Which bank has the lowest fees?

Answer 1

This depends on the region you live in. Even national banks vary their services from region to region to remain competitive within the regional market. Here are things to look for to ensure you don't get stuck with unknown fees:

* Is there a monthly account maintenance fee?
* Is there a charge for using a debit card? (Some only allow you to use it for free when it is processed as a credit transaction.)
* How much do checks cost? (Some banks will give these to you for free.)
* Does the bank charge you its own fee in addition to the other bank when you withdraw at an out-of-network ATM.
* Does the account require a minimum balance or direct deposit in order to remain a free account?
* What is the overdraft charge.

Most accounts are either free or almost free. Much of the fee income that banks make nowadays comes in the form of overdraft fees. The fee is almost always greater than $30 per item and includes both checks and electronic items. If you buy a $5 meal with your debit card and it overdraws the account, you will be charged the $30 fee even though the card was approved.

Answer 2

Many are free, just check with the banks in your area. My bank even give me free money orders and check/debit card, including interest on my balance. I think the only thing that not free is loans. :-p

Answer 3

Depends on what you use it for? Simple checking and saving? I had wellsfargo for over 10years now I dont have any problems with them. I jsut opened a etrade saving account that gives 5% interest, is free when you transfer your money from wellsfargo to a etrade account and only takes about 2days.

Answer 4

HSBC Bank. I work there and they have free accounts! If you dont live near one, you can open an account online. www.us.hsbc.com