The YourStyle Plus Checking account earns tiered interest rates. The checking account from Investors Bank can be opened for as little as $50. It’s somewhat tough to avoid the $20 monthly service fee. Account holders must maintain a $20,000 average monthly balance across qualifying accounts and direct deposit at least $1,000; make 15 point-of-sale transactions; or be an eligible investments customer.
If you don’t care about earning interest on your checking balance, Investors Bank has the YourStyle Checking account. It can be opened with a $50 deposit. The $10 monthly service fee will be waived by maintaining a $1,000 average monthly balance; making a direct deposit of at least $500; or making 10 or more monthly point-of-sale transactions.