Most banks charge fees for various services such as a monthly service fee for maintaining your account. Fees are a huge part of how banks generate revenue. While most people are aware of ATM and monthly service fees, there are other fees you might not be familiar with. If you're not careful, you could wind up paying for it. That's why it's always a good idea to familiarize yourself with your account's fees and bank's policies.
Here are some common bank fees you might see on your monthly statement:
Ways to avoid bank fees
More often than not, bank fees are non-negotiable. However, there are steps you can take to eliminate, or decrease, the amount of fees you might incur.
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