PERSONAL CHECKING CHART
Our personal banking services are designed to meet your specific needs and lifestyle.
| Account Type | Ben's Free Checking* | Ben's High Interest Checking |
|---|---|---|
| Created for the consumer looking for a practical, no-nonsense checking account. | Created for the consumer looking for a high interest-bearing checking account with totally FREE ATM transactions. | |
| Minimum Deposit to Open Account | $10.00 | $10.00 |
| Low Monthly Maintenance Fee | N/A | $15.003 |
| Requirement To Waive Maintenance Fee | N/A | Balance of $5,000 or greater. |
| Interest Bearing | No | Yes Tiered $10 - $4,999.992 $5000 - $24,999.99 $25,000 - $49,999.99 $50,000 - $74,999.99 $75,000 + |
| Transaction Limitations/Fees
Check Writing, Withdrawals and Point of Sale |
N/A | N/A |
ATM Fees |
Unlimited ATM Card use at over 780,000 ATMs. Ben will not impose any charges for usage at ANY ATM terminal.1 | Unlimited ATM Card use at over 780,000 ATMs. Ben will not impose any charges for usage at ANY ATM terminal.1 Reimbursement of all ATM Surcharges from other banks per statement cycle. |
| Online Banking Fee | Account Viewing, Account Transfers, and Bill pay are FREE. | Account Viewing, Account Transfers, and Bill pay are FREE. |
| Phone Banking Fee | FREE | FREE |
| Standard Features | 1st order of checks free (50 pack) Duplex Check Imaging Debit Card (if eligible) Overdraft Privilege (if eligible, fees apply)5 Free Investment Consultation4 ATM Card *Checking breakthrough not available with this account. |
1st order of checks free (120 basic wallet) Duplex Check Imaging Debit Card (if eligible) Overdraft Privilege (if eligible, fees apply)5 Free Investment Consultation 4 Special Rates on designated CD's |
1 - A limited number of other banks may choose to impose a surcharge fee to your account. Benjamin Franklin Bank is part of the SUMSM program. All you have to do is look for ATMs that have the "SUMSM" logo and you won't pay a surcharge. Check for locations online at http://www.sum-atm.com.
2 - The Bank will not pay interest if the balance falls below $10.00.
3 - Fees could reduce the earnings on your Ben's High Interest.
4 - Securities are not Bank deposits, not insured by the FDIC, not guaranteed or obligations of the Bank and are subject to investment risk, including possible loss of principal invested.
5 - Ben’s Overdraft Privilege Service automatically comes with designated accounts, upon account holder qualification. If checks, in-person withdrawals or other electronic means (excluding ATM transactions) exceed your available balance, we may pay it for you (up to $700 on eligible personal accounts and up to $1000 on eligible business accounts) for a nominal Overdraft Fee of $ 27.50 per item. Ben’s ODP saves you time, embarrassment and possibly, an additional fee from the drawee institution. Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, or you are not making regular deposits, or you have too many overdrafts. You will not pay interest on the amount overdrawn, unlike at other institutions. The amount of any overdraft plus the Overdraft Fee that you owe is due and payable upon demand. There are no initial set-up, monthly or annual maintenance fees. Ben’s ODP automatically becomes effective 30 days after account opening. Ask a Ben Banker for Ben’s Overdraft Privilege Service Policy brochure.
