Sentence examples for minimum balances in from inspiring English sources

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.

Indeed, more banks are requiring customers to maintain minimum balances in order to avoid monthly maintenance fees, and the average overdraft fee at a bank is $30 ,a 50percentt increase from $20 in 2000.

They don't need to keep a minimum balance in either.

Debitize lets users set a minimum balance in their checking account; if a withdrawal would make the account fall below that balance, it won't transfer the money.

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.

The Federal Reserve study also showed that on average, the larger banks required a higher minimum balance in checking accounts to avoid a monthly fee, were more likely to provide simple passbook savings accounts and to require a smaller minimum deposit to open one.

No financial institution or other person may condition an extension of credit to a consumer on the consumer's repayment by preauthorized electronic fund transfers, except for credit extended under an overdraft credit plan or extended to maintain a specified minimum balance in the consumer's account.

We also wanted to make sure that students would not be required to maintain a minimum balance in accounts they might choose to set up with the official bank; that the bank wouldn't directly market credit cards to students; and that if students choose to borrow through a credit card offered by the bank, it would be at a low interest rate.

Some banks may charge fees as high as $14 per month unless you maintain a minimum balance in the account.