Share this article

print logo


Checking fees have jumped 28 percent in seven years, with the typical customer paying $108 annually for a regular account, according to a survey released Tuesday by a consumer group.

The Consumer Federation of America said fees on regular, non-interest checking accounts totaled $107.96, while fees on interest-paying NOW accounts averaged $111.39.

Compared with a similar survey in 1988, regular checking account fees are up 6.7 percent, while NOW account fees rose 6.4 percent. Compared with the group's first survey in 1983, regular fees are 28 percent higher and NOW fees 62.3 percent greater.

There are no comments - be the first to comment