Effective 12/09/2011, to waive the Basic Checking $10.00 monthly service charge you will be required to maintain $1,500.00 average balance in your Checking or combined average balance between your Checking and Day to Day savings account. You can also waive the fee if you receive direct deposit and complete a Bill Payment through our Online Bill Payment service.
I have no problem maintaining a $1,500 balance. $6,000 was just a little too much. I am glad I will be able to stay at Citibank because it's such a hassle to switch banks. I am just worried next year they will have another round of fee hikes.