Tuesday, September 25, 2012

Free checking offered at fewer banks

  Eyewitness NewsNEW YORK (WABC) -- It may be your money but you're paying more for the privilege of using it.

A new survey shows that ATM surcharges are up 4% this year, hitting a record high of $2.50.

Meanwhile, free checking accounts are becoming a thing of the past.

They're now offered by less than 40% of all banks.

Not only that, the average monthly fee for a checking account is up 25%.

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