Your first month is free!
After that, Fees will be calculated for the upcoming month on the average daily balance of the previous month, NOT the account balance on the first, last or any single day during the month. The fee for the subject month will be assessed at or near the anniversary date on which your account was opened and will be calculated per the fee schedule as follows:
1) Accounts with an average daily account balance over $1 but less than $5,000 will be charged a fee of $1 dollar per month;
2) Accounts with an average daily balance greater than $5000 will be charged a fee of 0.25% per year or about 0.021% per month. Example: For an account with an average daily balance of $5,000, the monthly fee would be about $1.04 per month;
3) Accounts that have an average daily balance of less than $1 will not be charged.