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Bank Fees

5 Pieces of Banking Wisdom to Ignore

Richard Barrington | Posted 04.24.2012 | Business
Richard Barrington

There are many useful rules in personal finance that can help you successfully manage your money. But it's also useful to know when those rules can be broken.

Bank of America Can Charge You This Much In Fees In One Day

The Huffington Post | Catherine New | Posted 02.23.2012 | Business

Bank of America can lift at least $140 in fees off a customer in one day if he or she doesn't have enough money in the bank. That is the high cost...

Government Considering Cracking Down On Overdraft Fees

Reuters | Posted 04.22.2012 | Business

By Dave Clarke WASHINGTON, Feb 21 (Reuters) - The new U.S. Consumer Financial Protection Bureau is weighing a crackdown on checking a...

Catherine New

Capital One Says It Won't Ruin ING Direct

HuffingtonPost.com | Catherine New | Posted 02.16.2012 | Business

Capital One said it won't change a thing for customers at much-beloved ING Direct, responding to consumer groups worried that its acquisition of the o...

GRAPHIC: Everything You Need To Know About Bank Fees

The Huffington Post | Posted 01.28.2012 | Business

Don't like keeping all of your money stuffed underneath the mattress? That could cost you a pretty penny. Banks collected $29.5 billion in overdra...

Catherine New

Overdraft Fees Reach A New High

HuffingtonPost.com | Catherine New | Posted 01.18.2012 | Business

The cost of not having enough money just got steeper. The median overdraft fee banks charge customers surged to $30 from $27.50 last year, accordi...

Catherine New

Suze Orman Defends Prepaid Card: 'Just Another Financial Tool'

HuffingtonPost.com | Catherine New | Posted 01.10.2012 | Business

If personal finance megastar Suze Orman built the perfect way to use money, what would it look like? On Monday consumers found out. Her new Approved c...

Catherine New

Banks May Get Creative With Fees In 2012

HuffingtonPost.com | Catherine New | Posted 12.29.2011 | Business

Squeezed by regulations under the Dodd-Frank financial reform law, banks are looking to find new ways to wring fees from customers. In 2012, expect to...

Growing Number Of Post50s Falling Victim To Financial Scams

Time | Posted 02.13.2014 | Fifty

Baby boomers are still looking out for their parents, even as they have fallen into the crosshairs of financial con artists themselves. It's a bona fi...

Janell Ross

Florida, California Take Cut Of Bank Fees On Unemployment Benefits

HuffingtonPost.com | Janell Ross | Posted 12.01.2011 | Business

When Derrick Johnson visits the ATM in his Florida town to tap his jobless benefits, he regularly pays fees to the companies that administer the state...

Bank Of New York Mellon Backs Off From Its Plans For Deposit Fee

Posted 11.26.2011 | Business

(JED HOROWITZ, Reuters) - Bank of New York Mellon Corp, which was derided for a plan to charge some of its large corporate and investment manageme...

Catherine New

How Banks Get You On Overdraft Fees [GRAPHIC]

HuffingtonPost.com | Catherine New | Posted 11.22.2011 | Business

Under pressure from regulators and lawyers, nearly all banks have stopped the predatory practice of reordering debit-card purchases to gouge customers...

Bank Lobbying On Track To Hit Record High This Year

Posted 11.21.2011 | Business

Big banks are on track to spend a record amount lobbying lawmakers this year. The five banks that spend the most on lobbying have boosted their lo...

EU Executive To Propose New Bank Fee Regulations

Posted 11.21.2011 | Business

The European Union's executive will propose new rules for bank fees after failing to persuade the industry to make its charges more transparent, a...

Not Just Debit Fees: The Other Ways U.S. Banks Cost Customers

The Huffington Post | Harry Bradford | Posted 11.14.2011 | Business

The era of the debit card fee may have come and gone, but plenty of bank charges remain. Indeed, with all the talk of debit fees, it's easy to for...

Chase Ending Test Of Checking Account With $10 Fee

AP | CANDICE CHOI | Posted 01.14.2012 | Business

NEW YORK — Chase is scrapping the test run of a checking account that charged customers a fixed $10 monthly fee. The trial in Oklahoma was a de...

Banks Still Boosting Fees -- Quietly

The Huffington Post | Jillian Berman | Posted 11.14.2011 | Business

Most banks may have backed away from the debit fee idea, but they're still nickle and diming customers in other ways. Banks such as Bank of Americ...

Are Bank Fees Too Complex? The Case for Fee Transparency

Tim Chen | Posted 01.11.2012 | Business
Tim Chen

Do your best to read every bit of bank paperwork that comes your way, and take responsibility for understanding your account terms. If you don't understand something, or don't like a new fee, don't wait to ask about it.

Tens Of Thousands Joined Credit Unions On Bank Transfer Day

The Huffington Post | Jillian Berman | Posted 01.09.2012 | Business

Tens of thousands of Americans joined credit unions on Saturday, as the Bank Transfer Day movement encouraged consumers to move their money out of big...

Walmart Benefiting From Americans' Frustration With Big Banks

Posted 01.08.2012 | Business

It's not just local non-profit credit unions that are benefiting from anger directed at big banks -- the world's largest retailer is also getting a bo...

Wells Fargo Opening Bank For The Super Rich

Posted 01.06.2012 | Chicago

Wells Fargo & Co.'s new bank for the super rich is set to open in Chicago, targeting households with $50 million or more to invest. Abbot Downing ...

More People Joined Credit Unions Since BofA's Debit Fee Controversy Than In All Of 2010: Survey

The Huffington Post | Jillian Berman | Posted 01.03.2012 | Business

More consumers flocked to credit unions last month than in all of 2010 combined, likely in part due to the controversy surrounding debit card fees. ...

BofA Customers Most Likely To Leave Their Bank

The Huffington Post | Jillian Berman | Posted 01.03.2012 | Business

Customers at Bank of America are more likely to leave the bank than customers of other big banks and credit unions, according to a recent poll. Ni...

Making Bank Transfer Day Work for You

Richard Barrington | Posted 01.02.2012 | Business
Richard Barrington

As a consumer you have the right to look for free checking accounts, and the highest interest rates on CDs, savings accounts and money market accounts. Don't limit your choices to credit unions.

Bank Closings Slow to a Steady Downpour

Richard Barrington | Posted 01.02.2012 | Business
Richard Barrington

The torrential pace of bank failures in 2009 and 2010 has eased, but in the first three quarters of 2011 the downpour has still been enough to give the banking system a pretty good soaking.