Would you pay 50 cents for a mobile check deposit fee?

[Gailete]

•Bank accounts with balances close to zero are a major administration drag on resources - they still require all the usual services such as statements, monitoring, the occasional bit of tax compliance etc.

Interesting, especially this one. I know I am one that drags on resources on one front. Yet on the other we have two mortgages through the same bank for our home and a rental property so they easily won our business by their other practices. When I had money to invest, I bought shares in my bank as it wins awards consistently each year and during the economic problems when so many banks were in trouble mine didn't have a problem due to it's lending practices. All the things that you need to look into when choosing a bank.

[bUU]

We have one bank that we keep less than $25 in (because the interest rate in the checking account we have there is so low, and they don't offer any other accounts that provide us superior features as compared to accounts we could get at other banks). So there is no doubt that other depositors in that bank are substantially subsidizing the maintenance of our account.

Banks win our business by offering the best option for each of our financial needs. We're not going to deliberately choose a lesser CD because that bank offered us a good mortgage, and we're not going to suffer without convenient ATM access because a bank has high interest rates on CDs. I believe many consumers choose each financial service they patronize based on which supplier offers the best option for that specific service.

[disneysteve]

We have one bank that we keep less than $25 in

Why do you keep the account open? What are you getting for having it?

[bUU]

In case we need a cashier's check for something. It's our only local bank.