Save More Dollar
More Dollar in Your Wallet

Where Are The Free Checking Accounts?

25 Jan    Checking

Free checking accounts still exist … you just need to know where to look

  • Many banks have been pushing up what they charge customers for certain accounts.
  • Free checking with no strings attached still exists — if you know where to look.

It’s not just Bank of America customers who are shelling out extra cash in fees.

However, “the availability of free checking with no strings attached still exists,” he said.

In fact, 38 percent of banks and 84 percent of the nation’s largest credit unions offer a standalone free checking account (meaning checking accounts with no monthly service fee), according to Bankrate.

For disgruntled banking customers ready to shop their money around for the best terms, here’s how to compare fees and conditions.

But before making any moves, be sure to check the fine print and — most important — make sure your account is insured by the FDIC.

  • BankUnited, NA

    To open:$50To avoid fees:$1,000
  • Monthly fees:$7NSF fees:$35Other ATMs:$2.50ATM surcharge:$3
  • PNC Bank
  • To open:$25To avoid fees:$500
  • Monthly fees:$7NSF fees:$36Other ATMs:$3ATM surcharge:$3.50
  • Wells Fargo
  • To open:$25To avoid fees:$1,500
  • Monthly fees:$10NSF fees:$35Other ATMs:$2.50ATM surcharge:$3
  • AmTrust Bank
  • To open:$1To avoid fees:$0
  • Monthly fees:$0NSF fees:$36Other ATMs:$2.50ATM surcharge:$3
  • BB&T
  • To open:$50To avoid fees:$1,500
  • Monthly fees:$12NSF fees:$36Other ATMs:$3ATM surcharge:$2.50
  • Bank of America
  • To open:$25To avoid fees:$1,500
  • Monthly fees:$12NSF fees:$35Other ATMs:$2.50ATM surcharge:$3
Share

ByDollar