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Hmm... I pass about $xx,xxx through the account and I pay about:
$40 in annual fees.
$12 in transaction fees
$60 fees passed to be by sponsors ($2 a pop)
$240 ATM fees
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$352 or just under $1 a day to pass that money through...
Low end we are talking .4% fees on the money transfered.
High end about 3% fees on the money.
Notice even if I was only sending $11K through it, I am still saving over Paypal...
So don't worry about the fees. Or get checks... Drive them to the bank... Wait in line... Wait for them to clear... Rinse and repeat several times a month... no thanks!
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