Last week Bank of America (NYSE:BAC) made an announcement that it will start charging customers for debit card usage while Chase Bank (NYSE:JPM) customers who were previous Washington Mutual customers had their checking account changed from Free Extra Checking to Total Checking. Starting in December, Citibank (NYSE:C) customers who have a mid-level account will be charged a month if they fall short to maintain a minimum balance of 000 in their combined accounts. Previously, account holders had to carry a minimum balance of 00. Simultaneously, customers who have the bank’s EZ Checking account will start being charged a month if they don’t carry a minimum balance of 00. Citi said that it is phasing out the EZ Checking package, which currently carries no monthly fee, and is instead offering customers either the Citibank Account or its Basic Banking account, which also carries a fee. In September, Citi said it is hiking the fee on its Basic Banking account from to . Customers will be able to keep away from paying the fee by either continuing a minimum balance of 00 or by making one direct deposit and one automatic online payment through their checking account each month, the bank also said. Currently account holders must make five online transactions per month in order to avoid paying the fee and there is no minimum balance requirement. Citigroup (NYSE:C) has a potential upside of 102.5% based on a current price of .39 and an average …
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