
A recent report indicates that bank overdraft fees have increased to more than $31 billion dollars in a current fiscal year. Certified Public Accountant Bob Martin explains why bank fees are increasing to such levels and what you can do to avoid being a victim of these expensive fees.
What are some ways to avoid overdraft fees?
- Get overdraft protection
- Put funds buffer in checking account
- Use computer software to track
- Learn your bank's overdraft policies