Larger (national, multi-state regional) banks do. For example, Chase charges a monthly fee for US accounts unless you have a certain amount of money in your account at all times or you have your salary paid into it every month (or if you have a business account, if you also have one of their business credit cards and spend a certain amount each month). So do the other major banks (except Citibank, where they will also waive the fee on their most basic account just for one direct bill payment per month). Smaller banks (operate entirely within one or a few states) and credit unions generally don’t.
Fees like what Pockit charges are more like what you’d expect to see from the typical prepaid card product in the US. For example, NetSpend Prepaid charges:
$9.95 monthly for unlimited card purchases ($5 if you have salary or benefits paid in every month) or $1.50 per purchase if you elect for “pay as you go”
$2.95 per ATM withdrawal
$3.95 deducted from each cash deposit (works like PayPoint in the UK)
In only have one overdraft (limit) (Starling) and haven’t ever been refused a credit card. My remortgage went through fine a couple of months ago, and although I don’t have a personal loan, I’ve had them in the past and have never been refused.
I’m on Plus. I really don’t like the blue card, would prefer hot coral but I don’t want an embossed card. Love the look of the metal Premium card, but I’m not going to pay an extra £120 a year for insurance I won’t use. I’d pay a one-off fee but as you say, I understand why they don’t offer the option.
Edit: I’d revert to the standard card (while still paying for Plus) like a shot if they made it non-embossed. Every* other card they do (Plus, Premium, and the limited editions) are non-embossed and I just don’t understand why they persist with embossing the standard card. I don’t buy the explanation I was given about accessibility.
*Except the business card, which is non-embossed except for the business name on the front, and which looks a bit pants as a result.
) Monzo Premium Card out of my wallet. forget how nice it was
