It used to be a great bank, especially with low charge on international transactions, great interest on checking and refund on ATM(since it does not own any ATM). However, in the past year they increased minimum balance to avoid fee to $800 and to $5000 to allow rebate of $6/month ATM fee. I believe this is too much for a bank that does not own ATM, so I had to switch to another Internet bank (Internet checking with $10 minimum balance and $10 ATM fee rebates per month. I won't provide name to avoid reference to competitors, but you can do your own search and find much much better deals than Everbank offers)