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U.S. Bank Business Essentials

U.S. Bank Business Essentials contract and early termination fee

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U.S. Bank also offers: Card processing
U.S. Bank Business Essentials contract and early termination fee
TermDetail
Initial termMonth to monthU.S. Bank (opens in a new tab) · Contract or terms · The agreement sets no minimum term: you close the account by telling the bank.
Early termination fee (ETF)You close the account by telling the bank; emptying it to $0 is not enough notice and may cause additional fees. Leave funds for pending items. The bank can close the account for any reason. An account with a zero balance and no activity for four months closes automatically, along with its payment processing.U.S. Bank (opens in a new tab) · Contract or terms ·
How the ETF is calculatedNot researched yet
Right to raise pricesThe bank may change any term or add a new one with reasonable notice; the agreement says 30 days' written or electronic notice is reasonable. Keeping the account after the change means you accept it. The pricing disclosure says fees are subject to change without notice.U.S. Bank (opens in a new tab) · Contract or terms ·
Trial periodNot researched yet

This is general information about published contracts, not legal advice: read your own contract and check with a lawyer before you sign.

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