Survey reveals bank checking fees hit a record high

National & World
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Bank fees have been rising for the past 15 years, according to a survey by financial website Bankrate.com.

Bankrate’s 2013 Checking Survey revealed overdraft fees and out-of-network ATM costs have hit record highs.

The average overdraft charge reportedly rose 3 percent this year to $32.20. Additionally, Bankrate reported people who withdrew money from another bank’s ATM now end up paying a total fee of $4.13.

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