First Merchants BankChecking accountChecked Oct 10, 2026Updated
First Merchants Carefree Checking Account
$5monthly fee
- A year for an everyday customer
- $0 fees and interest, $2,000 kept
- To open
- No minimum to open
- On our list
- #279 of 986 checking accounts, by a year’s value for an everyday customer
Visit First MerchantsThe bank’s own page · checked Oct 10, 2026
Fees
- Monthly fee
- $5 a monthSource · checked Oct 10, 2026
- Ways to avoid the monthly fee
- Any one of these:
- Make one transaction per month
- Maintain $100 minimum combined personal deposit balances
- Students under age 25
- Minimum to open
- NoneSource · checked Oct 10, 2026
- Overdraft transfer fee
- NoneSource · checked Oct 10, 2026
- ATM network
- MoneyPassSource · checked Oct 10, 2026
- ATMs in the network
- 40,000Source · checked Oct 10, 2026
- Paper statements
- $3 a monthSource · checked Oct 10, 2026
Features
Debit cardEarly direct depositMobile walletNo overdraft feesOverdraft grace periodOverdraft protection transferZelle
From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.
Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money · Not stated: 1 item counted at typical fees