One Response to “why are there differences in fees between the banking services?”
Comment by morgan4932@sbcglobal.net
September 1st, 2010
Banks lower fees when the are seeking new customers. And raise fees when the average balance on accounts are to low.They use the money to loan it and get interest on the deposited money. Thats why people with high balances usually pay no fees.
September 1st, 2010
Banks lower fees when the are seeking new customers. And raise fees when the average balance on accounts are to low.They use the money to loan it and get interest on the deposited money. Thats why people with high balances usually pay no fees.