Rising Fees

Sunday, June 28, 2009

Banks have pushed up fees in the past year to offset lower revenue due to foreclosures and rising credit card delinquencies.

2008 Increases

On Bounced Checks

2.6%

Average fee: $28.95

On ATM Surcharges

10.7%

Average fee: $1.97

2009 Predicted Increase

On Overdrafts

10%

Median expected fee: $27.50

SOURCES: Bankrate.com, Moebs

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