Ideal for: Businesses with
higher average daily balances and larger transaction volume.
The Interest Checking account which does offer interest makes you maintain a pretty
high average daily balance to get any reward for being an account holder.
Not exact matches
• Pay debts on time • Maintain a
higher average daily bank
balance • Become profitable (if that's not the case currently) • Continuously check your credit score to determine if it is improving
The
high introductory rate six - month period begins the day the account is opened, but the
average daily balance is calculated from the day the account is funded.
2 There is no monthly maintenance fee with
High Performance checking when you have an
average daily balance of $ 1,000 or more in checking.
However, money market savings accounts generally require a
higher opening deposit and charge fees if your
daily average balance falls below a certain amount.
Get
higher returns on your
balance with our
high - yield checking account, which earns competitive dividends based on the
average daily balance.
Generally, approval for an account with a
higher ATM withdrawal limit and
daily debit purchase limit involves meeting more requirements, such as maintaining an
average monthly
balance or a having certain amount of qualifying direct deposits.
If you want a
higher rate but need access to funds, this account offers tiered rates based on
average daily balances of $ 2,000 or more and funds can be accessed by check or ATM.
This has huge impact on your
average daily balance and thus the interest that you are charged will be lower resulting in a
higher principal payment each month.
This means that your interest rates will be calculated based on your two months
average daily balance... thus resulting in
higher interest costs.
This could be accomplished by creating a scenario where the beginning weighting in stocks was
higher in the rebalanced portfolio than the non-rebalanced portfolio causing the
average daily balance to match the non-rebalanced portfolio.
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.
The ratio of HDB / ADB is a multiple and shows how much larger the
highest daily balance is than the
average.