RFID (radio frequency identification) RFID (radio frequency identification) is a technology that incorporates the use of electromagnetic or electrostatic coupling in the radio frequency (RF) portion of the electromagnetic spectrum to uniquely identify an object, animal, or person.
The only ways to avoid this fee are to either meet Chase's $1,500 daily minimum balance requirement, have a regular monthly direct deposit of more than $500, or hold a daily average of $5,000 or more in your account.
Also, just a bit of advice for the ones that do not have direct deposit and/or can't financially maintain $1500 daily balance per month to avoid Chase's $12 monthly maintenance fee, I would suggest you find a local bank or credit union that typically has a free checking account with no minimum balance.