MAINTENANCE FEE* Charge (What It Is + Is It Legit?)
✓ LegitimateThe "MAINTENANCE FEE*" charge is from Bank Maintenance Fee. Monthly bank account maintenance fee.
Bank Maintenance Fee
Monthly bank account maintenance fee.
Category
Banking
Avg. Charge
$12.00
Country
US
Billing Cycle
Monthly
Cancel At
N/A
Support
See website
Why does this charge appear?
When banks apply a monthly account maintenance fee, the billing system often truncates the full description to a shortened code like MAINTENANCE FEE* on your statement, with the asterisk indicating it is a recurring automated charge tied to your account agreement. Financial institutions in the US commonly use internal processing shortcodes rather than displaying the full label "Bank Maintenance Fee" because core banking platforms have strict character limits for transaction descriptors. If you see MAINTENANCE FEE* on your statement, it almost certainly reflects the standard $12.00 monthly charge your bank applies to maintain your checking or savings account.
What should you do?
Check your Bank Maintenance Fee account to verify your subscription.
Make sure the charge is not from a family member or shared account holder.
If you want to cancel, visit Bank Maintenance Fee's website to manage your subscription.
Still don't recognize it? Contact your bank to dispute the charge.
Is this charge fraudulent?
No, this is a legitimate charge from Bank Maintenance Fee. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.
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