- Checking out?
- Worked up about jobs
- The savings lowdown
- Forever indebted?
- We don't feel worthy
- An overall sinking feeling
If your bank or financial institution raised its fees on checking accounts, would you consider switching to a different checking account provider?
|People under 30||Most likely to say they'd consider changing banks over fees, at 71 percent.|
|People over 65||Least likely to say they'd consider moving their account over fees, at 49 percent.|
|A solid majority of all income groups said they would consider moving their account, with those earning more than $75,000 the most likely, at 75 percent.|
"Every dollar counts ..."In these economic times, Americans are particularly sensitive to higher bank fees, with 64 percent saying they would consider switching to a different financial institution if their checking account fees increased. Every dollar counts and consumers who are willing to pursue the best returns on their money are a step closer to achieving financial security.
- Greg McBride, CFA, senior financial analyst, Bankrate.com