Key takeaways. Check your balance online, on the phone, through your bank's mobile app, at the ATM and with bank statements. A bank teller can provide account details in person.

Many people struggle with the fact that the bank deducts the average minimum balance charge if there is no money in the account. Customers of savings accounts, however, don't have to worry anymore.

The Beneficial State Bank Money Market Account has a much higher monthly service fee than the savings account, and the minimum monthly average balance to waive the fee is $3,000.