Back in August, we discussed the fact that some banks were beginning to charge fees on your hard earned cash.
Now, Citigroup is getting in on the act, and it isn’t just for the big boys.
It seems that the taxpayer bailout wasn’t enough, so you and I need to fork over a little more in the way of account fees.
It is worth repeating…avoid fees like the plague. You’re already bearing the burden of the bank sectors past mistakes via extremely low interest rates. According to MSN Money, only US Bank and Capital One are fee free. Move your money somewhere that doesn’t charge a fee. Most local credit unions are a great place to start looking.
Banks Charge for Deposits
Invest-Safely| August 20, 2011