What should I look for when choosing a bank with low fees?
You should consider factors like monthly maintenance fees, ATM fees, and transaction fees. Look for banks that offer fee waivers.
Are there any specific banks you recommend for low fees?
Some popular options include online banks like Ally and Discover, which often have lower fees compared to traditional banks.
How can I avoid fees altogether?
You can avoid fees by maintaining a minimum balance, setting up direct deposits, or choosing accounts with no monthly fees.
What about credit unions? Are they a good option?
Yes, credit unions often have lower fees and better interest rates than traditional banks, making them a great option.
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