See the most recent version of the checking study.

Fees for bouncing checks average $21 plus, but the range is dramatic: From $28.16 in Philadelphia to $12.36 in San Francisco.

That is one finding of Bank Rate Monitor’s October 1997 Checking Account Pricing Study. Bounced check fees, also known as non-sufficient fund (NSF) fees, had increased since the March survey, but by under 2%.

The highest check bouncing fees were reported in Philadelphia with overall average NSF fees of $28.16. Miami followed closely with $26.71, and Tampa, Fla., with $27.31. San Francisco and Los Angeles charged the least for bounced checks with $12.36 and $13.43 in average NSF fees.

The fees were generally higher on checking accounts that pay interest, but there are exceptions as the chart indicates. The difference in the averages was slight. Interest accounts carry an average fee that is only $0.13 above that on non-interest accounts.

A copy of the full study is available from Bank Rate Monitor. To order, fax your request to (561) 627-7335 or phone (800) 327-7717. You can also send your order via the Internet to

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