All banks are charging higher fees
Bank fees may not be increasing for everyone. In fact, 38 percent of respondents said they have no fees or are uncertain about any fees associated with their primary checking account, according to the 2013 Bankrate Checking Survey released in September 2013.
The fee that banks charge non-customers to use their ATMs has risen by nearly a third since 2008, according to Bankrate's study. And the average overdraft fee was $32.20 -- up almost $1 over the 2012 average of $31.26.
But, "most of the time there are ways to avoid fees," England says.
Signing up for email alerts about your balance could help you steer clear of overdraft fees. To cut other fees, look into the banking options available. Say you often travel and need to withdraw cash from ATMs that aren't in your bank's network. You might be able to switch to an account that waives ATM fees or allows you to increase your withdrawal limit to save on overall costs.
When evaluating bank fees, "think about the value of what you are getting," says Lindsay Sacknoff, senior vice president of retail deposit products and pricing at TD Bank. Perhaps your bank offers longer store hours, mobile deposit options, online banking and email notifications. You might decide it's worth paying the monthly fees in exchange for the benefits you receive.