20 Ways You’re Throwing Money Away

Paying Checking Account Fees

What’s your bank’s policy on checking account fees? Some banks waive monthly fees for new customers during a promotional period, but will then charge as much as $10 or $12 per month if you don’t meet certain balance requirements.

Be aware of these terms and conditions so you can maintain a balance that won’t incur fees. If you can’t meet requirements, talk to a banker about switching over to a free checking account — or switch to a better bank.