Wednesday, April 24, 2024

Credit Card and Debt Statistics Database
by Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.

Online Account Fees
The average monthly service fee for interest-bearing Web accounts is $4.13, compared with $10.43 in the brick-and-mortar world. It should be noted it's much easier to avoid that charge too. Consumers need only $550 on average in an online interest-paying account to dodge fees. Offline banks require more than $2,200. Non-sufficient funds, or NSF, fees are also slightly lower on average among online banks -- $22.51 vs. $23.87.
        Categories:  Finances,Online Banking vs. Offline Banking
        Reporting Pub:  www.bankrate.com
        Reporting Date:  10/2/2001
        Article Title:  Online vs. offline checking accounts
        Article Author:  Michael D. Larson
        Pub's Source: 
        Source URL:  View details from source
 

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