'Don't Ask, Don't Tell' bank fees - AmericaNowNews.com

'Don't Ask, Don't Tell' bank fees

  • 'Don't Ask, Don't Tell' bank feesMore>>

  • Overdraft protection plans

    Overdraft protection plans

    New federal rules have bank customers choosing to either opt in or opt out of overdraft protection plans.
  • Finance

    Five calls that will save you cash

    A few phone calls could save you money

    When times are tough and money is tight, many people find it difficult to pay basic bills in full every month. But did you know a simple conversation could dial up some relief?
    When times are tough and money is tight, many people find it difficult to pay basic bills in full every month. But did you know a simple conversation could dial up some relief?
  • Warning about a bank insurance scam

    Warning about a bank insurance scam

    There is a warning for all you online banking customers: Crooks are offering free fraud protection insurance. The hope is that your guard is down and you accept the phony offers.
    There is a warning for all you online banking customers: Crooks are offering free fraud protection insurance. The hope is that your guard is down and you accept the phony offers.

Thanks to fairly decent Federal regulations, and some really bad press, banks are, for the most part, doing a better job of disclosing their fees.

However, the U.S. Public Interest Research Group (PIRG) told consumer resource Bottom Line Secrets these are a few fees you better bring up with your bank. Because if you don't, your bank's not telling:    

* DORMANCY FEES. Yes, some banks actually charge you to keep an inactive account open.

* ACCOUNT CLOSING FEES. This one snares college students who are attending a school for just a semester or two. They don't know that their banks may levy penalties on accounts closed six months to a year after they're opened. Students finish their limited time, close the account -- boom! Nice fee, there!

* TELLER & PHONE FEES. Fees simply for talking to a teller or for calling the bank's automated system. These fees are rare, but pay close attention to your bank statements.

* PIN FEES. Some banks will even levy a fee every time you punch your personal identification number in a debit card purchase.

Your best defense against these fees: A truth in savings disclosure. Banks must give their customers this disclosure when requested. It should spell out each and every fee.

Ask your bank for the disclosure. Demand it. Find out what your bank might not be telling you.

Copyright 2013 America Now. All rights reserved.

  • Most Popular StoriesMost Popular StoriesMore>>

  • News on the Road starts in Tifton

    News on the Road starts in Tifton

    Friday, April 18 2014 12:01 PM EDT2014-04-18 16:01:36 GMT
    WALB News 10 is hitting the road for our 60th anniversary. You might remember this photo from 2004. Yolanda, Dawn, and Ben having fun with the Ladies of the Red Hat Society in Tifton for WALB's 50th
    WALB News 10 is on the road for our 60th anniversary. We hope you'll come out to see Yolanda, Ben and Tara Herrschaft and don't forget to take your smart phones.
  • Six deadly foods for dogs

    Six deadly foods for dogs

    Every pet owner knows a dog can get into just about anything around the house. One woman found that out the hard way when her dog ate a bunch of grapes! Turns out, that's one of the most dangerous foods
    Every pet owner knows a dog can get into just about anything around the house. But these common snacks could be fatal for Fido.
  • Good for you no bake cookies

    Good for you no bake cookies

    Love the taste of cookies but hate the calories wellness expert Peggy Hall has the magic recipe.
    Love the taste of cookies but hate the calories wellness expert Peggy Hall has the magic recipe.
Powered by WorldNow