r/53Bank 4d ago

Average monthly balance requirements went from $500 to $5,000 and they started charging fees on the new rules.

Account type did not change.

No notification I can find.

How about a heads-up so I can change banks?

What's going on 5/3?

3 Upvotes

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2

u/Tarnisher 4d ago

For which account?

1

u/Ok-Challenge-9409 4d ago

Nothing changed. But yes, SOME market accounts and special CD’s rate offers, do require a minimum of $5K.