Frost Bank Personal Checking and Savings Options

Frost Bank offers a range of personal checking and savings options to suit different financial needs and lifestyles. Frost Bank's personal checking accounts come with features like mobile banking, bill pay, and account alerts.

Their most popular checking account, Frost Checking, has no monthly maintenance fees and allows for a large number of transactions.

Frost Savings accounts also have low or no fees, and can be linked to checking accounts for easy transfers.

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Frost Bank's account features are designed to make managing your finances easy and convenient. All Frost Bank accounts come with free access to their extensive Texas ATM network.

Online and mobile banking is also free, making it easy to keep track of your accounts on the go. Frost Bank requires a low minimum opening deposit, with a higher deposit needed to avoid a monthly fee.

You can enroll in free automatic overdraft protection transfers with a checking and savings account. These transfers move money between accounts to prevent accidental overdrafts.

Related reading: Frost Bank Atm Fees

Frost Bank has been consistently recognized for its exceptional service, earning 34 Greenwich Excellence and Best Brand Awards for 2023, the highest amount received nationwide for the eighth consecutive year.

These awards were given in two segments: middle-market and small-business banking. Frost received 16 awards in the middle-market segment and 18 in the small-business segment, nearly evenly split.

Frost's commitment to customer satisfaction is reflected in its awards, including "Overall Satisfaction" and "Likelihood to Recommend" in both segments.

Frost's bankers are known for providing the highest level of customer service, making people's lives better.

Frost received numerous awards in both segments, including awards for "Best Brand – Ease of Doing Business", "Best Brand – Trust", and "Best Brand – Values Long-Term Relationship."

Here are some of the specific awards Frost received in the small-business segment:

Frost received similar awards in the middle-market segment, including awards for "Best Brand – Ease of Doing Business", "Best Brand – Trust", and "Best Brand – Values Long-Term Relationship."

To open a personal checking account with Frost Bank, you'll need a minimum deposit of just $25. This is a relatively low barrier to entry, making it accessible to a wide range of customers.

The account comes with a Visa ATM card and free access to over 1,200 ATMs in Texas. This means you can withdraw cash or deposit funds without incurring any extra fees.

To avoid the $8 monthly service charge, you can either have a monthly direct deposit of at least $100, maintain a minimum balance of at least $1,000, or have a total balance of $5,000 across all Frost Bank accounts.

Here's a quick rundown of the ways to waive the monthly fee:

If you make a mistake and overdraft your account, Frost Bank will transfer funds from another account, such as a savings or money market account, for free. This is a valuable feature that can save you from unnecessary fees.

If you're considering opening a Frost Bank account, there are a few things to keep in mind.

One of the biggest catches is that Frost Bank is a Texas bank, which means it doesn't have any locations outside of the state.

This can be a major inconvenience if you plan on spending a lot of time in other parts of the country, as you may struggle to access your money.

But if you're a Texas resident, this shouldn't be a problem.

Here are some account types that may have additional restrictions or requirements:

These accounts may have their own set of rules and fees, so be sure to check the fine print before opening.

Frost Bank accounts come with a range of features that make managing your money a breeze. One of the best perks is free access to Frost Bank's extensive Texas ATM network.

You can also bank online and through the mobile app without incurring any fees. This is a huge plus, especially for those who are always on the go.

Curious to learn more? Check out: Frost National Bank Swift Code

To avoid monthly fees, you'll need to meet the minimum opening deposit requirements, which vary depending on the account type. For example, the savings account requires a $50 deposit, while the money market account needs a $50 deposit as well.

Frost Bank offers automatic overdraft protection transfers between accounts, which is a lifesaver for those who tend to overdraw their accounts. This feature is free and can be enrolled in with a checking and savings account.

Here are some key features of Frost Bank's accounts:

Frost Bank's savings account also comes with a free Visa debit card, which can be used to withdraw money from Frost ATMs without any fees. However, using other ATMs will incur a $2 fee, plus any additional fees charged by the ATM owner.

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Opening an account with Frost Bank is a straightforward process. You can start by visiting their website and providing the required information, including a Texas address, government-issued photo ID, and Social Security number.

If you prefer to open an account in person, you can stop by one of their financial centers with the necessary documents and funds.

To manage your account, you'll need to make regular deposits to avoid monthly fees. For savings accounts, this means depositing at least $50 initially, and maintaining a balance of $300 or more to waive the $3.50 monthly fee.

To open a Frost Bank account, you can start by visiting their website, but you'll need a Texas address, a government-issued photo ID, and your Social Security number.

You'll also need to have some funds available for your initial deposit, which can be done by transferring money from another bank account.

If you'd rather open an account in person, you can stop by one of Frost Bank's financial centers and bring your cash, as well as the same required information.

To avoid a monthly fee, you'll need to meet the minimum opening deposit requirement, which is relatively low.

Having both a checking and savings account with Frost Bank can also give you access to free automatic overdraft protection transfers, which can help prevent rejected checks.

Cullen/Frost Bankers, Inc. has a rich history of growth, starting with its first acquisition in 1928 when it purchased Lockwood National Bank.

Organic growth played a significant role in the company's expansion, but strategic acquisitions also helped Frost grow its customer base and services.

In 1977, Frost merged with Cullen Bankers, Inc. of Houston, forming Cullen/Frost Bankers, Inc. and listing its stock on the NASDAQ.

This merger marked a significant turning point for the company, allowing it to expand its reach and offerings to customers.

Frost continued to grow through acquisitions, including the purchase of Alamo Bank of Texas, Horizon Capital Bank, Summit Bancshares Inc., and Texas Community Bank between 2005 and 2014.

In 2014, the company acquired Western National Bank, further expanding its presence in the market.

To open a savings account at Frost Bank, you'll need to start with a deposit of at least $50. This is a relatively low minimum deposit requirement compared to some other banks.

Frost Bank offers free access to your savings account online, mobile, and at physical locations. You can also use your free Visa debit card to withdraw money from Frost ATMs for free.

The interest rate on Frost Bank savings accounts is 0.30% APY. While this isn't the highest interest rate out there, it's still a decent rate that beats some major banks like Chase and Wells Fargo.

To avoid a monthly service fee of $3.50, you'll need to maintain a minimum balance of $300 in your account. This fee will essentially cancel out any interest payments earned on your account.

A savings account with Frost Bank comes with some restrictions, including a limit of two withdrawals per month. Withdrawals beyond that limit will cost an additional $3.

Here are the key features of Frost Bank's savings account:

Overall, Frost Bank's savings account is a solid option for those looking for a low-minimum deposit requirement and free access to their account.