For a couple years now, I’ve had multiple accounts with Chase that I use to set aside cash for Gas/Groceries/Rent, etc. These accounts sit close to $0 regularly and I refill them as needed. It’s worked great for me, however-

I was going to set up a new account and I discovered that there is a monthly service fee. I double checked my statements because I don’t remember seeing one at any point, and it turns out my accounts are fee-free for ages 17-24.

Luckily, I saw this now as I turn 25 this month.

An acquaintance mentioned Ally bank allowing you to do the same thing under a single account, separating into up to 25 “buckets”. I’m not sure if I should pull the trigger on that, or if there are any other options I should be aware of (not using actual envelopes lol)

I really enjoy working with Chase, but sometimes they’re just too expensive for what I need.…