Bank charges are down 14 May 2015

There has been a big cut in bank charges. A bank client paid over $70 a month last year merely to deposit and withdraw money. That amount excluded cheque fees. One day he found out from a teller he could have as many of these transactions as he wanted for just $5 a month.

This led him to check all his accounts. He found a personal account was costing $5 a transaction because the bank was paying a tiny amount of interest. Have you reviewed your bank charges recently? You might be paying for an overdraft service fee you never use.

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