Revealed: The Most Hated Transaction, Banking And Processing Fees in America

most hated fees in america
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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

most hated fees in america
Fund Rocket

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

most hated fees in america
Fund Rocket

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

most hated fees in america
Fund Rocket

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.

Author
C. James

C. James is the managing editor at Wealth Gang. He has a degree in finance and a passion for creating passive income streams and wealth management.