Fees and terms: $1,000 to open, interest bearing, includes an annual fee of $100
QUOTE
Annual Fee waived with a Morgan Keegan brokerage relationship of $25,000 or greater.
Limits for free wire transfers = None
Account monthly fee = $20
Minimum balance to avoid the fee = $25,000
Minimum balance is daily or monthly = daily
QUOTE
Monthly fee waived with combined deposit balances of $25,000 in all checking, savings, money market and CDs, or combined $25,000 minimum outstanding loan balances from all personal lines of credit, equity loans and credit cards or a minimum daily balance of $25,000.
Direct deposit to avoid the fee = No
Amount of direct deposit to avoid the fee = N/A
Number of check card transactions to avoid the fee = N/A
Account features:
Free online bill pay = Yes
ACH/fund transfers = unknown
ATM rebates = unknown