BANGALORE: Savings starts from your hands and ends in the bank. But on a random day, you get a notification from the bank about the steep charges that you were unaware of. You might enquire at your respective bank for the abrupt cut, but the concerned staff are trained enough to make you return with nothing, but disappointment.
Now who is responsible for the financial loss? How to put an end to these rampant practices? The single answer that emerges based on these situations is, better be careful from these hidden tactics of financial institutions.
The given below are some of the ways you can prevent yourself from falling prey.
#Be Aware of the High End Debit Charges
The debit card you opt while opening a new account might charge you a minimal account annualy. However, later on if you upgrade your card, the minimal charges will hike by good amount.
Now what you can do?
Just make sure that while opening a bank account, read about the annual charges on the debit cards and do crosscheck them with the bank’s website. Same precautions you need to take while upgrading your credit card.
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