- Nov 10, 2003
I live in a mid size metro area with about 300K people, no BFE. As I said, there are options for B+M locations (in person) but most of them would require to have either direct deposit or a daily minimum balance. Right now I know of about 3 banks that have totally free checking accounts (no DD, no daily minimum balance) around here but they are not widespread as Chase and Capital. I do not know about big cities such as NYC, LA, and such (more competition).Personally I've run into plenty of banks that don't have those fees.... both online and in-person.
I can understand more from rural perspective, because I'm guessing they don't have options... but suffice to say - there are definitely options.
I don't think knuckleheads (bad credit and no responsibility) we are talking about know anything about banking online.