Tons of rewards, not fees
The PerkStreetSM checking account is free to use. 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. The fees we do charge are avoidable and all of them are explained here. No tricks, no games, no gotchas. Promise.
Overdraft fee
$25 per item
When 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 decline if you would prefer to have your transaction declined to avoid the fee.
Returned item fee
$23 per item
Also known as a bounced check or failed transaction fee. It applies in situations like when you write a check or make an online bill payment or pre-authorize a payment for more money than you have in your account. If your account isn't covered by overdraft protection, your check will bounce or the transaction will fail. If this occurs we charge you a returned item fee. This fee will also apply if you signed up for overdraft protection, exceed the overdraft protection limits and a transaction is declined.
Inactivity fee
$4.50
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.
Additional book of checks
Varies based on type of checks ordered
We'll send you your first two books of checks for free. Each additional book of checks you order will be billed based on the type of checks you select.
Research Fee
$25 per hour, $10 minimum
When 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.
Treasurer's check fee
$8 per check
Also called a cashier's check, this is a check from the bank where the funds are validated by the bank itself.
Standard debit card replacement fee / Expedited replacement debit card fee
Free / $50 per request
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.
Stop payment fee
$15 per request
When you wish to cancel a check that you have sent out but has not yet been cashed.
Incoming wire transfer fee / Credit card funding fee
Free / 2.5% of funds loaded
PerkStreet 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 Mail Boxes 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.
Deposit item returned fee
$7 per item
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.
ATM surcharge/Non-network ATM fee
Free/$2.00 per transaction
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.
EFT Surcharge (also known as a Foreign Exchange Fee)
1% of transaction amount
This is a fee that is charged when you use your debit card outside the United States.
Outgoing wire transfer fee
$12 Domestic/$45 International
In the event that you need to send a wire transfer from your PerkStreet account, you will be charged this fee.
