Peoples Totally Free Checking Any discussion of checking accounts has to start with our non-interest bearing Totally Free Checking. There is no monthly minimum balance required, no monthly service fee, and no transaction fees. And, we even offer an introductory packet of checks complementary. Key Features:    The minimum opening deposit is $50.00.  We offer Visa debit card free.   We offer Online Banking free. Our Bill Pay has no monthly service charge or transaction fees. Our Telebanc 24-hour bank-by-phone service is free of charge. Other Bank Fees