How to Get Your Foreign Commerce Bank Transaction Charges Waived
are high. Commerce Bank Foreign checking accounts can incur as much as $30 per month, which adds up to $360 per year. Even though these international account alternatives have all of the special perks you might want in a bank account, the monthly fee for owning one can be very high.
You can, however, have your commerce bank fees waived. But, getting your commercial bank transaction charges waived isn't as easy as it looks. DoNotPay is here to help!
How to Get Your Commercial Bank Transaction Charges Waived on Your Own
Fortunately, you may get your foreign checking reduced at most large banks. Here's how to do it.
Maintain a Minimum Deposit
If you hold a minimum amount in your foreign checking account, Commerce Bank will reduce your monthly checking account charge.
However, these minimum amount plans have several flaws. The rule is that your daily balance must be more outstanding than the minimum - if your balance is less than the minimum even once a month, you'll be penalized.
Putting your funds in a checking account also comes with a considerable financial cost. Because most checking accounts pay little or no interest, investing that money might make you more money than holding a minimal amount.
Here is an example of checking account fees from other banks:
|Wells Fargo||Monthly maintenance fees of $10 for Everyday Checking, $5 for Clear Access Banking, $15 for Preferred Checking, and $30 for Portfolio Checking.|
|TD||Monthly fee of $15 or $0. Waive your monthly fee with a $100 minimum daily balance.|
|Chase||Monthly fee of $12. Three ways to waive it.
|PNC||Minimum to Open: $25 Monthly Fees: $25 Monthly Fee Waiver: $5,000 daily balance or monthly direct deposits Non-Network ATM Fee: $0 Daily ATM Limit: $1,500|
|US Bank||Monthly maintenance fee of $6.95 or|
Combine Your Banking Services
Rather than needing a minimum amount, banks will eliminate your monthly checking account cost if you have numerous products. This scheme works in the same way that combining your internet, cable, and phone services may save you money.
If you can obtain the greatest bargain on various items from the same bank, you should use any available bundles.
Get More for Less Money
Many checking accounts restrict how many transactions you may make before incurring additional costs. So, if you're approaching or above your transaction limit, try withdrawing more money at a period so you can minimize withdrawals and fees.
Inquire With Your Bank
By just asking, you might be able to receive the outcome you seek. If none of these possibilities appeals to you, contact your bank to see if they can offer you a better price. To secure a loyalty discount, you may have to suggest canceling your account.
Commerce Bank Charges
offers a range of checking account choices, all of which are identical in most ways. A monthly service charge is eliminated on all accounts if your monthly deposits are maintained.
Commerce Basic Checking, for example, includes an $8 monthly service charge that is waived if your accounts receive a $300 deposit or you make 10 debit card transactions each month.
When your Commerce checking account is pulled below zero, it will be subject to extra fees on top of the service cost. The base price is $37 for transactions that are less than $0. You have the option of enrolling in one of two insolvency protection plans.
At a fee of $12 per transaction, money will be transferred from a connected Commerce Bank account. The other takes out a cash advance on a linked credit card, which costs 5% of the borrowed plus interest.
Several current account types at Commerce Bank offer interest on deposits. Commerce Dividend Checking gives a 0.01 percent annual percentage yield on deposits.
Commerce Partnership Checking provides 0.01 percent interest on accounts with a balance of $1,000 or more and 0.01 percent on accounts with a balance of less than $1,000. A $20 service fee applies to customers with less than $5,000 in balance.
You will not be enrolled in any statewide ATM network by Commerce Bank. Non-Commerce Bank ATM transactions cost $2.75 per transaction, in addition to any ATM operator fees. Commerce Partnership Account customers are excluded from these costs, and Commerce Bank reimburses up to $10 per month from other banks.
How to Get Your Foreign Commerce Bank Fees Waived With DoNotPay
If you want to get your Commercial Bank Fees Waived by DoNotPay but don't know where to start, DoNotPay has you covered in 4 easy steps:
1. Open the DoNotPay Fight Bank Fees product.
2. Enter the name of your bank.
3. Verify the last 4 digits of your bank account.
4. Choose which fees you want to waive, including overdraft, ATM, and transaction fees.
Why Use DoNotPay to Get Your Commerce Bank Fees Waived
- Prompt. You don't have to spend hours trying to waive your commerce bank fees.
- Easy. You don't have to struggle to fill out tedious forms or keep track of all the steps involved in getting your commercial bank fees waived.
- Successful. You can rest assured knowing we'll make the best case for you.
DoNotPay Works Across All Companies, Entities, and Groups With the Click of a Button
DoNotPay works with a lot of companies and clients. We can help with appealing your Bank of America fees the same we can with your Chase and TD bank account. Or help you get your Paypal chargebacks the same way we can with your Citizen account chargebacks and unfair atm fees.
What Else Can DoNotPay Do?
DoNotPay offers several services, including:
- Suing in a small claims court.
- Demanding chargebacks and refunds.
- Demand insurance claims.
- Bill payment services.
- Filing complaints.
Reach out to us today at DoNotPay. We've got you covered!