAYS deducted from a payment before any money is applied to the principal. That's how they make their money. Therefore, you cannot in reality avoid paying it, regardless of how you do the math.


How much is the interest rate for an american express card?

They don't have interest rates they just have member fees. You have to pay these fees each month in order to keep the card.


Should you use all credit cards occasionally to keep credit in good standing?

If one's credit is already in good standing, using the credit card will not help. First, one may reduce their credit score depending on how much they spend. Second, the issuer may believe that fraud is at work since the card may not have been used in a while. The main reason to use your credit cards occasionally is to keep the account open and avoid non-use fees. Some companies will close an account if the account is not used in some period of time. Also, they may charge a dormancy fee if the card is not used.


How much money can you take out of your bank account without getting in trouble?

The amount of money you can withdraw from your bank account without getting in trouble typically depends on your bank's policies and your account type. Most banks have daily withdrawal limits, which can range from a few hundred to several thousand dollars. Additionally, withdrawals should not exceed your account balance to avoid overdraft fees or penalties. It's best to check with your bank for specific limits and guidelines.


What do bankers use spreadsheets?

to keep track of how much people have in there bank account


How does one qualify for a high yield savings account?

There are not much qualifications to open a high yield savings account, Sallie Mae will allow you to open one with no minimum balance and no monthly fees.


What happens when paying with a debit card?

The money is immediately withdrawn from the account it is connected to. It is pretty much the same as writing a check. If there is not enough money in the account, you will either be denied, or have to pay overdrawn fees.


How much money do you need to keep the account open?

1 penny I think. Or a dollar. Just keep like 5 bucks in your account at all times and you will be just fine!