Savings Assignment Chelsea Edwards. Credit Union One Checking – Free Instant Issue MasterCard® Debit CardInstant Issue MasterCard® Debit Card – Free Direct.

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Presentation transcript:

Savings Assignment Chelsea Edwards

Credit Union One Checking – Free Instant Issue MasterCard® Debit CardInstant Issue MasterCard® Debit Card – Free Direct DepositDirect Deposit – Free Online BankingOnline Banking – Free Bill PayBill Pay – Free E- AlertsE- Alerts – Free E-StatementsE-Statements – No minimum balance requirements – Free ATM transactions at Credit Union ONE machinesATM transactions at Credit Union ONE machines – Must keep $5 minimum in the account – Open this account with as little as $25 – Monthly Service Fee: – $10 with Direct Deposit – $15 with no Direct Deposit – Interest rate is between 0.05%-0.10% Savings – Open with $5 – 5% interest – Online Banking – E-services – E-alerts – Compu-phone – No extra charge for services – Must keep $5 minimum in the account

Huntington Bank Checking – 24-Hour Grace Overdraft fee relief – Free Debit Card use – Free Overdraft protection from transfers/savings – Linked savings account – Free id theft resolution – Free online banking and bill pay – Free mobile banking – Free alerts – Waiver of monthly checking fee with $15,000 minimum balance – Huntington Plus Interest – Linked Money Market Account – Free Overdraft protection – Free save deposit box – Five Free Non-Huntington ATM withdrawals Savings – Earn interest on all balances – Free 24 Hour Grace overdraft service – Deposits and withdrawals – Online Banking – Free online statements

Chase Bank Checking – Earn interest on your balance – No fee for Chase design checks – No Chase fee on first four non- Chase ATM transactions – Chase Plus Savings with no Monthly Service Fee and higher interest rates – Chase Liquid Card with no Monthly Service Fee – $25 Monthly Service Fee – No Monthly Service Fee if there is a average daily balance of $15,000 or more in linked deposits/investments Savings – Free automatic Savings program – Monthly service fee is waived if there is a repeating transfers of $25 – Free online banking – Free Chase mobile banking – Free Account Alerts – Free Access to Chase banks nationwide – $25 minimum deposit to open – $4 monthly service fee – Withdrawal limits and fees – Other Miscellaneous fees apply

Overall 1.Credit Union One- they have many perks and hardly any fees 2.Huntington Bank- has many charges and fees, but also has some free perks like free debit card use 3.Chase Bank- Too many fees, charges too much money to have money in their bank, they have “miscellaneous fees” that apply when making an account at their bank