The phrase
"minimum daily balance" refers to the smallest amount of money you need to have in your account each day. It is a requirement set by the bank or financial institution to avoid fees or qualify for certain benefits.
Full definition
Synonyms for individual words can be found below.
«minimum»
«daily»
«balance»
Phrases with «minimum daily balance»
Sentences with «minimum daily balance»
- No monthly service charge with minimum daily balance of $ 2,500 or more. (public.websteronline.com)
- The bonus is a draw for this account and so is the low, minimum daily balance requirement of $ 100 to waive the $ 15 monthly maintenance fee. (gobankingrates.com)
- The last thing you want to do is open a free account and be hit with minimum daily balances and fees that make it feel like you're losing money instead of saving it. (policygenius.com)
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sentences)