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Phoenix near the top of the list for high bank fees

Posted: 5:30 AM, Aug 21, 2018
Updated: 2018-08-21 18:15:31Z

You ever find yourself spending more in ATM fees than you'd like to admit. You’re literally paying to get your own money.

 

Well, we're not alone. A new study by depositaccounts.com shows Phoenix ranks number five when it comes to the highest average of bank fees.

 

Who beats us out? It’s cities throughout Florida:

 

5. Phoenix

4. Miami

3. Tampa

2. Orlando

1. West Palm Beach

 

Click here for the entire list!

 

Of course, our Smart Shopper team won't leave you hanging.

 

Here are three ways to avoid the fees:

 

Choose a bank with a large ATM network, so you have no fees, or choose one that reimburses you.

 

Use your debit card and get cash back, of course at places with no fees.

 

Finally, find a fee-free ATM. You can search online or try Allpoint, which allows you to find the nearest Allpoint ATM – they don’t charge fees.

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