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Many Americans Shocked and Disgusted by Bank Fees

Six in ten Americans (61.9%) describe themselves as “shocked” or “disgusted” when they discovered the average U.S. household spends $290 in bank fees each year, according to a recent report from TransferWise. Many felt these fees were higher than they should be. TransferWise’s The Wolves of Main Street: A Study on U.S. Bank Fees found customer ignorance may