3 Ways to Avoid Banking Fees
Since the enactment of financial regulations and consumer protections, banks have been scrambling to find new ways of charging fees to customers in an attempt to recoup the billions in lost revenue.
Banking
Find free checking, second chance checking, digital banks and high-interest savings accounts.
Opt Out of Debit Card Overdraft Fees
The Financial Times reported that banks stood to collect a record $38.5 billion in fees for customer overdrafts in 2009.
Banks are the new Airlines: 5 Bank Fees most Consumers do not know about
In response to financial regulations and consumer protections banks have introduced fees many consumers are unaware of and it may be costing you money unnecessarily.
Prepaid Cards fees may be the answer to banks lost revenue
Banks may have found a new golden goose in prepaid card fees as they are not regulated under the Dodd-Frank financial overhaul legislation.
Overdraft Fees for Debit and ATM transactions come to an end
Bank overdraft fees and the days of the $35.00 cup of coffee have ended under Regulation E…unless you choose to opt-in to have your bank approve debits.
Free checking may get harder to find without strings attached
Financial Reform was enacted to protect consumers but the result has caused some banks to make free checking more difficult to obtain.
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