Fees

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We want you to be able to use your money to earn perks, not pay a bunch of fees. That’s why you’ll never pay a maintenance fee when you use your account each month. And there are no account minimums, low balance fees, or charges to make purchases with your debit card.

Our fees are outlined below:

PerkStreet Fees
Overdraft protectionWhen you spend more money than you have in your account we may choose to approve the transaction as a convenience to you and will charge you a fee for this service. This is optional protection which you can elect to have or opt–out of if you would prefer to have your transaction declined to avoid the fee. $25 per item
Non-sufficient funds feeAlso known as a bounced check fee. It applies in situations like when you write a check for more money than you have in your account or if you were to deposit a bad check and prior to the check being reversed you spend the bad funds. If your account isn't covered by overdraft protection we charge you a non–sufficient funds fee. $23 per item
Monthly inactivity fee While there is never a monthly fee for using your account, if you don't use your account in a given month you will be assessed a fee. Doing any of the following at least once each month ensures that you won’t be assessed a monthly inactivity fee: making a transaction with your debit card, writing a check that clears the account, using Online Bill Pay, initiating a withdrawal or making a deposit to the account. $4.50
Additional book of checksWe’ll send you your first book of checks for free. Each additional book of checks you order will be billed based on the type of checks you select. Varies based on type of checks ordered
Research FeeWhen you make requests that require us to conduct research to resolve, we may charge you an hourly fee for conducting this research. This includes IRS levy, legal requests, writs and/or subpoenas. $25 per hour, $10 minimum
Treasurer’s check fee Also called a cashier’s check, this is a check from the bank where the funds are validated by the bank itself. $8 per check
Standard debit card replacement fee / Expedited replacement debit card fee If you need a replacement debit card we’ll send you one free of charge. If you need to get your replacement debit card more quickly, you can request expedited delivery for a fee. Free / $50 per request
Stop payment fee When you wish to cancel a check that you have sent out but has not yet been cashed. $15 per request
Incoming wire transfer fee / Credit card funding feePerkStreet does not charge a fee for wire transfers into your account, making a direct deposit, online transfers/ACH, by mailing us a check via standard mail, or free overnight delivery using a MailBoxes Etc® or UPS Store® location. Should you transfer money from a credit card line into your checking account, the card company charges us a fee that we pass on to you. Free / 2.5% of funds loaded
Deposit item returned fee If you deposit a check that turns out to be a bad check and the Federal Reserve pulls the funds out of your account, you will incur this fee. $7 per item
ATM fee/Non-Network ATM fee You won’t pay any fees as long as you use ATMs within the STARsf® surcharge-free network. If you use an ATM outside the STARsf® surcharge-free network you will be assessed this fee. Free/$2.00 per transaction
Foreign exchange transaction fee This is a fee that is charged when you use your debit card outside the United States. 1% of transaction amount
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Overdraft protection is kind of like an insurance policy that allows your checks and debit card transactions to go through, even if you don’t have the money in your account to cover them. We provide this protection at our discretion and whether we approve the transaction depends on a number of factors, including the amount of the transaction and the past activity in your account. We charge an overdraft protection fee for this service because it costs us money to provide it. You may choose to receive overdraft protection when you apply for your account.

If you do not choose to receive overdraft protection, and you were to use your debit card when there isn't enough money in your account to cover the purchase, your transaction would be rejected. We do not charge a fee for this.

If you do not choose to receive overdraft protection, you would incur a non-sufficient funds fee and your payments would be rejected in instances where you write a check for more money than you have in your account, causing the check to bounce. The retailer or biller may also charge you a fee.

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Obviously nobody wants to pay fees. But our customers who have overdraft protection like the fact that they're covered, even if they make a mistake. Overdraft protection also protects them from the hassle --- and additional cost --- of bounced checks. Don’t worry, if you’re not interested, you can always opt-out of overdraft protection. But for those who want it, it's there for you.

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