Additional information of Platinum Circle Checking account
Although you can open this interest-bearing checking account with $50, you must maintain a daily account balance of at least $50,000. If not, you need to have a combined daily balance of $2,500,000 by adding assets such as loan balances, securities or account statements.
Similarly, this account gives you a higher or lower interest rate depending on the principal you manage. For example, balances of $1-50,000 receive an APY of 0.05%. On the other hand, if you manage more than $50,000, the annual percentage yield is 0.10%.
Other important features to consider when you want to sign up for the Comerica Platinum Circle Checking Account would be:
- 24/7 access to ATMs
- ATM or debit card
- Checking of any type at no cost
- Minimum opening amount for CDs of $1000
- Overdraft protection for the account of your choice
- Dedicated customer service number: 877.894.1592
- Certificate of Deposit rates as low as 0.45%.
- Checking account for any family member with no monthly fee
- Inclusion of an MMA and savings account free of maintenance fees
- Fixed rate increase when you sign up for a new IRA or CD with a duration greater than 180 days
- Interest rate discount on the Home Equity Flexline or any personal loan when you enable the autopay feature.
If you have the resources and do not want a Premier Checking or Rich Rewards account, this is a very attractive alternative. Also, if you need to review products similar to this one to compare their features, there are many to choose from.
Español: Cuenta Platinum Circle Checking de Comerica