However, most big banks expect customers to keep at least $ 1,500 in their accounts each day of the month in order to waive the maintenance fees. (valuepenguin.com)
Many of them also allow you to order checks for free, which is something that can cost $ 20 easily at most big banks. (thebrokeprofessional.com)
Fred Cannon, head of research at the investment banking boutique Keefe, Bruyette & Woods, points out that these days most big banks generate less than 50 % of their revenue from interest income. (fortune.com)