New bank charges
New bank charges! It's always a good idea to stay informed about any changes to your bank's fees and charges. Here are some common new bank charges you might want to be aware of:
- Overdraft fees: Many banks are introducing or increasing overdraft fees, which can range from $10 to $35 or more per day.
- Minimum balance fees: Some banks are introducing minimum balance fees, which can range from $5 to $20 per month, if your account balance falls below a certain threshold.
- Monthly maintenance fees: Some banks are increasing or introducing monthly maintenance fees, which can range from $5 to $30 per month, for accounts that don't meet certain requirements, such as direct deposit or a minimum balance.
- ATM fees: Some banks are increasing or introducing ATM fees, which can range from $2 to $5 per transaction, for using out-of-network ATMs.
- Wire transfer fees: Some banks are increasing or introducing wire transfer fees, which can range from $10 to $30 per transaction, for sending or receiving international wire transfers.
- Paper statement fees: Some banks are introducing fees for paper statements, which can range from $1 to $5 per month.
- Mobile banking fees: Some banks are introducing fees for mobile banking services, such as mobile deposit or mobile bill pay, which can range from $0.50 to $2 per transaction.
- Account closure fees: Some banks are introducing fees for closing accounts, which can range from $25 to $50.
- NSF (Non-Sufficient Funds) fees: Some banks are increasing or introducing NSF fees, which can range from $20 to $40 per transaction, for overdrafts or returned checks.
- Card replacement fees: Some banks are introducing fees for replacing lost or stolen cards, which can range from $5 to $20.
It's essential to review your bank's fee schedule regularly to stay informed about any changes. You can usually find this information on your bank's website or by contacting their customer service.
Remember to always check your account statements and bank notifications to stay aware of any new charges or fees. If you're unhappy with a new fee, you can always consider switching to a different bank or negotiating with your current bank to waive the fee.