Is free checking becoming a thing of the past? According to a Bankrate repot, Denver has the highest ATM and bank overdraft fees in the United States.
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In Denver, the average ATM surcharge — the cost to a bank customer for using another bank's automated teller machine — leads the nation at $2.80 per transaction.
[ Denver Post ]
For overdraft fees, the Bankrate report has Denver's average overdraft fee at $33.60, also the highest in the country.
Free Checking Becoming More Rare In The US
Free checking is growing increasingly rare at U.S.. banks. In Bankrate's survey, only 39 percent of banks offered a checking account with no minimum balance requirement and no monthly fee, the standard definition of a "free" checking account. That's down from 45 percent in 2011 and down substantially from its peak of 76 percent in 2009.
[ Bankrate ]
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