Personal Finance

5 Annoying Bank Fees, and How to Beat Them

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Fee #1: Debit card fees

Photo by Images of Money — Slide 1 of 5

In addition to Bank of America’s big announcement, Chase and Wells Fargo have been experimenting with charging customers monthly fees to access their own money. One way to avoid this fee: Stop using your debit card for purchases. Use your credit card instead, as long as you can afford to pay your balance at the end of the month. Most banks also have gotten rid of rewards programs associated with debit cards, so using your credit card also could help you return to earning points for your purchases.

Also, maybe now is the time to switch back to good old cash?

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