banking

8 great ways to avoid growing bank fees

Ask to get a bank fee waived
Ask to get a bank fee waived

Good customers can often get bank fees eliminated if they ask politely and have a strong history with the bank.

"To a bank, you're worth hundreds and hundreds of dollars to them over a lifetime because they use your money to make more money," says Sethi. "They don't want to lose you over a $25 fee."

For example, if you realize that you've overdrawn your account for the first time in several years, a banker will likely be willing to drop the fee for you.

"Pick up the phone and tell them you got a fee and you'd like to have it removed," Sethi says. Be calm but persistent, and you can typically get at least one bank fee removed.

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