Feature

Tip of the week: How to avoid debit card fees

Change banks; Ask your bank to waive the fee; Use cash; Use a credit card

Change banks. This may seem obvious, but if your bank has begun charging a monthly fee for using a debit card, it could be “time to consider a smaller bank.”

Ask your bank to waive the fee. To arrange this, you may need to start maintaining a higher balance in your checking account or open some type of second account.

Use cash. “Cash may be somewhat inconvenient,” but it’ll save you. Ask your bank for an ATM-only card, which should allow you free withdrawals from the bank’s machines. Using cash typically encourages a person to spend less.

Use a credit card. Actually, “this is a good option”—as long as you pay off your balance on time. You can also look for one of the rare prepaid credit cards, like American Express’s, that don’t tack on lots of fees.

Source: Forbes.com

Recommended

6 outstanding homes built in the 1940s
House
Feature

6 outstanding homes built in the 1940s

The Check-In: 2022's best and worst airports, and more
Airplanes.
Feature

The Check-In: 2022's best and worst airports, and more

The Week contest: Walker robber
A man with a walker.
Feature

The Week contest: Walker robber

Is plant-based meat a failure?
A plantburger.
Briefing

Is plant-based meat a failure?

Most Popular

How low will gas prices go this winter? 3 analyst predictions.
person using gas pump photo
How low can they go?

How low will gas prices go this winter? 3 analyst predictions.

Home of Iranian climber who competed without hijab reportedly destroyed
Rekabi in interview
Iran protests

Home of Iranian climber who competed without hijab reportedly destroyed

United States knocked out of FIFA World Cup following 3-1 loss to the Netherlands
U.S. captain Tyler Adams kneels after his team is eliminated in the World Cup.
Heartbreak

United States knocked out of FIFA World Cup following 3-1 loss to the Netherlands