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.
1 In the U.S., you'll usually need your Social Security number.  You'll need to have at least the minimum amount of money for opening account. This can vary based on the bank and account you choose. For example, a basic Bank of America savings account requires a minimum deposit of $300.