How to Beat Bank Fees

In this news clip from CBS Money Watch, you will learn all about the fees that banks commonly charge and how you can avoid paying them. One of the important tips is to watch your bank statements and see what you are being charged. You may want to consider switching banks to get an account that has no monthly fees. Find these on Bankrate's website, or by going to community banks, which tend to charge fewer fees. Some of the best tips are that you should look for an account that truly has free checking, without any required monthly balance or number of transactions. Also, don't hesitate to negotiate with your bank to get your account policies changed. This video is filled with great tips on saving money at the bank, so if you're tired of being pushed around as a customer, look no further.