Fees. It’s a word that no one ever wants to hear, but it’s especially shocking to long-time debit card users. Unfortunately for them, it’s also a word they’re hearing more and more often these days, with a budding trend within the banking industry that looks to add monthly fees for debit cards. Wells Fargo has recently joined a growing list of banks that now charge monthly fees for debit card users. And while the fees are usually only between $3-$5 per month, many consumers are outraged at the prospect of paying for their ATM cards.
Logan Abbott
Logan Abbott is a personal finance and credit card expert with over 5 years of experience writing about each topic. He is a graduate of the USC Marshall School of Business, and also contributes to other online finance publications. He has been quoted in the New York Times, San Diego Union Tribune, TheStreet, and more.
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