Yes. First Internet Bank business savings accounts do have monthly maintenance fees, but they are easy to avoid by maintaining the required average daily balance.
• Business Regular Savings: A $2 monthly maintenance fee applies and is waived when you maintain an average daily balance of $1,000.
• Business Money Market Savings: A $5 monthly maintenance fee applies and is waived when you maintain an average daily balance of $4,000.
Account fees may reduce total earnings, so maintaining the required balance can help you get the most out of your business savings.
