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What Is Fee-Free Banking?

Since 2022, Amplify has put millions of dollars back in the pockets of our members by charging $0.00 in personal and business bank fees. That's because we don't charge "fewer" or "lower" fees - we charge zero bank fees to all our members, no matter how you spend your money.

Personal Savings Accounts

From minimum balance fees to insufficient funds penalties to foreign transaction fees, many account fees are designed to chip away at your savings. Thankfully, our savings accounts are always fee-free.

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Personal Checking Accounts

Wouldn't it be nice if an overdraft program came without the fees? At Amplify, it does. In addition to our other fee-free banking services, our free overdraft programs will allow you to spend with confidence.

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Business Bank Accounts

No more transaction fees and no more wire transfer fees. Every small businesses can benefit from our fee-free banking. That means more or your budget is going to growing your business and no paying us.

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Tired of being your bank's piggy bank?

Every year, big banks collect billions of dollars in things like overdraft fees. Switch to Amplify and you will pay $0.00 in overdraft fees, service fees, wire transfer fees, and many, many more.

See our list of $0.00 bank fees

What Do Banks Charge in Fees?

Unless you spend most of your time reading the fine print, you may not know what your bank will charge you until after you've been charged a fee. Here are four of the most common fees our customers ask about when making the switch to fee-free banking.

  • Maintenance Fees

    Most monthly maintenance fees range from $4.95 to $10.00² unless you meet the criteria needed to waive that account. At Amplify, that number is $0.00.

  • Overdraft Fees

    According to BankRate's annual Checking Account and ATM Fee Study, the average overdraft fee for banks is $29.80³. At Amplify, that number is $0.00.

  • Foreign Transaction Fees

    According to NerdWallet, the average debit card foreign transaction fees range between 1% and 3%⁴ for most major banks. At Amplify, that number is $0.00.

  • Stop Payment Fees

    According to NerdWallet, the average stop payment fees at the major banks range from $7.50 to $31.00⁵. At Amplify, that number is $0.00.

How Do I Go Fee-Free at Amplify?

Fee-free banking at Amplify is not an add-on or a premium service. Fee-free banking is a standard benefit for every member, no matter how long you've been with the credit union. Follow these steps to get the most out of your Amplify experience.

  • Open an Account

    Our streamlined application allows you to open a new savings and checking account in just a few easy steps.

  • Download Our App

    Our mobile-first banking experience puts fee-free banking in the palm of your hand. Download our app in App Store or Google Play.

  • Transfer Your Spending

    Our ClickSWITCH platform will identify existing payments and recurring deposits and automatically transfer them to your new Amplify account.

    How It Works

Got Questions?

We know switching bank accounts can be a lot, so we want to answer as many of your questions as we can. Email us at and we'll have a team member answer your question within 1-2 business days.

  • What makes credit unions different from banks?

  • Does Amplify offer interest on their accounts?

  • Do you still offer overdraft protection?

  • Are there any hidden penalties?

  • Does fee-free apply to loans?

  • What about ATM fees?

Put your money where your morals are

Switch to Amplify and help make fee-free banking the standard for millions of Texans.

Stop Paying Fees

¹The term bank fees refers to any fees associated with the operation of personal or business deposit accounts. This includes savings accounts, checking accounts, certificates of deposit, and money market accounts. Bank fees does not refer to personal, commercial, or real estate loan products, or to third-party services offered through Amplify (such as wealth management or credit card services).
²"How monthly bank maintenance fees work, and ways to avoid them," Business Insider.
³"Survey: Bank overdraft fees tumble to 13-year low while ATM fees are back on the rise," BankRate.
⁴"What Banks Charge for Debit Foreign Transaction Fees," NerdWallet.
⁵"Stop Payment: The Cost to Cancel Checks at Banks," NerdWallet.