I’ve had this Capital One account for over a year and always run to the bank a day or two before the end of the month to transfer funds into it to bring the balance over $2,000 to avoid the $2,000 minimum balance fee.
This past month I see a check cleared on the 30th I didn’t account for and the balance dropped to $1,800. The service charge wasn’t issued so I assume my 30 or 90 day average was still over $2,000, but there is no way to view the running average daily balance at any one time.
Is there some other way of calculating it besides adding up the end of day balances for 30 or 90 days and dividing by 30 or 90? I mean, does it show anywhere on my online banking page, or is it just an internal data point? And can I just transfer $31,000 into the account for one day to cover all the other days of the month when my balance might be $1,000?
i.e. one day at $31,000 + 29 days at $1,000 = $60,000 divided by 30 days = $2,000 average per day.