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Banks Raise Fees For Overdrafts, ATMs

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Published: October 28, 2008

NEW YORK - You could be in for higher fees if you don't keep an eye on your checking account.

Fees for bounced checks and withdrawing cash from an out-of-network ATM rose again this year, according to a survey released Monday by Bankrate.com.

As for overdraft fees, the best defense is to link your checking account to a savings account, Bankrate.com said. A nominal fee of $5 or $10 is usually charged for overdrafts in such cases.

The Associated Press

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