The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: Les H	2/22/2011 11:15:46 PM
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COSTLY CHECKING Bank of America will offer four options for checking accounts later this year in Florida. The basic account will cost $6 to $9 a month; the top "premium" account, which pays interest and has certain perks, will cost $25 a month if balances fall below $20,000. Chase merged three accounts into "Total Checking" that costs $12 a month. The fee is waived if the customer maintains a $1,500 balance or makes a direct deposit of at least $500. Citi charges $8 a month for basic checking, a fee that is waived after five transactions each month. A higher-level account costs $20 a month unless the customer maintains a $6,000 balance in linked accounts. Wells Fargo charges a $5 monthly maintenance fee and a $6.95 online bill-pay fee. Fees are waived with qualified direct deposits or a $1,500 balance. Wachovia in Florida will change to Wells Fargo and adopt those fees this summer. heraldtribune.com

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