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10 cards from this deck
Charges banks impose on customers for services provided
Standard monthly fee for having an account with the bank
Over-the-counter withdrawals (requires bank teller)
Other banks' ATMs cost 2-3 times more than own bank's ATM
Cash withdrawals at retailers when making purchases
Regular scheduled payments you set up (e.g., monthly rent)
rac{ ext{Total banking fees}}{ ext{Account closing balance}}
If monthly fees exceed 5% of account balance, reduce costs
Self-service banking (online/mobile) - typically free
Use own bank's ATMs and electronic banking vs counters
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