'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?
  • Finance

    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>>

  • Fugitive Friday: Central Virginia's Most Wanted

    Fugitive Friday: Central Virginia's Most Wanted

    Friday, August 15 2014 12:22 PM EDT2014-08-15 16:22:58 GMT
    Fugitive Fridays tracks down Central Virginia's most wanted. Take a look at the photos and see if you can help police track down these suspects.
    Fugitive Friday helps track down Central Virginia's Most Wanted.
  • Physicians warn against giving melatonin to children

    Physicians warn against giving melatonin to children

    Parents desperate to get their troubled sleepers to bed are turning to synthetic melatonin, which is a supplement sold over the counter. But expert warn it could have adverse effects on child development.
    Many adults turn to sleep aids like melatonin, but now more parents are giving them to their kids, too. We talked to physicians to see what they had to say about how it could affect your child's development.
  • 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.
Powered by WorldNow