Many savings accounts have minimum average balance (AMB) requirements. If you don’t maintain the required balance, your bank may apply charges depending on your account type and applicable terms.
From maintenance fees to service or transaction-related charges, even small deductions can add up over time. 📉
👉 Check your bank’s AMB requirement and applicable charges.
👉 Set up balance alerts and maintain a suitable buffer to avoid unnecessary fees.
💡 Know your bank rules. Manage your balance. Save on avoidable charges.
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