That said, there are still minimum
account balance thresholds (between $ 10,000 and $ 20,000 depending on the brokerage) that can result in fees being applied against an account.
However, the site has faced criticism over the level of compliance it requires, especially when reaching high -
volume balance thresholds.
Although falling below
certain balance thresholds can result in reduced APYs, your overall earnings from interest will benefit from the switch, so long as you can also meet the higher minimum daily or average balances required to waive the monthly fee.
Our bodies function on balance where above average consumption of certain food can destroy that fragile and
balancing threshold and cause problems to our overall body functions.
A good way around
the balance threshold is to pay bills more than once per month, or preferably ASAP after making a charge to your card.
Because $ 50,000 is
the balance threshold for the Platinum tier.
Most banks change the APY of your money market account based on
the balance threshold you meet.