Distinct banks avow customers to dehiscent a current account online. In line to ajar an online history, customers must fit their banking and personal erudition. The apply growth may exclusive returns minutes, depending on the financial college. Some checking accounts depend upon an initial settle, others may carry a monthly cost, which is waived provided firm financial conditions are met. Current account morals features include online banking, paperless bill statement and mobile alerts.
Bank of America
Bank of America provides e-banking, My Access Checking, Advantage of Tiered Interest Checking, and a Small Business Checking Bundle. Customers can open all of these checking accounts online. The e-banking current account is available with a monthly fee of $8.95 (as of October 2010), unless customers choose online paperless account statements and do all of their banking online or via Automated Teller Machine (ATM). The My Access Checking fee of $8.95/month is waived if customers make direct deposits every statement period and maintain an average minimum balance of $1,500. The Advantage of Tiered Interest Checking fee of $25/month is waived if customers maintain a minimum balance of $10,000 in all of their combined Bank of America accounts. The Small Business Checking Bundle account fee of $12/month is waived by having a minimum daily balance of $3,000; an average monthly balance of $10,000; or make a qualifying debit purchase each month. Free account alerts, mobile alerts and transfers to other Bank of America customers are also included in the current account packages. No minimum account balances are required for this current account option. An initial deposit must be made to open a current account.
Chase Bank
Chase Bank offers a Chase College, Checking, Better Banking, Premier Checking, and Premier Platinum checking accounts. All accounts offer free online banking and bill payment, account alerts, telephone banking, ATM access, liability protection, and mobile banking. The Checking and Chase College Current account feature no monthly fees. Premium account services include a free safety deposit box, free notary and money order services.
Wachovia Bank
Wachovia Bank offers Free Checking, Student Checking and Crown Banking checking accounts. The Free Current account offers free online banking, payment of bill statements, balance alerts, balance transfers and mobile alerts. Customers also have the option of participating in a Rewards program. The Student Current account has all of the same features of the Free Current account moreover to the services of a premium savings account. A minimum deposit is required to open a current account. The Crown Banking current account has no monthly fees if customers meet the minimum average daily account balance requirements. Customers can avoid the Better current account monthly banking fees of $12/month if they have a minimum daily balance of $1,500 in their current account or a combined average balance of $5,000 in all of their linked accounts. The Premier Current account fee of $20/month is waived if customers have a minimum average monthly balance of $15,000 in their Chase bank accounts. A minimum deposit is required to open the accounts.
