A limit on the amount you must keep on deposit in order to earn interest or avoid a service charge is an example of a (an):

Question

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The statement describes a restriction on a deposit account, which is a common practice among financial institutions to encourage customer behavior that is profitable for the bank while minimizing the risk of overdrafts or account closures. The other options do not fit the given scenario, as holding periods refer to the period during which an investment is unavailable for withdrawal, overdraft fees apply when an account holder spends more than the available balance, share drafts are similar to checks, and certified deposit fees are related to the cost of verifying a deposit's authenticity.

A Limit on the Amount You Must Keep on Deposit