The minimum amount of money that must be kept in a savings or checking account in order to avoid fees. Example: “I always make sure to keep enough money in my account to meet the minimum balance so I don’t get charged a fee.”
The minimum amount of money that must be kept in a savings or checking account in order to avoid fees. Example: “I always make sure to keep enough money in my account to meet the minimum balance so I don’t get charged a fee.”