Show the fee, condition and cost assumption

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Give each part a clear place.

Use four lines: Fee, No monthly fee, Year example and Still open. A list can be easy to read or hear.

Shortening the answer must not remove the rule or turn a worked example into a promise about your own cost.

Learn it

Show the assumption beside the sum.

If a $5 fee applies in each of 12 months, that fee adds up to $60. Check it yourself: $5 times 12 is $60.

This is not a forecast or the account’s full yearly cost. The fee might not apply in some months. The notice does not list other fees.

AI can help with a sum, but check the inputs and the math with a calculator or another reliable method. A correct total with the wrong assumption is still misleading.

The linked guide explains monthly fees in general. Our specific amounts and balance rule belong to the made-up notice.

See it

Four lines with the limits in view.

Made-up practice notice, not a bank offer: Monthly service fee: $5. No monthly fee if the balance at the end of every day is at least $500 for the whole month. Other fees and payment due dates are not given. This notice does not show a charge to a real account.

Sources (each opens in a new tab)

General guide: CFPB on monthly account fees

Example message

Use only this practice notice. Give four lines: the fee, the rule for no monthly fee, a 12-month cost example if the fee applies each month, and what is still unknown. Show the cost sum. Do not invent other fees or tell me to pay, cancel or choose an account. Made-up practice notice, not a bank offer: Monthly service fee: $5. No monthly fee if the balance at the end of every day is at least $500 for the whole month. Other fees and payment due dates are not given. This notice does not show a charge to a real account.

An example AI reply

Fee: $5 per month. No monthly fee: At least $500 in the account at the end of every day for the whole month. Year example: $5 times 12 is $60 if the fee applies each month; other fees are not included. Still open: Other fees, payment due dates and any charge to a real account.

The sum is conditional: all 12 monthly fees must apply. The balance rule and unknown costs stay visible. Nothing here tells the learner to pay or choose this account.

How can I help?

Show the fee, condition and cost assumption

Give each part a clear place.

Show the assumption beside the sum.

Four lines with the limits in view.

When does the $60 example apply?

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