Comerica Bank Comerica Platinum Circle Checking®

The Comerica Platinum Circle Checking Account features preferred rates, a dedicated service line, and higher withdrawal limits on your Comerica Debit or ATM card.

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With Comerica's Platinum Circle Checking® Account, you'll enjoy first-class benefits, including a dedicated service numbers, special rates and discounts on Comerica's financial products and services, a High-Yield Money Market Investment Account, free Comerica checks, higher ATM withdrawal limits, and more! While you need to have at least $50,000 in direct deposits in order to qualify for the account, added perks, and APY rates increasing over time might be worth it if you're looking for a decent interest-bearing checking account offer.

Checking account details

Checking account fees

  • Monthly Fee
    $0
  • APY
    0.10% / 0.25%
  • Minimum Deposit to Open
    $50
  • Out-of-Network ATM Transaction Fee
    $5.00
  • Out-of-Network ATM Withdrawal Fee
    $2.50
  • Overdraft Fee
    $26 - $38
  • Non-Sufficient Funds Fee
    $26 - $38
  • Foreign Transaction Fee
    3%

Comerica Bank Comerica Platinum Circle Checking® FAQ

1. How do I open a Comerica Platinum Circle Checking® Account?

To open a Comerica Platinum Circle Checking®, you will need to visit a local Comerica branch.

You'll be asked to provide your personal information, such as:

  • Your driver's License, state ID or passport that shows you are a U.S. resident aged 18+,
  • Your Social Security Number,
  • Your mobile phone number and email address,
  • Your current bank account and routing number if you want to fund your new account immediately.
2. Are there any restrictions when it comes to business balances and account ownership?

Since you can combine balances available in your personal and business deposit accounts to meet the average daily ledger balance requirement, you should keep in mind that your business balances will only qualify if you own those business accounts as a sole business owner, principle or partner. 

3. What happens if I don't maintain qualifying account balances in my Comerica Platinum Circle Checking®?

If you don't maintain qualifying account balances in your Comerica Platinum Circle Checking Account(s), you might get downgraded to the Rich Rewards® Checking Account, and thus, lose all Comerica Platinum Circle Checking benefits.

4. What is Comerica Web Banking®​?

Comerica Web Banking®​ allows you to access and manage your account anywhere, at any time. With Comerica Web Banking®​, you'll be able to, among others:

  • view recent transactions, transfers, bill pay, and other activities,
  • view, download, and print electronic monthly statements, available for up to 24 months,
  • view your Comerica Debit card transactions, and account history going up to 6 months behind,
  • set up one-time or recurring or future-dated transfers between your Comerica checking and savings accounts OR between your Comerica and your accounts at other U.S. financial institutions,
  • manage all things checks (view, print, request stop payments),
  • pay bills,
  • use tools, such as Zelle or Quicken®.
5. Why are Comerica overdraft fees and NSF fees variable?

The overdraft fees and NSF fees are set by Comerica based on the number of times you overdraw your account or are unable to cover an amount written on a check. The more frequently it happens, the more you'll pay. This is, relatively speaking, a good thing, as it should serve to keep you more vigilant, and responsible with your money. 

Whether it be overdraft fees or NSF fees, Comerica Bank will charge you $26 the first time, $34 the second, third, and fourth time, and $38 for the fifth or any following occurrence.

6. What is a High-Yield Money Market Investment Account (HY MMIA)?

A High-Yield Money Market Investment Account is Comerica's savings account available to Comerica Platinum Circle Checking® accountholders free of charge.

This account offers tiered interest rates, which are currently set as follows:

  • for balances between $1 - $49,999 => 0.10%,
  • for balances of $50,000 & over => 0.20%.

If you open a High-Yield Money Market Investment Account, you'll also be able to write up to 6 free checks per month.

7. What is a Statement Savings?

A Statement Savings is another Comerica's savings account offered to Comerica Platinum Circle Checking® accountholders at no additional cost.

Just like Comerica High-Yield Money Market Investment Account, Statement Savings also gives you 24-hour access to Comerica's ATM network, and 6 free check writings per month.

8. What is a certificate of deposit?

A certificate of deposit is a savings account where money is held for a certain period of time, and payable at maturity, a date when the life of your financial product ends, and when you can take money out of your account without penalties. Usually, penalty fees are applied for early withdrawals, which could reduce earnings on CDs.

Comerica offers fixed-rate certificates of deposit, meaning these have set interest rates applied during the entire agreed term. Whether it be one year or longer, a minimum opening deposit of $1,000 is required. Depending on the amount kept in your balance, and the number of days elapsed, an APY applies, which is, of course, higher over time.

9. How do I check my Comerica balance?

You can check your Comerica Platinum Circle Checking® account balance using Comerica's Mobile Banking App. It is available for iPhone®, iPad®, AndroidTM, and Android TabletTM devices, including mobile web browsers. The app also allows you to view your balance without logging in using Quick Balance.

Your account balance information is also available via Comerica Web Banking®​, which allows you to bank 24/7 at your convenience.

10. How do I activate my Comerica debit card?

To activate your Comerica debit card, and select or change your PIN, you need to call 844.253.3042 or 646.817.9542if you're outside the U.S.

Check out other Comerica Bank checking account offers
Bank Monthly Service Charge Minimum Deposit to Open APY
Comerica Bank Access Checking Account $13 (can be waived / reduced) $50 0.00%
Comerica Bank Rich Rewards® Checking Account $18 (can be waived / reduced) $50 0.01%
Comerica Bank Premier Checking Account $22 $50 0.01%
These Checking accounts might also interest you
Bank Monthly Service Charge Minimum Deposit to Open APY
Comerica Bank Rich Rewards® Checking Account $18 (can be waived / reduced) $50 0.01%
Comerica Bank Premier Checking Account $22 $50 0.01%
Comerica Bank Comerica Platinum Circle Checking® $0 $50 0.10% / 0.25%