The new fee for Citibank account holders will be $2 more at $10 per month. Customers will be able to waive the fee if they maintain a balance of $1,500 or if they sign up for direct deposit and online bill pay.
Currently, the monthly charge is waved if customers make at least five transactions of any type each month.
The bank will no longer give reward points for debit card purchases.
The changes take effect in December.