Reported 1 day ago
Bank fees can significantly strain personal budgets, with average overdraft fees slightly declining but ATM fees reaching a new high. Consumers should evaluate their current banking arrangements to avoid unnecessary costs—considering online banks, credit unions, or neobanks, which generally offer lower fees. It's essential to understand the fee structures and actively monitor accounts to minimize charges, as many traditional banks still impose substantial fees despite some consumers being unaware of alternatives. Regularly reviewing and comparing banking options can lead to savings and better financial health.
Source: YAHOO