What are the fees associated with the different types of accounts?
Asked a year ago
The fees associated with the different types of accounts at The Bancorp Bank vary based on the account type. For basic checking accounts, there may be a monthly maintenance fee, ATM fees for using non-network ATMs, and overdraft fees for transactions exceeding the available balance. Savings accounts typically have no monthly maintenance fee but may have transaction fees for exceeding the withdrawal limit. Money market accounts may also have monthly maintenance fees and transaction fees but offer higher interest rates. Additionally, individual retirement accounts (IRAs) may have custodial fees and early withdrawal penalties. It is recommended to review the specific account details and terms, as fees may also vary based on account usage and balance requirements.
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