Check Writing Fees. Randy, a student, has $500 to deposit in a new checking account, but Randy knows he will not be able to maintain a minimum balance. He will not use an ATM card, but will write a large number of checks.
Randy is trying to choose between the unlimited check writing offered by South Trust and the low per-check fee offered by Sun Coast.
How many checks would Randy have to write each month for the account at South Trust to be the better option?