Fee #4: Bounced check fees
Photo by Betsssssy — Slide 4 of 5
Many banks are charging people more when they bounce a check; the average is now $30.83 per bounce.
The simple advice: Don’t bounce checks. But if that worked, no one would be paying such fees in the first place. Still, you might be able to do a better job tracking your spending to avoid such charges.
If you’re doing your best and still worry you might keep racking up bounced check fees, consider switching to a credit union or local bank where the fees aren’t as high.
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