How Do You Pay Less In Bank Fees?
Bank fees are an easy way to waste your money. If you aren’t careful, all those ATM withdrawals and transfers from your savings account can really hurt your funds at the end of the month. There are lots of easy ways to pay less in bank fees. Use ATM’s that are in your bank’s network. Most banks will charge a few dollars every time you use an unauthorized ATM. You should only use these generic ATM’s in an emergency situation. Check your checking-account balance before you write a check. Remember that it will take a few days for the check to post to your account, so be sure to leave enough money to cover it. You will have to pay lots of bank fees if you bounce a check. Sign up for direct deposit of your paycheck. Most banks will let you pay less in fees if they don’t have to process the paper version of your paycheck each week. The benefits of direct deposit vary from bank to bank, but free checking is a common one. Ask whether you have to keep a minimum balance in your savings account.
