Overview

Where does Commerce Bank Checking Account do business?

Commerce Bank Checking Account is based in Kansas City, MO. It was founded in 1865 and offers checking accounts services in 50 states (and Washington, DC).

Commerce Bank Checking Account is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in checking accounts, savings accounts, certificates of deposit (CDs), and money market accounts up to $250,000 per depositor if a member institution fails.

What APY does Commerce Bank offer?

Commerce Bank Checking Account offers an APY starting at 0.01% and ranging up to 0.05% (APY stands for annual percentage yield, rates may change).

What features and perks does Commerce Bank Checking Account offer?

This account includes the following features:

• Signup Bonus - Open an account and you will receive a signup bonus of up to $300 if you deposit a minimum of $Open a new Commerce Relationship Checking account with qualifying direct deposit OR 10 debit card purchases and earn $300.
• Free Bill Pay - Bill Pay allows you to receive ebills directly to your account and pay bills easily from your account.
• Mobile Banking - Commerce Bank Checking Account allows you to manage your money on the go without ever having to step in a brick-and-mortar bank. This includes depositing checks in your account with your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

What fees does Commerce Bank Checking Account charge?

This account charges a monthly maintenance fee of up to $20.

• Outgoing domestic bank transfers come with a $40 fee.
• Incoming domestic bank transfers come with a $12 fee.
• Outoing international bank transfers come with a $60 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• Incoming international bank transfers come with a $35 fee.
• Commerce Bank Checking Account charges a $5 fee for an early account closure. Contact Commerce Bank Checking Account for more details on what is considered an early closure.
• Commerce Bank Checking Account charges $3 every time you request a paper statement.
• Every returned deposit incurs in a $3 charge.