Consumer Confidential: How to Avoid the Fees That Bring Billions in Revenue to Big Banks

To hear big banks tell it, this is a great time to be a bank customer. Most Americans — 61 percent — pay no monthly fees for things like checking accounts and use of automated teller machines, according to a recent survey by the American Bankers Association. “We’ve seen tremendous innovations to bank services over the last decade that have allowed our customers to bank in the way that is most convenient for them and at little or no...

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