Overdraft fees are an unwelcome addition to your budget and according to a new Bankrate study most banks are still hitting customers with the charge. Our InvestigateTV team has some simple ways you can avoid that extra expense
Greg McBride, the chief financial analyst for, said the average overdraft fee is $29.80, which is down 11% from last year’s record high of $33.58.
McBride explained that the downwards trend is likely because banking fees are being scrutinized by regulatory and legislative bodies.”This is a fee that has been in the regulatory and legislative crosshairs for a while, McBride said. “So, banks realize that they better adopt change.
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