Has Anyone Had A Reward Checking Closed Because Of Small Debits?

This has not happened to anyone I know. Just curious.

"Anyone you know?"  It is all over the web (and this site), just do a search.  The most famous (recent) one I recall was City National Bank (now at 1.05% APY):

http://www.depositaccounts.com/blog/2009/10/another-case-of-bank-discouraging-small.html

Southern Bank (MO) is another example, who inititated the famous phrase: "requires to use RCA as a primary checking account." 

FAB&T, RBM, Randolph, etc. all impose some lower limit on debit transactions.

 It is a fact of life, not something/sombody you know or not:-)

Thanks for the correction of CNB, Rosie.

Yes, we've seen various banks make threats or demands that RCAs be used as primary checking accounts.  But to go back to the original question, is there any actual evidence of a bank closing an account because of small transactions?

 

The answer is a definte "yes."  I would not disclose any further information due to privacy.  One can personally put it to test and find out:-)  I can assure you that it is not only threats or demands.