iOS app Android app

Bank Fees

Catherine New

Wells Fargo Messed With The Wrong Guy | Catherine New | Posted 07.26.2012 | Money

Wells Fargo pissed off the wrong customer. Earlier this week, Richard X. 'Dick' Bove, a well-known banking analyst, blasted the bank in a research ...

Bank Pays For Forcing Consumers To Pay Higher Fees

Reuters | Posted 09.23.2012 | Money

* Bank accused of boosting minimum payments on card balances * Cardholders: Higher minimum meant to generate more fees *...

Catherine New

What New Bank Disclosures Don't Tell You | Catherine New | Posted 07.23.2012 | Money

If you want to know how to close your bank account, you'll still have to wade through dozens of pages of the traditional account information form. Tha...

Small Print Now Easier To Read At Wells Fargo

The Huffington Post | Catherine New | Posted 07.02.2012 | Money

Bank fees are still costly -- and going up at many banks. Yet a growing number of big banks are using clearer labeling to help consumers to add up the...

Catherine New

Americans Love Convenience More Than They Hate Bank Fees | Catherine New | Posted 06.21.2012 | Money

Have you ever paid slightly more in ATM fees just because you were too lazy to cross the street to visit a bank with cheaper rates? You're not alone. ...

33 Ways To Avoid Annoying Fees

Kiplinger | Posted 06.18.2012 | Money

In our monthly survey of Kiplinger's readers, we asked which fees were the most bothersome. You told us that travel fees bug you the most, followed by...

These Banks Hide The Most (And Least) Fees

24/7 Wall St. | Samuel Weigley | Posted 06.13.2012 | Business

From 24/7 Wall St.: As new regulations have eaten into their profits, banks have looked for new ways to increase revenue from their customers. Many ba...

Five Ways JPMorgan's Troubles May Affect You

Richard Barrington | Posted 08.11.2012 | Money
Richard Barrington

The average customer has more to lose than to gain from the high-stakes world of bank investing. That's why rules to separate such speculative activity from traditional banking operations would benefit customers who depend on bread-and-butter products like checking and savings accounts.

Catherine New

Bank To Charge Most Expensive Overdraft Fee Yet | Catherine New | Posted 06.08.2012 | Money

Fifth Third will have some of the most expensive overdraft fees of any big bank starting later this month. The Cincinnati-based bank has confirmed...

Catherine New

SunTrust Customers Can Expect Higher Fees | Catherine New | Posted 06.06.2012 | Money

Starting this summer, some of SunTrust's least wealthy customers will have to pay higher fees on everything from ATM withdrawals to checking accounts,...

Loren Berlin

Higher One, Student Financial Aid Company, Under Fire For Charging Students Excessive Fees | Loren Berlin | Posted 05.23.2012 | Business

As student loan debt soars, so do profits at a little-known company that manages students' financial aid disbursements for some of the nation's larges...

Sorry, No More Free Checking Accounts At This Bank

The Huffington Post | Catherine New | Posted 05.21.2012 | Money

Free checking at Wells Fargo is officially over. Effective August 7, all Essential Checking customers will pay a $7 monthly service fee. Until rec...

The Latest Bank To Raise Fees

The Huffington Post | Catherine New | Posted 05.17.2012 | Money

Another bank is raising fees. U.S. Bank is bumping up overdraft fees for all its accounts beginning June 29, the Minneapolis-based bank confirmed o...

Bank Accused Of Profiting Off Customer Math Errors

The Huffington Post | Harry Bradford | Posted 05.09.2012 | Business

Amidst debate over how much banks value clients, one among them stands accused of purposefully profiting off the math errors of its own customers. ...

Chase Going After The Poor With New Card

The Huffington Post | Catherine New | Posted 05.10.2012 | Money

JPMorgan Chase wants it all, catering to everyone from the richest customers who provide hefty returns on deposits to the poorest who are willing to p...

Read This Before Joining A Credit Union

The Huffington Post | Khadeeja Safdar | Posted 05.10.2012 | Money

Credit unions have seen a rise in membership as big banks have come under scrutiny for their never-ending profit-making measures. While the Occupy...

Catherine New

This Man Has Not Had A Bank Account In 14 Years | Catherine New | Posted 05.07.2012 | Money

Josh Crawford, 42, of Squaw Valley, Calif., has not had a checking account or credit card in 14 years. But that has not stopped him from participating...

Watchdog Probing Whether Overdraft Programs Go Far Enough

Posted 04.20.2012 | Business

The top consumer watchdog is scrutinizing big banks to see if their overdraft protection policies are doing enough to keep Americans from unwittingly ...

How To Bank For Free

The Huffington Post | Catherine New | Posted 03.28.2012 | Money

Despite an uptick in the number of big banks charging fees for low-balance checking accounts, free checking accounts are not dead--yet. A new tool...

This Bank Is Doubling Its Monthly Checking Fee

Posted 03.20.2012 | Money

A checking account at Citizens Bank will now cost you double, as the bank joins the ranks of Wells Fargo and a slew of other financial institutions th...

Digging Below the Surface of Membership Growth at Credit Unions

Bill Cheney | Posted 05.14.2012 | Money
Bill Cheney

More than 1.3 million people joined credit unions in 2011. The gain is strong evidence that consumers are fed up with high bank fees and are leaving in large numbers for credit unions. But when you dig a bit deeper into the numbers, the results are even more significant.

It Turns Out 2011 Was A Pretty Great Year For Banks

The Huffington Post | Alexander Eichler | Posted 03.08.2012 | Business

By almost any measure, 2011 was a rocky year -- high unemployment, volatile markets, rising poverty, protests in the streets. Thankfully, the banks ma...

Goldman Tops Wall Street In Investment Banking Fees

D.M. Levine | Posted 03.14.2012 | Business

Goldman Sachs' investment advisory practices seem to be paying off despite recent controversies about the firm. This week, Bloomberg released its l...

Catherine New

He Fought Bank Fees And Won | Catherine New | Posted 03.05.2012 | Money

It was the train ticket to bank-fee hell. Three days after Taylor McKinley, 27, closed his checking account at Fifth Third Bank, an automatic $10 ...

Big Banks Fee-Grab, While This Other Business Booms

The Huffington Post | Catherine New | Posted 03.02.2012 | Money

Credit unions are booming as big banks take increasingly desperate measures to make money off of consumers. Membership in credit unions more than ...