How to avoid bank fees - AmericaNowNews.com

How to avoid bank fees

It' has gotten tougher for banks to hit up customers with those big overdraft fees. This is good news and bad news, because now banks are adding new fees to try to make up for lost revenue.

They are adding maintenance fees, minimum balance fees, even "excess activity" fees. Those charges range from four bucks a month to more than twenty. Banks often bury those fees into the fine print that many customers never read.

So make sure you read all the mail your banks send you and if you don't understand something, call the local branch and ask someone to explain it to you.

Many banks will waive fees if you meet a minimum balance to if you use other bank services like direct deposit or paperless statements.

If you aren't happy with your bank check out local credit unions and online banks to see what they offer.

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