These Are the Most Hated Transaction, Banking And Processing Fees in America
The Wealth Gang team writes about financial information, passive income ideas, apps, programs, cash management tools and other wealth gadgets that we think you might want to use or learn more about. Sometimes, we write about products, services or items that might be associated with affiliate partnerships. In these instances, we will earn a small percentage of the revenue from sales. There is, of course, no cost to you.
Thank you for all your support! Without you, we could not keep this site running. Gang Gang!
Fees, fees and more fees. Paying ridiculous and unnecessary fees is as American as hot dogs and apple pie. In a recent survey conducted by Fund Rocket, Americans dish on the most hated fees we have to deal with day to day.
We love to focus on creating more income streams, but minimizing expenses and avoiding fees, is just as important when it comes to having a wealth mindset. After all, you don’t just want to throw away your hard earned money when you don’t have to.
From ATM fees to ticket processing fees to checked baggage fees, we are drowning in fees! And we guarantee you hate them just like us.
Below are the most common and the most hated fees in America, and probably the world. Definitely the world.
Most Common Fees
There are so many ways that businesses try to make us part ways with our money. Some of them are reasonable, but others are superfluous. After all, if a company needs to charge us a “ticket processing fee”, why don’t they just bake the cost into the ticket and lie to us that it even exists? Sheesh. Have some decency, people!
Most Hated Fees
Shocked to see Resort Fee so far down the list. Nothing screens vacation like an extra $50 per night for…well…nothing!
Again, a lot of theses fees could easily be baked into the actual price.
Most Hated Fees By Generation
It’s no surprise that generations don’t see eye to eye, but at least all three can agree that bank fees (ATM and checking account minimum balance) are no one’s friend.