A significant number of people with substantial wealth decide to do their banking at the same establishments that regular people frequent. Personal bankers waived fees and the ability to do trades are just some of the luxuries that come standard on accounts designed specifically for the ultra-wealthy, which have been developed by these financial institutions so that they may cater to the requirements of their clients. Also, these accounts do not charge any fees for cash management, and they both give limitless fee rebates at ATMs across the globe.

1. Bank of America

Individuals with a minimum of $3 million in liquid assets are the customers that Bank of America's Private Bank, the private banking subsidiary of Bank of America, serves. It eliminates the typical bank fees associated with checking accounts to meet certain requirements regarding the account's minimum balance. Members are entitled to participate in the Preferred Points programme, which provides members with special perks such as a 75% bonus on rewards earned with a Bank of America credit card. Additionally, there are no monthly maintenance costs associated with this programme.

2. Citigold Private Client

Ease cash management for customers with a significant amount of financial assets. The package gives the customer access to checking, savings, and money market accounts with Citibank, each of which comes with various benefits, including unlimited refunds on ATM fees charged by banks other than Citibank and greater daily limits on ATM withdrawals and debit card transactions.

3. Union Bank Private Advantage

Customers of Union Bank's Private Bank may take advantage of the many perks offered by the Private Advantage checking account. There are no monthly maintenance fees of any type and no minimum balance restrictions associated with this account, which may be created with a deposit of $1,000. Interest is accrued on balances every month and is compounded after each payment.

4. HSBC Checking

HSBC Premier Checking makes it simple to take advantage of significant perks without obligating customers to pay ongoing maintenance costs. You have the option of doing one of the following to keep from being charged a monthly service fee:

• Meet a $75,000 minimum balance requirement
• Set up automatic direct transfers each month, totalling at least $5,000, and keep them going.
• Have a residential mortgage loan from HSBC in the United States with an initial loan amount of $500,000 or higher.

A monthly maintenance charge of $50 will be assessed to your account if you cannot fulfil any of these conditions. Customers with Premier Checking accounts are eligible for limitless reimbursements on ATM fees charged by other financial institutions, preferential mortgage rates, and access to one of the bank's savings accounts that yield the highest interest rate.

5. Morgan CashPlus

Stanley CashPlus is a cash management system intended to fulfil all your needs in a single package. Also, these accounts do not charge any fees for cash management, and they both give limitless fee rebates at ATMs across the globe. Maintaining a daily average cash balance of $25,000 to avoid paying the monthly service charge of $45.

6. TD Private Banking

TD makes private banking services available to customers in the United States and Canada. These services best suit customers with investable assets of at least $750,000. In addition, business deposit accounts and solutions for liquidity issues are provided. Members of Private Client can withdraw up to $1,500 daily from ATMs and make point-of-sale transactions of up to $20,000. In addition, Private Client members can make up to $50,000 daily mobile deposits.

7. Truist Wealth Checking

The wealth management branch of Truist, originally known as BB&T, provides an extensive selection of goods and services. The Truist Wealth Checking account provides its customers with discounted fees, preferential interest rates on loans, and tiered checking interest rates. A daily limit of $3,000 for cash withdrawals from ATMs and a daily maximum of $25,000 for purchases are also benefits.

8. Private Bank Checking Accounts from PNC

People who value ease and the potential to earn interest on balances are good candidates for the PNC Private Bank Checking account, a cash management solution. Clients of the PNC Private Bank work closely with a Banking Advisor who is solely focused on assisting them in better comprehending and planning for their immediate and long-term monetary requirements. ATM fees charged by banks other than Citibank and greater daily limits on ATM withdrawals and debit card transactions. You have the option of opening both a Private Bank Checking account and a Private Bank Money Market account at the same time.