I have a Chase checking account. It's a College Checking Account. I've had it for a few weeks. I thought I was aware of the fees and rules. I got a message sent to my phone telling me "chase account ________ balance 23.62 is below your 25.00 limit". I'm worried they will charge me. It's
I have a Chase checking account. It's a College Checking Account. I've had it for a few weeks. I thought I was aware of the fees and rules. I got a message sent to my phone telling me "chase account ________ balance 23.62 is below your 25.00 limit". I'm worried they will charge me. It's only about a dollar below. I've been now reading through all the info in the packet they gave me, but I do not see one thing about a fee for that. I also wasn't aware that I had a limit. 🙁
Abraham: 36.5….. Take 34 and divide by the tan43 degrees
Do you have balance alerts set up? Maybe they are just letting you know that your balance is below the amount you set up to be alerted at. They won't charge you a fee for that it's just a courtesy service by the bank to let you know your balance is low.
That being said though, I took all my money out of chase. I felt like they were constantly changing their agreements and fee schedule. There were so many rules to follow to avoid fees I couldn't keep track. Being a college student myself I had difficulty making sure I had x amount of debit card transactions, and a daily minimum balance that changed based on how they debited things from the account. (Ie reordering transactions, clearing larger with drawls before clearing deposits so I would incur the maximum amount of over draft fees.)
Most often If I called and complained about the fee they reversed it. But ultimately I decided to take my checking account elsewhere.
EDIT: It's most likely an account alert, they won't charge you a fee for this. Its set up so you know to avoid overdrawing. I went to TD Bank, it's a North East chain, formerly Commerce. Its open seven days a week. And as long as you have a valid college schedule there are no fees and no minimum balances ever. Also free checks and online bill pay, which saves me from having to buy additional checks when my free stockpile runs out. The thing I like most about TD though is that all my debit card transactions immediatly post to my 'pending transactions' on my online banking, so I can keep better track of my balance.
If they have a minimum balance then usually as long as you keep the balance above that amount, you don't get charged a monthly fee or some other fee for having the account. Drop below the minimum balance and you pay for the account.
Most Banks have a minimum to be kept in account, if you go below that amount you pay fees. So answer is yes.
yes they will