Fees can mean big profits for many financial institutions, so it’s no surprise that many banks nickel and dime customers with a range of fees, which can eat away at your account balance. When you’re selecting a bank, look for banks that don’t charge fees, or at least be aware of what actions trigger fees so you can avoid them. Learn how to avoid common bank fees.
Even a big bank or credit union with no fees on its checking or savings accounts might have charges on a fee schedule that catch you off guard. Here is a list of bank fees you should never pay!