Not exact matches
The
average Individual Retirement
Account, or IRA,
balance also
fell by 7 % compared to the same quarter in 2015, based on 8.2 million IRA
accounts.
However, money market savings
accounts generally require a higher opening deposit and charge fees if your daily
average balance falls below a certain amount.
* See Business Fee Schedule for fees assessed when
average daily
balance falls below the minimum required for your specific
account type.
(If, in any month, the
average daily
balance falls below $ 1,000, your
account will be assessed a $ 5.00 monthly minimum
balance fee.)
One exception is the Discover Money Market
Account, which charges $ 10 each month your
average daily
balance falls below $ 2,500.