Minimum Opening Deposit
A $50.00 deposit is required to open this account.
$50.00
Monthly Service Fee
The Monthly Service Fee of $18.00 can be waived by:- Maintaining a minimum daily balance of $5,000.00;- Maintaining a minimum combined daily balance of $7,500.00 in this account and up to three other related accounts (including Statement Savings and Money Market Accounts, CDs and IRAs).The monthly fee can be discounted to $16.00 by opting in to receive eStatements.
$16.00
Annual Percentage Yield (APY)
This account earns 0.01% interest on all balances over $1.00.
0.01%%
Debit Cards & Using ATMs
Debit Card
$0.00/yr
Non-affiliated ATM Usage Fee
There is a $2.50 fee each time you use a non-affiliated ATM.
$2.50/per use
International ATM Usage Fee
There is a $5.00 fee each time you use a ATM in another country.
$5.00/per use
Electronic & Telephone Banking
Online Bill Pay
Free
Mobile & Text Banking
This institution supports:- A text messaging service to view account balances, view recent activity, receive alerts, locate ATMs;- A mobile-browser website to view account balances, view recent activity, receive alerts, locate ATMs;- An iPhone application to view account balances, view recent activity, transfer funds, pay bills, locate ATMs;- An Android application to view account balances, view recent activity, transfer funds, pay bills, locate ATMs.
Free
Deposit Checks with Mobile Phone
This feature is available on the Comerica Android and iPhone mobile application.
Free
Person-to-Person Payments
Comerica Person to Person Transfer
Free
Email Alerts
This Email Alert feature enables you to receive:- Warnings when your balance falls below a certain threshold;- Notice of deposits or withdrawals over a certain threshold;- The bad news that your account balance is below $0;- An email to let you know there's a secure message for you in Online Banking;- Priority Online Account notifications (i.e., change of password);- Direct Deposit has been made.
Included with Online Banking
Automated Phone Banking
Free
Checks & Statements
Unlimited Check Writing
Yes
Free or Discounted Checks
Free Comerica Advantage Checks
Yes
Monthly Paper Statements
Yes
Check Images with Statements
There is an $1.00 per item fee for each canceled check or image included with your monthly statements after the first 4 checks.
Included
Online Statements
Yes
Online Check Images
Images of canceled checks can be viewed online for 24 months
Yes
Overdrawing the Account
Negative Balance Fee
A $6.00 charge each day for up to 5 days, beginning the 5th consecutive business day the account is in a negative balance.
Yes
Initial Returned Item Fee
The Insufficient Funds Fee is $26.00 for the first overdraft, $4.00 from 2 to 4 overdrafts and $38.00 for subsequent overdrafts.
$26.00/per item
Overdraft Protection
This checking account has many options for Overdraft Protection.From a linked savings, money market account, or credit card:- Transfer fee is tiered, as listed below. The transfer fee is charged per day;- Funds are transferred to bring the account balance to $0.00 for all forms of protection except credit card, which advances money to the account in $100 increments.Fees for transfers or advances are as follows:1st-4th day of transfer: $85th-7th day of transfer: $12 +7th day of transfer: $16 per day.