What is the maintenance fee for BB&T? The monthly maintenance fee is $10. Avoid the monthly maintenance fee when you maintain a $1,500 minimum balance. telephonic transfers (including BB&T Online Banking) and withdrawals per monthly statement cycle.
Does BB&T have a monthly fee? There is no monthly fee and no charge for enrolling in BB&T Deals. Monthly maintenance fee of $12 waived with combined ACH direct deposits totaling $500 or more per statement cycle. Other options for avoiding monthly fees are available.
How do I get rid of my monthly maintenance fee? Check out the best accounts to help you save money and reach your financial goals!
Maintain a Minimum Balance. Here are the minimum balances required to qualify for a fee waiver:
Have Qualifying Direct Deposits.
Link Your Bank of America Accounts.
Enroll in the Preferred Rewards Program.
Qualify for the Student Waiver.
How do I avoid BBT maintenance fees? Avoid the monthly maintenance fee when you maintain a $2,500 minimum balance. or telephonic transfers (including BB&T Online Banking) and withdrawals per monthly statement cycle.
What is the maintenance fee for BB&T? – Related Questions
What is a maintenance fee on a checking account?
A monthly maintenance fee is a fee charged by a financial institution to a customer if certain requirements aren’t met. For example, some banks may charge a monthly maintenance fee if your account balance is under a certain threshold.
What is the best bank for no fees?
Best no-fee checking accounts
Best overall: Capital One 360® Checking Account.
Runner-up: Ally Interest Checking Account.
Best for rewards: Discover Cashback Debit Account.
Best for out-of-network ATMs: Alliant Credit Union High-Rate Checking Account.
Best for students: Chase College Checking℠ Account.
Does BB&T have free checking for seniors?
One of the options to have the $10 monthly maintenance fee waived on your BB&T Senior Checking account is to receive $500+ in direct deposits each month. The alternative is to keep at least $1,000 in your monthly balance.
Why do banks charge monthly maintenance fees?
Many banks charge a monthly maintenance fee in order to cover costs associated with maintaining accounts and certain perks that may be added on. Some of these perks include: overdraft coverage programs, no charge for using ATMs outside the system, cashback on spending, and so forth.
Why am I getting charged a monthly maintenance fee?
A monthly maintenance fee (sometimes called a monthly service fee) is money a bank charges you for working with the company. The fee is usually automatically withdrawn from your account each month. In some cases, you’ll pay the fee no matter what. But many banks let you waive the fee if you meet certain requirements.
What is monthly service fee in Chase?
$5 monthly service fee or $0 with one of the following, each monthly statement period: A balance at the beginning of each day of $300 or more in this account.
Why did BBT charge me a maintenance fee?
BB&T Fundamentals Checking Pricing Information: n The monthly maintenance fee is $5. 1Service fees apply. A maintenance fee applies if the Student Banking checking account is closed.
Does BB&T charge to close account?
BB&T (BBT) and Citibank charge a $25 fee if the account is closed within 90 days, while U.S. Bank, HSBC (HBC), and PNC Bank (PNC) charge customers a $25 fee to close an account that has been open for fewer than 180 days.
Is BBT a good bank?
BB&T Bank is a full-service regional bank well suited for customers who live near one of its branches.
It has most of the account types that a customer would want, but its interest rates are not competitive with other banks.
How do I avoid maintenance fees?
How can I avoid monthly maintenance fees
What is the fee for using an ATM?
Banks charge non-customers $1.
50 to $3.
50 at their ATMs, but non-bank ATM operators often charge more, up to $10 per transaction.
Do savings accounts have monthly fees?
Typical savings accounts come with a monthly maintenance fee and an excessive withdrawal fee; both can be avoided if you meet certain conditions in using your account. Avoiding fees on your savings account is important if you wish to maximize the interest your money earns, especially with today’s low interest rates.
Which bank does not charge monthly fees?
Citibank and TD Bank are the only two banks that offer no interest checking accounts with no minimum to open. BB&T also offers a checking account with no monthly maintenance fee; however, it is only available in select states.
Which bank has no minimum balance?
Latest Interest Rate for Zero Balance Savings Account
Bank Name of zero-balance savings account Interest rate
Kotak Mahindra Bank 811 4% to 6%
Standard Chartered Bank Basic Banking Account 0.
5% to 4.
90%
HDFC Bank Basic Savings Bank Deposit Account 3.
50% to 4%
Axis Bank Basic Savings Account 3.
Which bank account is best for salary?
Top Salary Accounts
Kotak Platina Salary Account.
SBI Corporate Salary Package.
HDFC Bank Classic Salary Account.
Citibank Suvidha Salary Account.
Axis Bank Prime Salary Account.
Which is the best bank for seniors?
Best Checking Accounts for Seniors
Axos Bank Golden Checking. 0.10% APY on All Balances With Virtually No Fees.
Citigold® Banking and Wealth Management With No Monthly Service Fee (With Qualifying Balance)
BB&T Bank Senior Checking.
U.S. Bank Easy Checking.
TD Bank 60 Plus Checking.
Ally Bank Interest Checking.
6 days ago
Which bank is best for senior citizens?
Top Private & Public Sector Bank FD Rates For Senior Citizens
Banks 1-year rate 3-year rate
HDFC Bank 5.
40% 5.
65%
ICICI Bank 5.
65%
Bank of Baroda 5.
60%
PNB 5.
70% 5.
