Slightly unrelated, but in the interest of those who are with one of the banks that charge fees, which bank is it that you use? Would you generally recommend them?
I use USAA now, and have for quite a while. Yes, if you can qualify for a USAA account I absolutely recommend them. They are one of the best banking institutions I've ever had.
But there are several national banks that have similar no fee accounts. Just looking around online at some deals and the one that stands out to me is really good deal is Charles Schwab offers a no fee account. Yes you have to open a brokerage account but that also has no minimums with it as well. Plus it seems they have unlimited ATM rebates.
Some of it may come down to your needs as I haven't had the need to access a local branch in many decades now. I don't deal in large sums of cash and needs a deposit it. I primarily look for a bank that has excellent online access and telephone access.
But there are several national banks that have similar no fee accounts. Just looking around online at some deals and the one that stands out to me is really good deal is Charles Schwab offers a no fee account. Yes you have to open a brokerage account but that also has no minimums with it as well. Plus it seems they have unlimited ATM rebates.
Some of it may come down to your needs as I haven't had the need to access a local branch in many decades now. I don't deal in large sums of cash and needs a deposit it. I primarily look for a bank that has excellent online access and telephone access.