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Bank Fees

Credit Unions: Still the Best Bet for Consumers

Fred R. Becker, Jr. | Posted 12.12.2012 | Money
Fred R. Becker, Jr.

What are some of the other advantages of credit unions? People before profits. At credit unions, members are owners and have a say in how it is operated. The "profits" go to members in the form of lower fees and better rates.

How To Avoid Getting Ripped Off At The ATM

NPR | Jess Jiang | Posted 10.10.2012 | Money

I was at the ATM last week, when I saw a technician checking on the machines. He told me he checks all the machines from 6pm to 9pm everyday, looking ...

Catherine New

Battle of the Bigs: Walmart Challenges Chase For Your Money

HuffingtonPost.com | Catherine New | Posted 10.09.2012 | Money

Big box retailer Walmart is taking on big bank retailers like Chase to nab a profitable demographic: low-income customers who are likely to incur tran...

The Most Costly Banking Mistake You Can Make

Credit.com | Posted 11.27.2012 | Money
Credit.com

With consumers expressing confusion over their banks' fee structures and banks ordering transactions in such a way as to maximize their collection of such fees, people continue to get hit with the mother of all fees.

Bank Branches Continue To Vanish

The Huffington Post | Catherine New | Posted 09.12.2012 | Money

Banks are squeezing out customers with higher costs and fewer locations. Several large midwestern banks are scaling down the number of branches the...

Back to College: Campus Debit Card Dangers

Rich Williams | Posted 11.06.2012 | College
Rich Williams

As students head back to school, over 9 million are at risk for increased educational debt, due to bank-affiliated campus debit cards that come with high fees, insufficient consumer protections, and few options.

Catherine New

Bank Of America's Fees Now Easier To Read

HuffingtonPost.com | Catherine New | Posted 08.30.2012 | Money

Bank fees are definitely not going away, but at least they are increasingly easier to find. The number of banks using simplified disclosure forms to o...

10 Things You Should Never Pay For

The Huffington Post | Alicia Ciccone | Posted 08.23.2012 | Money

Is the era of free stuff coming to an end? Many signs would point to yes. Banks continue to slap on fees for what most considered entitled service...

Prepaids Aren't Just For The Poor...

SmartMoney | CHARLES PASSY | Posted 08.22.2012 | Money

SmartMoney: Is the prepaid debit card moving upmarket? In recent months, major financial institutions such as American Express and J.P. Morgan C...

Bank Fees Survey Mid-2012: Checking and ATM Costs Jump Again

Richard Barrington | Posted 10.20.2012 | Money
Richard Barrington

Nearly any way you slice it, checking accounts became a little more expensive in the first half of 2012. However, the results also indicate that consumers still have several options for combating these costs.

The $850 Fee Banks Don't Want You To Know About

The Huffington Post | Catherine New | Posted 08.14.2012 | Money

Checking accounts just keep on getting more expensive. Fees on everything from ATMs withdrawals to monthly maintenance and overdrafts have risen in...

5 Facts You Should Know About Credit Card Fees

The Street | Posted 10.13.2012 | Money

Federal Reserve rules limit the penalty fees that credit cards charge. The rules, which stem from the Credit CARD Act signed into law in May 2009, wer...

Bank Of America Just Lost A $170 Million Customer

The Huffington Post | Alexander Eichler | Posted 08.09.2012 | Business

Bank of America may have millions of customers, but the government of Brockton, Mass., is no longer one of them. Brockton is divesting its municipa...

Your iPhone Is Now A Bank of America Branch... Sort Of

The Huffington Post | Catherine New | Posted 08.09.2012 | Money

It may be harder to get cash from Bank of America as its ATM network shrinks, but starting this week it'll be easier for customers to give the bank th...

Catherine New

Prepaid Cards Have A Short, Expensive Life

HuffingtonPost.com | Catherine New | Posted 08.09.2012 | Money

Short-lived and high-priced. Such is the life cycle of a prepaid card. Consumers only use a card for six months on average before moving on to anot...

Catherine New

Credit Unions Can Thank WaMu For Kicking Off Bank Exodus

HuffingtonPost.com | Catherine New | Posted 08.02.2012 | Money

Long before Occupy Wall Street protesters were doling out Big Bank Haterade, Main Street customers were steadily moving their money out of banks and i...

Catherine New

Wells Fargo Messed With The Wrong Guy

HuffingtonPost.com | 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

HuffingtonPost.com | 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...

Company Fined For Milking Money From Already Broke Students

AP | DANIEL WAGNER | Posted 09.19.2012 | Money

WASHINGTON — Higher One Holdings Inc. is preparing to pay a fine to federal regulators investigating fees the company charged to college student...

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...

Bank Fined For Overcharging Customers

AP | The Associated Press | Posted 06.22.2012 | Money

NEW YORK -- A financial regulator has fined Merrill Lynch $2.8 million for overcharging customers with fees and for failing to provide timely trade co...

Catherine New

Americans Love Convenience More Than They Hate Bank Fees

HuffingtonPost.com | 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...