The Frost Premium Account Schedule of Fees
| Effective February 1, 2024 | |
A Guide to your Frost Premium Account |
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Account Overview
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Frost Premium Account The account for those who entrust us with their wealth. |
A dedicated Frost Private Banker to help manage your whole financial life $30 monthly service charge waived with combined average daily balances of $250,000 in your personal deposit and qualified investment accounts (defined below) No ATM fees from Frost when you’re traveling and using non-Frost ATMs, plus up to $15 refund per statement cycle of ATM owner fees when using a non-Frost ATM Unlimited personal checking, savings and money market accounts with no monthly service charge No wire transfer, overdraft or other miscellaneous fees 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 Optional overdraft protection from a Frost checking, savings or money market account or a line of credit (subject to credit approval) Unlimited transactions and check writing Interest paid monthly based on the entire collected balance in your account |
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| Minimum Opening Deposit | $25 |
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| Monthly Service Charge | $30 |
| How to Avoid the Monthly Service Charge |
$0 Monthly Service Charge when you have $250,000 combined average daily balances* of personal deposit and investment accounts you own. *The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Direct mutual fund account balances are as of the previous month end. |
| Eligibility | If the $250,000 combined average daily balance requirement is not met for 3 consecutive statement cycles, the account will automatically convert to a Frost Personal Account. |
| Monthly Service Charge on Other Personal Accounts | If you are an owner of this account, there will be a $0 Monthly Service Charge on all other personal checking, savings, money market and Health Savings Accounts you own. |
Interest Information
| Interest Rate and APY | The interest rate paid on the entire collected balance in your account will be 0.12%, with an annual percentage yield of 0.12%. The interest rate and annual percentage yield may change at any time at our discretion. Fees could reduce earnings on the account. Rates effective 04/25/2024. |
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| 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). |
| Frost ATMs | $0 |
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| Pulse Point–of–Sale Terminals | $0 |
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H–E–B®, Corner Store, and Circle K Locations in Texas |
$0 |
| Non–Frost ATMs | $0 Frost fee for any Transfers or Withdrawals while using a non-Frost ATM. The ATM owner may charge additional fees, which will be refunded up to $15 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.
| Automatically transfer funds to your checking account from another linked account or a line of credit. |
There is no fee to transfer funds from your linked account or from your line of credit. However, interest will be charged on the outstanding balance of your line of credit. |
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| Overdrafts created by check, in-person withdrawal, ATM withdrawal or other electronic means |
$0 for each item presented for payment we pay |
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| Non-sufficient Funds Fee |
$0 per item |
| Overdraft Protection Transfer Fee, each advance from: • Another deposit account • Line of credit (subject to credit approval) |
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| Online Statement Delivery | $0 |
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| Non-sufficient Funds Notification Service | $0 |
| Check Printing | Free bank stock checks, otherwise fee varies |
| Replacement ATM & Debit Card | $0 |
| Statement/1099 Copy | $0 |
| Stop Payment | $0 per item |
| Check certification | $0 |
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| Check printing | Free bank stock checks, otherwise fee varies |
| Cashier's checks | $0 |
| Money orders | $0 |
| Return item | $0 |
| Wire transfers | $0 |
| Incoming wire transfers | $0 |
| Domestic collection item | $0 |
| Foreign collection item | $0 |
| Stop payment | $0 |
| Hold mail at financial center for pick-up | $0 |
Member FDIC
R(02/01/24)