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== == Most of the major banks require a minimum balance to keep open. While some smaller banks and credit unions let this rule slide to keep customers, Financial collapse of September 2008 has forced most banks to moving back to a minimum balance rule. The amount of the minimum balance often varies depending on the bank and the type of account. Savings accounts? Many savings accounts do require minimum balances. Typically as long as you keep the minimum balance in your account, they will not charge you a fee. Many banks offer accounts with no minimum balance or a very low minimum balance.
Yes, but it varies from bank to bank, and among similar financial institutions. Usually there will be a service charge applied to accounts below a certain balance. Credit unions often forego these charges, but sometimes will require that a minimum balance be retained in a savings or other account in order to have a no-minimum checking account.
You can open a checking account with any amount of money - There is no dollar requirement to open the account. There are dollar limitations to interest rates, however. For example, you may receive a higher interest rate on your account if the amount is over $5000 versus if the amount is $100.
It depends upon the bank and type of saving account you require. While some many not have a minimum balance requirement, there may be other requirements as a consequence such as a monthly direct deposit.
I think it is US $ 500 for a simple checking account. The bank would give you an ATM card and a check book for this account. However if you arrange to have a Direct Deposit (Your Monthly Salary/paycheck) into this account Bank of America waives this minimum balance requirement and you can have it as a Zero-Balance checking account.
I think it is US $ 500 for a simple checking account. The bank would give you an ATM card and a check book for this account. However if you arrange to have a Direct Deposit (Your Monthly Salary/paycheck) into this account Bank of America waives this minimum balance requirement and you can have it as a Zero-Balance checking account.
This will be attached to a list of services or fee reductions or fee eliminations
You need to keep more than the minimum balance to get those benefit's.
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What makes a savings account a better investment than a checkings account?
A savings account earns interest.
How much money do you need to start a bank account with capitol one?
cxsdg
If you owe the bank 2000 total like in your savings and checkings account total how much jail time would you get this is someones 1st offense?
You should get a million years of jail time for this incoherent question.
John buys a car for 2500 he uses 50 percent of the money in his bank account to buy the car how much was in his account to start with?
5000 dollars
How much money is required to start a hair products?
You need an MBA also known as a Massive Bank Account.
How much money is needed to start a bank account?
You will have to check with your bank. Some accounts don't have a minimum, while others do.
How much does onlive cost?
Onlive is a free gameing service. No money is needed to start a account. It's very good!
Jim has 500 in his bank account at the start of the year If his account pays out 3.4 percent interest compounded monthly how much money should he have at the end of the year?
704
How much money do you need to start a daycare?
how much money do i need to start a daycare?
What is card balance?
It is the balance on your account, indicating either how much money you owe or if you have some money in the account.
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.
How Much Money is on This Earth?
my bank account :)
