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Are there any minimum balance requirements for customizable savings accounts?

Curious about about customizable savings

Are there any minimum balance requirements for customizable savings accounts?

The minimum balance requirements for customizable savings accounts may vary depending on the financial institution offering the account. Some institutions may require a minimum opening deposit, while others may not. Additionally, some institutions may require a minimum ongoing balance to avoid fees or to qualify for certain benefits, while others may not have such requirements. It's important to carefully review the terms and conditions of any customizable savings account before opening it to understand the minimum balance requirements and any associated fees or restrictions.

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