|Effective June 13, 2022|
A Guide to your Frost Plus Account
Frost Plus AccountThe account for your ambitions, your plans and your lifestyle.
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
$15 monthly service charge waived with combined average daily balances* of $10,000 in personal deposit accounts or if you are a borrower on a Frost consumer real estate secured loan 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
No ATM fees from Frost when you’re traveling and using non-Frost ATMs, plus up to $5 refund per statement cycle of ATM owner fees when using a non-Frost ATM
Unlimited personal Frost Savings Accounts with no monthly service charge to help you set money aside for specific goals
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
Account Opening and Monthly Service Charge
|Minimum Opening Deposit||$25|
|Monthly Service Charge||$15|
|How to Avoid the Monthly Service Charge||$0 Monthly Service Charge when you have ONE of the following (during each monthly statement period):
|Monthly Service Charge on Personal Savings Accounts||If you are an owner of this account, there will be a $0 Monthly Service Charge on all personal Savings accounts you own.|
|Interest Rate and APY||The interest rate paid on the entire collected balance in your account will be 0.11%, with an annual percentage yield of 0.11%.
The interest rate and annual percentage yield may change at any time at our discretion. Fees could reduce earnings on the account. Rates effective 01/26/2023.
|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||$0|
|H-E-B, Corner Store, and Circle K Locations in Texas||$0|
|Non-Frost ATMs||$0 Frost fee for any Inquiries, Transfers or Withdrawals while using a non-Frost ATM. The ATM owner may charge additional fees, which will be refunded up to $5 per statement cycle.|
|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 presented for payment we pay that overdraws your account by more than $100.
There is a maximum overdraft fee of $175 per day.
|Non-sufficient Funds||$0 per item|
|Overdraft Protection Transfer, each advance from:
$0 (interest will apply on the outstanding balance)
|Account research/Statement balancing||$20 per hour ($20 minimum)|
|Check copy||$2 per item (first five items free for imaged customers)|
|Check order||Free bank stock checks, otherwise fee varies|
|Return item||$0 per item|
|Statement copy||$2 per copy|
|Stop payment||$30 per item|
|Outgoing wire transfer||Fee varies|
|Incoming wire transfer||$15|
|Domestic collection item||$20 per item|
|Foreign collection item||$40 per item|
|Hold mail at financial center for pick-up||$10 per month|