Savings Project By Lexi Kahler Chase Bank O

Savings Project By: Lexi Kahler

Chase Bank O Chase Total Checking O Minimum daily balance required- No minimum daily balance required O Fees charged- $12 a month (waived if direct deposit totals $500 or more, a $1, 500 minimum daily balance, or $5, 000 linked in deposits) O Interest earned- none O Chase Savings O Minimum balance required- $300 O Fees charged- $4 a month (waived if you have a minimum daily balance of $300) O Interest earned- 0. 01%

Wells Fargo O Value Checking O Minimum daily balance required- No minimum daily balance, but $50 is required to open an account. O Fees charged- $7 (waived if you have a minimum daily balance of $1, 500) O Interest earned- none O Way 2 Save Savings O Minimum daily balance required- No minimum daily balance, but $25 is required to open an account O Fees charged- $5 a month (waived if you have a minimum balance of $300) O Interest earned- 0. 01%

Bank of America O My. Access Checking Account O Minimum daily balance required- No minimum daily balance O Fees charged- $12 per month (waived if at least $250 of direct deposit per month or an average daily balance of $1, 500 or more) O Interest earned- none O Regular Savings O Minimum daily balance required- No minimum daily balance, but $25 to open an account O Fees charged- $5 per month (waived if you set up an automatic transfer of $25 from a Bank of America checking account, or maintain a $300 minimum daily balance) O Interest earned- 0. 01%

Ratings O 1 - Wells Fargo because they have the lowest fees if you can’t maintain minimum amounts to waive the fees. O 2 - Chase Bank because their fees are the second lowest if you can’t maintain minimum amounts to waive the fees. O 3 - Bank of America because they have the highest fees if you can’t maintain the minimum amounts to waive the fees.