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Bank Fees Are For Suckers
- Today, although they are harder to find, there are banks out there
that will provide you your banking services with no checking fees or
minimum account balances. Generally, if you use a savings account,
as opposed to a checking account, and use a debit card to pay for transactions,
you will not be charged banking fees if you stay under a required number
of transactions each month. Most banks do not charge for deposits,
so these can be unlimited, but for withdraws some banks charge heavily...the
trick is to find what you need at no charge. If you are a heavy user
the other option is to purchase a full service package at an agreed
upon fee and then all transactions at that bank are included whether
checks, money orders, transfers, etc.
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