4. Account Maintenance Fee
Some banks charge monthly maintenance fees, sometimes called monthly service fees or minimum balance fees on certain types of accounts. But many banks offer ways to avoid paying this fee, such as by maintaining a minimum account balance, having a certain amount directly deposited into your account each month or using online bill pay. Additionally, you can switch to an online-only checking account with no monthly service fee at institutions including Ally Bank, Bank5 Connect and AloStar Bank of Commerce.