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Great news, this account is completely free with no minimum balance required!
You can use any ATM in the world with this account and not pay a fee. Fidelity will rebate all withdrawal fees charged by third party ATMs.
It is a brokerage account, and while you don't need to own any stocks the application process is a bit more involved than with a standard checking account.
Banks tend to charge lots of pesky fees - other than a monthly fee. Below is a table of the other fees and charges from this bank:
|Monthly fee with paper statement||$0|
|In-network ATM withdrawal fees||$0|
|Out of network ATM withdrawal fees in USA||$0|
|Transfer fees (overdraft with protection)||$0|
|Overdraft fees (without protection)||$0|
|Non-sufficient funds fee||$0|
|Early closing fee||$0|
|Early closing fee applicable until how many days||N/A|
We have established a Magnify score. This bank account was scored A (4.69)
Below we will help explain this score.
Good things about this account:
Things that could be better: