|Effective February 1, 2024
A Guide to your Frost Personal Account
Frost Personal AccountEssentials for feeling confident about your money.
A Frost Personal Banker to attend to your financial needs and 24/7 phone support so you’ll always be able to talk to a real person
$8 monthly service charge waived with $100 monthly direct deposit or $1,000 minimum daily balance or $5,000 combined average daily balances* of personal deposit accounts or you own a Frost Premium Account
Fee-free overdrafts if you overdraw your account by $100 or less under our standard overdraft courtesy program
A mobile app loaded with convenience and security features such as mobile check deposits, Send Money with Zelle ® and biometric login
Real-time Debit Card Alerts sent straight to your phone
Access to more than 1,700 ATM locations and more than 150 Frost financial centers
Unlimited transactions and check writing
Interest paid monthly based on entire collected balance if daily balance is $5,000 or greater
Account Opening and Monthly Service Charge
|Minimum Opening Deposit
|Monthly Service Charge
|How to Avoid the Monthly Service Charge
|$0 Monthly Service Charge when you have ONE of the following (during each monthly statement period):
|Interest Rate and APY
|If your daily balance is $5,000 or more, the interest rate paid on the entire collected balance in your account will be 0.08%, with an annual percentage yield of 0.08%. The interest rate and annual percentage yield may change at any time at our discretion. Fees could reduce earnings on the account. Rates effective 02/29/2024.
|How the Interest Rate is Calculated
|We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the collected balance in the account each day.
|How Interest is Compounded
|Interest will be compounded and credited to the account monthly. If you close your account before the interest is credited, you will receive the accrued interest.
|When Interest Begins to Accrue
|Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
|Pulse Point-of-Sale Terminals
|H-E-B, Corner Store, and Circle K Locations in Texas
|$2 for any Transfers or Withdrawals while using a non-Frost ATM, plus any fees the ATM owner charges.
|Notice regarding ATM fee by others - If you use an automated teller machine that is not operated by us, you may be charged a fee by the operator of the machine and/or an automated transfer network and you may be charged a fee for a balance inquiry even if you do not complete a funds transfer
|Overdrafts created by check, in-person withdrawal, ATM withdrawal or other electronic means
$35 for each item we pay that overdraws your account by more than $100, up to a maximum fee of $105 per day.
We will not charge you an overdraft fee if:
|Overdraft Protection Transfer, each advance from:
$0 (interest will apply on the outstanding balance)
|$5 per item
|$5 per item
|$0 per item
|$30 per item
|Outgoing wire transfer
|Incoming wire transfer
|Domestic collection item
|$20 per item
|Foreign collection item
|$40 per item
|Hold mail at financial center for pick-up
|$10 per month