What are some effective strategies to avoid fees?

What are some effective strategies to avoid fees?

There are several strategies you can use to avoid fees, such as maintaining a minimum balance, using in-network ATMs, and setting up alerts for low balances.

Can you explain how maintaining a minimum balance helps?

Sure! Many banks waive monthly maintenance fees if you maintain a minimum balance, which can save you money.

What about using in-network ATMs?

Using in-network ATMs helps you avoid withdrawal fees that banks charge for using out-of-network machines.

Are there any other tips you can share?

Yes! Setting up alerts for low balances can help you avoid overdraft fees by notifying you before you go below a certain amount.