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Tips In Dealing With Changes At The Banks

Tuesday, March 1, 2011 - 7:36 PM
One of the changes mentioned in this US News article is more annoyance fees:
More annoyance fees. Banks are still allowed to charge fees for a mind-boggling number of things, such as: using another bank's ATM, [...], an excessive number of transactions, writing too many checks, using the teller window too often, talking to a live customer-service agent on the phone, transferring money, ...

One fee not mentioned that often hits savers is the account inactivity fee. I've actually been hit by this fee more at credit unions than at banks. The tip in the article for minimizing the effect of these new fees is to ask your bank for the full "fee schedule".
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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