Fight Against Fees Your Bank Can Impose
If you think monthly checking account charges are bad, how would you like to pay an annual fee for the privilege of holding your bank’s credit card? Consumers have grown accustomed to credit cards with no annual fees, but those fees may be making a comeback. If you are unsure if your credit card carries a charge be sure to ask – before that charge comes along.
What You Can Do
The good news is that there are still plenty of credit cards out there that do not come with an annual fee attached. If your credit score is high and your credit profile looks good you should have no problems landing one.
Account Closing Fees
If you have finally had enough of the insidious fees banks are charging these days, your bank may have one final surprise in store for you. Some banks have quietly begun to impose account closing fees, charging their customers for the privilege of walking away and heading for the bank down the street.
What You Can Do
Consumers may not have as much leverage against this charge, but it never hurts to try. Sometimes the bank will relent on this charge, especially if you have been a long term customer or still hold other accounts with the same institution.