Maintenance fees are charges that some banks impose on accounts, typically on a monthly basis. At Contoso, understanding these fees and how to avoid them can help you save money and maximize your account's benefits. Maintenance fees may apply to certain checking or savings accounts if specific conditions are not met, such as maintaining a minimum balance or completing a certain number of transactions each month. To avoid these fees, consider opting for an account that has no maintenance fees or one that waives the fees based on your account activity. Another strategy is to regularly monitor your account balance to ensure it stays above the required minimum. You can also set up direct deposits, which may help meet any activity requirements to avoid fees. If you are currently incurring maintenance fees and would like to explore alternative account options, our customer service representatives can assist you in finding a more suitable account type that aligns with your financial needs.