2.2.9 Consumer tips

Here are some easy ways to lower your account fees:


Be sure you have enough money in your account to cover payments. To avoid NSF charges for rejected payments, you can consider overdraft protection. You pay a monthly fee in months when you use the overdraft, and your financial institution covers your cheques, even if there is not enough money in your account. However, it will charge interest daily on the amount of the overdraft, so this may be a costly option.

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