Fee Basics

Overview of Your Bank Fees

Have you ever been charged an over limit fee, late fee, overdraft fee or any  of a number of fees that are so commonly charged by banks and other companies nowadays?

Most consumers have been charged at least one of these fees within the past year; usually when they can least afford it. The average consumer pays about $368.00 per year in these fees. Some banks charge as much as $45.00 for an NSF (Non-Sufficient Funds) fee on a checking account and the average bounced check fee rose 2.5% this year to nearly $30.00.

There are so many other things that you can do with that money. And it’s nearly impossible to get many of these companies to reverse any of these fees, even if fees are charged in error. Lawmakers have recently discussed sweeping consumer protection that may help ease fees, but don’t count on it!

And in today’s economy many companies are not only charging more for existing fees, they are even creating new ones.  In fact, fees are on track to top $50 billion this year and some experts predict even more fees are coming!

Imagine never having to worry about many of these fees that banks and credit card companies charge again!

FeeGuard is an innovative new service that’s here to help!

Depending on the FeeGuard protection you choose, you can now leave many of these worries behind! Call 1-800-862-0718 or Sign-Up for FeeGuard today.

Take back control of your finances for good!

Fees can often be confusing, so here’s a brief description of the fees that Fee Guard can protect you against! (Definitions may vary)

• Overdraft Fee - a fee charged for causing an instance in which one’s checking account becomes overdrawn (exceeds the amount of money available in the account).
• NSF (Non-Sufficient Funds) Fee - a fee charged when an item (check) is presented to the bank for more than the balance in a checking account and the check is returned to the maker unpaid.
  
• Late Fee - a fee charged for paying after the due date has passed.
  
• Returned Check Fee - a fee charged when a check is submitted to the drawee bank (the bank the check is written against) and returned by that bank for any reason.
  
• Overdraft Transfer Fee - a fee a bank charges for transferring money from one account to another account to cover an overdraft condition.

Call 1 (800) 862-0718 or click on the Sign-Up tab above and sign-up for Fee Guard today and take back control of your finances for good!