Bank Accounts Are Changing.: What You Need to Know

Bank Accounts Are Changing.: What You Need to Know

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by Federal Deposit Insurance Corporation
     
 
New rules limit the fees banks and other financial institutions can charge on some services, so it’s possible that the costs of other services could go up. In the Spring 2010 issue of FDIC Consumer News, we discussed how to avoid potential interest rate and fee increases for credit cards. And here, with expectations that banks will be adding new fees or

Overview

New rules limit the fees banks and other financial institutions can charge on some services, so it’s possible that the costs of other services could go up. In the Spring 2010 issue of FDIC Consumer News, we discussed how to avoid potential interest rate and fee increases for credit cards. And here, with expectations that banks will be adding new fees or requirements on bank accounts — such as by discontinuing or limiting free checking services — we focus on ways that careful consumers can avoid unnecessary costs on their deposit accounts.
Because it’s hard to predict how banks will change their fees and policies for checking and savings accounts, what follows are basic strategies to keep costs down, many of which we have provided in the past but are especially worth revisiting now.

Product Details

ISBN-13:
9781612211282
Publisher:
Federal Deposit Insurance Corporation
Publication date:
08/01/2012
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
8
Sales rank:
731,078
File size:
726 KB

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Bank Accounts Are Changing.: What You Need to Know 4 out of 5 based on 0 ratings. 1 reviews.
Redeemed-by-Grace More than 1 year ago
Very helpful.