Free Checking Accounts Become Rare as Banks Raise Fees

Thursday, October 18th, 2012

The survey revealed that the checking accounts monthly service fee is as high as $5.48 on an average, an increase of 25% from the year ago period. Similarly the average fee of ATM operators to their non-customers climbed 4% to reach a record high of $2.50. The survey suggested that customers might be losing their patience. About 72% of the prospects surveyed were thinking of changing their banks if they …

October 18th, 2012


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