Business Bank Account

[Jeffrey Evans]

I have a Business account with bank of America.  I recently closed on a small investment property in KY.  I wanted to keep all my income and expensive for this property in this 1 account.  Since the account and the property are new to me I do not have very much capital in the account.   BofA charges 16$ a month if I have less then 5k in the account.  Is it a bad idea to put some money in the account from my personal account to meet the 5k minimum and then move the money back to my personal account once the income from the property builds the account up enough?  Or should I just eat the 16$ a month to not inter mingle my personal/business money?

thanks so much

[Cheryl Moore]

I agree with Taylor. Look for another bank. My account is at Chase. 2k balance to avoid 15.00 a month fee and if you have a Chase unlimited credit card those purchases made with that card qualify toward to 2K