bank fees

Rethinking The Shell Game With Bank Fees

Banks earn most of their profits from fees. The whole fee thing feels a little like a shell game to me. The bank advertises free checking and online bill-pay but, in fact, those services aren't free to the bank so -- it follows logically that they can't be free to the consumer.  So, the cost of "free checking and bill-pay" is moved from one shell to another which, of course, gets lifted whenever I, or someone else, stumbles on any of the tripwires the bank has set up to recover the actual costs of "free checking and bill-pay." 

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