Tuesday, November 30, 2021

8 Ways to Avoid Bank Fees

by Scott Bilker
Scott Bilker Scott Bilker is the founder of and author of the best-selling books, Talk Your Way Out of Credit Card DebtCredit Card and Debt Management, and How to be more Credit Card and Debt Smart. Receive the 5-Year Loan Spreadsheet when you subscribe to his email newsletter.

I found this great article in the AARP Newsletter.

In addition to death and taxes, consider that third certainty of life: bank fees. Although some have been in place for years, many have quietly been imposed in recent months.

Lost your ATM card? You may have to pay up to $20 for a rush replacement.

Want a paper statement? At some banks, you have to pay a couple of bucks each month.

Making a deposit via your smartphone? Need to talk to a teller? Cashing in coins? Getting copies of checks? There are fees for each.

And free checking? Fewer than half of all banks now offer it on non-interest bearing accounts, down from three-quarters in 2009. You’ve got to pay fees that may reach into the double digits each month.

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