8 Common Bank Fees and Charges — and How to Avoid Them

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When you’re opening up a new bank account, there are plenty of things to think about, from the account’s interest rate to the bank’s online features to the convenient locations of local branches. But it's also essential to understand how a bank’s policies could impact your finances, especially because you might find out that they’re deal breakers — after you’ve already opened an account. Often, banks have unexpected fees, like maintenance charges and overdraft fees, that can quickly add up if you aren't careful.

Whether or not you encounter these fees and charges depends on the types of accounts you have with your bank and how you use those accounts. However, there are several common fees and charges you’re likely to encounter at most banks. We’re taking a look at eight types of fees and charges that you might experience while managing a bank account, along with how they work and what you can do to avoid them.