Sunday, February 7, 2016

Reader feels fee'd to death by bank


DEAR HARRY: My bank is "feeing" me to death. I have overdraft fees, ATM fees, checking fees, maintenance fees and I don't remember what else. I spoke with a friend today who pays zero fees. He told me that they once charged him an "under-minimum-balance fee" but waived it when he protested that it never happened before.

Isn't there some way I can join his club and be free of these confounded fees? Last year they were more than $300. I sure can use that money. It will help get my credit-card balances in check.

WHAT HARRY SAYS: You can always go to another bank or to a credit union. There's just no sense in making your bank richer with those charges.

In the meantime, here are a few things you can do. Use your own bank's ATMs or a fee-free network ATM. End those overdraft fees by keeping track of your balance. Checking-fee charges can be reduced by going for more direct deposits. Reduce your charge for checks by getting them printed by an independent resource like Costco, Sam's Club or some of the printers who advertise in the newspapers.

More coverage
  • More advice from Harry Gross
  • Too many of us just sit back and assume that nothing can be done. I like what you intend to do with what you save on future banking fees.


    Email Harry Gross at, or write to him at Daily News, 801 Market St., Philadelphia, PA 19107. Harry urges all his readers to give blood. Contact the American Red Cross at 800-Red Cross.

    Daily News Personal Finance Columnist
    We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
    Help us moderate this thread by flagging comments that violate our guidelines.

    Comment policy: comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

    Please note that comments are monitored by staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

    Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

    Read 0 comments
    comments powered by Disqus
    Also on
    letter icon Newsletter