3. List the possible fees associated with a checking account and describe where you can find out about these fees.

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Business

Sage Kane

29 April, 09:09

3. List the possible fees associated with a checking account and describe where you can find out about these fees.

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Marley Braun · Answer 1

Three possible fees associated with a checking account:

ATM fees: they usually applied to ATMs that are for general purpose, or that are not affiliated to your bank. Overdraft fees: they occur when you try to withdraw more money than you have on your account, or when you overspend. They can be avoided by keeping control of how much money you have left. Lost card fee: in case you lose your card and need the bank to issue it again, the bank will likely charge you a fee.