Account Fee

Account Fee

An annual fee that a brokerage, bank, or any other organization assesses on all accounts for the ability to keep an account at that organization. An account fee compensates the organization for the cost of keeping the account open. See also: Inactivity fee, Maintenance fee.
References in periodicals archive ?
Eliminating minimum account fee: Clients no longer have to pay the minimum account fee of $60 per year.
In addition, customers are also offered free legal representation, free property assessment, no mortgage account fee, and no product fee on selected mortgages.
The FolioFirst account fee will be waived until Aug.
99% Arrangement fees: PS205 valuation fee Benefits: 95% LTV and low fees Early repayment charge: 2% if repaid with first year and 1% if repaid between years one and two, plus PS90 account fee (Nationwide) Purchase and remortgage offset fixed rate until April 30, 2018 Rate: 2.
Customers and members often have more than 20 types of alerts to choose from, including security alerts, bill payment alerts and account fee alerts.
99% and has an arrangement fee of pounds 799, which can be added to the loan, plus a mortgage account fee of pounds 245 payable on completion of the loan.
When Burks opened the account, the only fees that were discussed were a monthly account fee and per-check chargest, he said.
BANKING AND CREDIT NEWS-September 16, 2015-Current account fee removed by Tesco Bank
M2 EQUITYBITES-September 16, 2015-Current account fee removed by Tesco Bank
Is this why my monthly account fee is going up 66%?
74% Arrangement fees: PS99 booking fee Benefits: 95% LTV, low fees and PS250 cashback Early repayment charge: 3% before April 2, 2018, repay homebuyer solution PS250 and PS225 account fee (Abbey, a brand of Santander plc, the lender) Purchase and remortgage offset fixed rate until April 30, 2018 Rate: 2.
The TowerGroup report titled "Fee Management Solutions: The Who, What and Why of Managed Account Fees," and its companion research note titled "Managed Account Fee Management: Everybody Must Get Paid