If a bank has multiple types of checking or savings accounts, different ones will probably come with different fees. Often, a more robust account charges a higher fee. A basic checking account may charge $5 per month, while a rewards checking account may charge $12 per month, for instance.
How to avoid a monthly maintenance fee
Most banks make it possible to waive monthly maintenance fees.
In many cases, you ll need to maintain a certain balance. You could waive the fee if you keep a minimum daily balance or an average daily balance over the course of the month.
Some checking accounts
Why I have 21 credit cards, and how I decide which ones to keep
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Discover matches cash back after your first account year
Cons
You must fund the security deposit from a bank account
No Annual Fee, earn cash back, and build your credit with responsible use.
It s a real credit card. You can build a credit history with the three major credit bureaus. Generally, debit and prepaid cards can t help you build a credit history.
Establish your credit line with your tax return by providing a refundable security deposit of at least $200 after being approved. Bank information must be provided when submitting your deposit.
Automatic reviews starting at 8 months to see if we can transition you to an unsecured line of credit and return your deposit.
Review: Is the Delta SkyMiles Platinum American Express the best credit card for you?
Along with a welcome bonus of 90,000 bonus miles after you spend $3,000 in purchases in the first 3 months from account opening, one Delta SkyMiles® Platinum American Express Card benefit can easily wipe out the annual fee cost (and then some). Each year on your card anniversary, you ll receive a Delta companion certificate to use when you book an eligible paid Delta flight. A companion can come along with you for just the cost of taxes and fees and on expensive routes, the savings can be substantial. Related
No joint accounts
85,000 free ATMs nationwide
Earn 2.15% APY on balances up to $5,000; 0.25% APY on balances of $5,001 to $100,000; no APY on balances over $100,000
Choose 5 companies to earn 5% cash back with, on spending up to $500 per year
Interest compounded monthly, paid monthly
FDIC insured through partner bank, Evolve Bank & Trust Related
OnJuno Basic is a solid high-yield checking account. There s no minimum opening deposit or monthly maintenance fees. You ll earn 2.15% APY on balances up to $5,000, then 0.25% on balances up to $100,000. Even 0.25% APY is higher than what you ll earn with most checking accounts or even savings accounts.
OnJuno has a long list of companies you can earn cash back with. Choose five, and you ll earn 5% cash back on up to $500 of spending with those businesses each year.