RSA Conference Exhibitor List 2024 - Exhibitors Data
Beware of banking fees
1. BEWARE OF BANKING
FEES
• Standard – Planning and Money
Management
• Learning Objectives
• Students will be able to
• Compare and contrast services and
products available from financial providers
such as commercial banks, savings and
loans, and credit unions.
2. WHAT IS THE AVERAGE FEE
TO TAKE MONEY OUT OF A
NON-NETWORK ATM?
THIS CHARGE INCLUDES:
YOUR BANK’S FEE,
FEE CHARGED BY ATM
OWNER
• Essential Questions:
• What are some common banking fees,
including the overdraft fee?
• What can I do to avoid being charged fees
on my account?
• How do banks differ on their fees and
policies?
3. BANK OVERDRAFT FEES
(VIDEO)
Banks are raking in billions of dollars a
year charging customers for overdrafts.
Here's how to protect yourself.
What is misleading about the term
“overdraft protection”?
True or False
Once you are signed up for overdraft
protection, cannot opt out.
What else did Sharon do to avoid future
overdraft fees?
4. Read this article to find out what
kinds of alerts you can set up so you
can avoid fees as well. Then, play
the matching game.
5. THE FINE PRINT
EXPLORE A CHECKING
ACCOUNT AGREEMENT
IN DETAIL
ANSWER THE
QUESTIONS USING THE
CHECKING ACCOUNT
AGREEMENT
6. COMPARE: BANK FEES
NERDWALLET OVERDRAFT FEES BY BANK
Transactions
Beginning Balance $116
Bus Fare
Gas
Yearbook
Netflix
Coffee
Person-to-person dinner
Soccer gear
Total Spent on Purchases
Total Overspending (beginning balance – total
spent on purchases)
-4
-43
-75
-10
-3
-15
-35
-185
-69
7. Bank of America Balance Overdraft
Fee
Beginning Balance $116 116
Bus Fare -4 112
Gas -43 69
Yearbook -75 -$41 $35
Netflix -10 -$86 $35
Coffee -3 -$124 $35
Person-to-person dinner -15 -$174 $35
Soccer gear -35 -$209
Total Spent on Purchases -$185
Total Fees $140
Financial
Institution
Overdraft
Coverage fee
(per item
Max Fees Per
Day
Total Possible
Cost In A Day
Bank of America $35 4 $140
NERDWALLET OVERDRAFT FEES BY BANK
