Earlier this month, I was charged a $10 fee on my bank account for not having the required number of debits for the month. I was able to get them to waive the fee, but should I not have enough debits this month, it’ll be $10 again.
Take a moment to look into your bank account and see if you have the best account for your needs. Go over your statements and make sure you don’t have hidden fees each month. Does your bank offer any perks for using your debit card as a credit card? Does your bank offer FREE ATMs or do they charge you too if you get your money out of another banks ATM? Are there branches convenient to your house?
Does your bank offer online banking? Does it offer a savings account with a good interest rate? Are you able to easily transfer money into your savings account?
Also be sure to look at banks in your area and see if they offer better incentives with their bank accounts. When we switched banks, my current bank was offering a $50 gift card for switching plus it was closer to my house than my old bank.