Truth in Savings Disclosure Frost Savings Account

Member FDIC

Account Opening and Monthly Service Charge

Minimum Opening Deposit​ $50
Monthly Service Charge $3.50 if your minimum daily balance falls below $500 any day during the month.
How to Avoid the Monthly Service Charge $0 Monthly Service Charge if your minimum daily balance is $500 or more.

Interest Information

Interest Rate and APY​ The interest rate paid on the entire collected balance in your account will be 0.01%, with an annual percentage yield of 0.01%.
The interest rate and annual percentage yield may change at any time at our discretion.
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 quarterly. 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).

Account Limitations

How Many Transfers and Withdrawals are Allowed per Statement Cycle Transfers and withdrawals made in person or at an ATM are unlimited. However, federal regulations limit the number of transfers to another one of your accounts at Frost or to a third party by means of a pre-authorized or automatic transfer, telephone transfer, computer transfer or by check, draft, debit card or similar order, to a combined total of six per month. This includes overdraft protection transfers and Frost online banking transfers and bill payments.
Excess Withdrawal Fee You are allowed two free withdrawals per month. There will be a $3.00 savings withdrawal fee for each additional withdrawal over two per month.

ATM Fees

Frost ATMs​ $0
Pulse Point-of-Sale Terminals $0
Participating H-E-B Locations $0
Participating Corner Store Locations $0
Non-Frost ATMs $2 for any Inquiries, Transfers or Withdrawals while using a non-Frost ATM, plus any fees the ATM owner charges.
Replacement ATM & Debit Card $0
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 ​

Overdraft Protection Plans

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.

Overdraft Fees

Overdrafts created by check, in-person withdrawal, ATM withdrawal or other electronic means $34 for each item we pay that overdraws your account more than $5, up to a maximum fee of $170 per day.
Non-sufficient Funds Fee $34 per item that we do not pay
Overdraft Protection Transfer Fee, each advance from:
  • Another deposit account
  • Line of credit (subject to credit approval)
 

$0
$0 (interest will apply on the outstanding balance)

Frost Online Banking Services

Online Statement Delivery $0
Non-sufficient funds notification service $0
Replacement ATM & Debit Card $0
Statement/1099 copy $0
Stop payment $20 per item

Miscellaneous Fees

Account research/Statement balancing ​$20 per hour ($20 minimum)
Check certification $10
Cashier’s checks $5 per item
Money orders $3 per item
Return item $4 per item
Statement copy $2 per copy
Wire transfers Fee varies
Incoming wire transfers $12 per item
Domestic collection item $20 per item
Foreign collection item $40 per item
Stop payment $30 per item
Hold mail at financial center for pick-up $10/month