bank fees 300x225 How banks are making up for now banished fees

This lady is ticked off by bank fees. Credit: Betsssssy/Flickr

Whatever happened to credit and debit card fees? You might remember I wrote about debit cards being cash cows for banks, which was followed by a post on major banks eliminating fees. Banks exist to profit, so many are raising existing fees to make up for ones that have been disallowed. Here is a list from Billshrink with examples. The good news is that these fees are much more transparent and upfront.

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