Kevin's Corner


Report: Denver Has Highest ATM & Bank Fees In The Country

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 ]

Do you think your paying too much in bank fees? Share your thoughts by commenting below.

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Locations : Denver

09/25/2012 12:06PM
Report: Denver Has Highest ATM & Bank Fees In The Country
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