Citizens Bank to raise checking fees

PROVIDENCE, RI (WPRI) - Citizens Bank is raising the fee on its popular Green Checking account effective April 23.

That's according to the Boston Business News.

Citizens' Green Checking account fee will increase from $4.99 to $9.99.

Customers can avoid the charge by maintaining a average daily balance of $1,500 or making five qualified transactions each month.

Those qualifying transactions include ATM withdrawals, direct automatic payments, online bill payments, debit card purchases, and paid checks.

The fee for its Personal Checking with Interest product is also increasing, from $9.99 to $11.99 a month.

Customers can also avoid that charge if they maintain an average daily balance of $2,500 or make five transactions each month.

Citizens Bank is a division of Royal Bank of Scotland.

Citizens' headquarters are located in Providence.