6 common bank fees, and how to avoid them

Bank accounts are important financial tools that help protect your money and even allow you to earn interest. But depending on where you bank — and how you use your account — certain fees can chip away at your balance. From monthly maintenance charges to overdraft penalties, these costs can add up quickly if you’re not paying attention. Understanding the most common bank fees, why financial institutions charge them, and how to avoid them can help you keep more of your money. Why do banks charge fees? ...