FWF Archive: American Express Membership Banking: $3000 min deposit for $75 bonus, $2500 min to waive fees.

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This is an archival post; the contents are well over 2 decades old, but some details may still be relevant.

I am editing some details.

Originally, all links were redirected from the forums, but they don’t work anymore. These require manual editing to remove the redirects and restore the URLs.

The copy/paste process is also compacting lines, so I do need to edit the spacing. I am also removing duplicate posts. And finally, some light edits to mispelled words.

Please refer to the parent page for information about FatWallet Forums and this project.

Date Posted: Oct/09/2001 10:26 PM
Posted By: Cyberbishop
Rank: Charter MemberAmEx Membership Banking (Not sure if it’s a referral…)

1 Your bonus will be deposited to your Interest Checking account 4-8 weeks after your Membership B@nking account has been approved. In order to qualify for the bonus, you must open and fund your account with the minimum balance(s) described above. Your Membership B@nking account must be open for at least six months or the bonus will be forfeited. The value of your bonus will be reported as interest income and is taxable. The monthly account maintenance fee is $7.50 for Interest Checking. If your combined average daily balance in your Interest Checking account is $2,500 or more, or if the average daily balance across all of your Membership B@nking accounts is $5,000 or more, your monthly account maintenance fees will be waived.

4× $1.50 ATM rebate per month.