Commerce Bank's Free Checking Now Requires $100 Min Balance

Shoehorned into a postcard proclaiming the waiving all ATM fees, Commerce Bank announced their free checking will no longer be free.

Starting April 12, checking accounts will now require a $100 minimum balance to avoid a $15 "maintenance fee."

Because it's ever so hard for the poor widdle bank to keep twack of your monies when your account is so smwall.

Not sure if this only affects New Yorkers.

Full scans inside...


http://consumerist.com/images/resources/2007/04/bestdealintown-thumb.jpg

http://consumerist.com/images/resources/2007/04/commercebankcheckingaccount-thumb.jpg

Kinda like they traded one fee for another, eh? — BEN POPKEN

(Thanks to Rachel!)

From ConsumerReports.org:

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