Checking Accounts
Commerce offers a wide range of checking accounts; all designed to make banking easier for you and help you reach your financial goals. If you decide that you want to open an account with us, please follow our simple instructions to switch to Commerce Bank.
| Monthly Service Charge | Minimum Balance to Avoid Service Charge | Interest Paid |
Free Non-Commerce ATMs |
Identity Theft Protection | |
|---|---|---|---|---|---|
| $7 (if balance or direct deposit requirement not met) |
$1,500 in combined checking, savings and money market balances1 OR at least one single direct deposit of $500 or more during the month ($100 to open) | No | None | Free Basic Coverage2 | |
| $0 (until age 23)3 |
$0 ($100 to open) |
No | None | Plus Coverage Available for $4.49/mo | |
| $10 (if balance not met) |
$1,000 Minimum OR $2,000 Average ($100 to open) |
View Rates | None | Plus Coverage Available for $4.49/mo | |
| $12 (if balance not met) |
$5,000 Deposits OR $10,000 Combined Deposits & Loans4 ($100 to open) |
View Rates | No Commerce fee 3 times per month (other bank’s ATM fees may apply) | Free Basic Coverage2 | |
| $20 (if balance not met) |
$20,000 Combined Deposits & Loans OR Commerce Mortgage OR $100,000 Brokerage4 ($100 to open) |
View Rates | No Commerce fee at any ATM in the US – plus we’ll refund up to $30 of other banks’ fees per calendar month | Free Plus Coverage2 |
Disclosures:
- The person listed first on the account must maintain a combined balance of $1,500 in Commerce checking, savings and money market accounts. Qualifying balances are determined by using the actual daily balance on the day prior to the checking account statement cycle.
- Free to primary account holder. The primary account holder is the individual whose name appears first on the account.
- No minimum balance and no monthly service charge until the account holder turns 23, then the account converts to myRewards Checking.
- The person listed first on the account must maintain the balances shown. Qualifying deposits include personal checking, savings, money market, CDs, and retail IRAs. Business accounts do not qualify. Qualifying loans include personal loans and home equity loans or lines of credit. Business loans do not qualify. Qualifying brokerage balances include cash and securities that appear on the Commerce Brokerage statement. Brokerage services provided or reported through third parties are excluded. Qualifying balances are determined by using the actual daily balance on the day prior to the checking account statement cycle date each month.
- Commerce Brokerage Services, Inc., Member FINRA/SIPC, is a wholly owned subsidiary of Commerce Bank, N.A.
- To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging.
- Deposit Agreement & Disclosures
