Seven Ways To Avoid High Bank Fees
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Bounced checks
Insufficient funds, bounced checks, overdraft鈥o matter the term, this fee is among the highest consumers pay, an average of $28.95 per item, according to BankRate. The simple way to avoid this: keep constant watch on your spending and account balance. With 24/7 online access for most bank accounts, this should be pretty easy, BankRate says. Every once in a blue moon, a customer may be able to get the fee reversed but if bouncing checks is a habit, that's not a possibility.
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