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They don't need to keep a minimum balance in either.
Banks are also slowly abandoning "free" checking accounts, although you can still avoid fees by arranging for direct deposit or keeping a minimum balance in your account.
New York and Maryland, for example, charge no user fees, although New York does ask users for a refundable $10 deposit, and Maryland requires drivers to maintain a $25 minimum balance in their toll accounts.
Make sure there is always the minimum balance in your account as desired.
Point out that you have an electronic statement, have made the required deposits to meet the stipulated criteria and kept the minimum balance in your account at all times.
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Some online-only accounts require high minimum balances in order to open an account or avoid monthly fees.
If you're fortunate enough to maintain higher minimum balances in a joint account with your soon-to-be husband or wife, then you should explore premium bank accounts.
There's no minimum balance requirement in the first month.
Low minimum balances and low interest rates on credit cards and loans -- Bankrate reports that bank customers in the U.S. must keep an average minimum balance of $723 in checking accounts that pay no interest.
CHASE: www.chase.com -- Unlimited bill-paying is free with a minimum balance of $3,000 in Chase's standard checking account, Better Banking, or $4,500 in Better Banking and a linked account; otherwise, there is a $9.50 monthly maintenance fee.
"Minimum balance," he said in English — around sixteen dollars.
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