10 consumer fees you should stop paying now

Q: What's your favorite fee to pay? A: Are you crazy? Here's how to dodge some of the worst fees.

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VIDEO ON MSN MONEY

216Comments
May 29, 2014 7:33PM
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For many American companies, nickle and dime strategies have become the cornerstone of their business. I was thinking we need a list of honest companies but I imagine that would be a very short list... 
May 30, 2014 9:17AM
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No 6 is almost no longer possible to avoid. I went to the box office at the House of Blues to pay for 2 $22 ticket and told it was an additional $15 above ticket price. When I asked how it could be more than the ticket price, I was told it was a ticket handling fee. I responded by saving that  I could reach into the window and take the tickets out of the slot so she did not have to handle them. I was informed that I did not have to go inside. I have never returned since. They are liars, plain and simple.
May 30, 2014 12:04AM
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What about Uncle Sam ?  Always a tax hike here and there. And it from both Dem's and Rep.
May 30, 2014 10:11AM
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People should do their banking at a savings and loan or a credit union.  Maybe this would wake up the crooks at the big banks when they lose most of their customers.
May 30, 2014 7:36AM
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SAME AS TELEPHONE BILL.    .02 FOR CITY TAXES AND OTHER SUCH IDIOT THINGS. THESE COMPANIES WILL DO ANYTHING FOR MONEY AND FEW LOOK AT THE BILL AND SEE WHAT IS GOING ON.
May 30, 2014 1:07PM
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Those working their rear ends off are tired of paying for those sitting on theirs.
May 30, 2014 10:30AM
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Fees to cable TV and cell phones are unavoidable? I don't think so, try dumping cable and using a no plan cell phone and you will avoid these fees!
May 29, 2014 11:32PM
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It might be a short list Yamamancha, but it would certainly be worthwhile to publish it. I bet most companies would cry foul, if their nickel and dime strategies for ripping off the consumer were published. But companies, [BANKS ESPECIALLY] should have to learn or relearn "HONESTY IS THE BEST POLICY".

These companies that think that the only way of making money is to screw the consumer, WILL find out that "what goes around, comes around."  These "screw the consumer" policies are starting to come back to bite them in the a$$ in the last few years, and I, for one, DO NOT have ANY sympathy for them at all.

May 29, 2014 9:49PM
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Remember Fees are a four letter word !
May 30, 2014 10:27AM
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I've got a new one to add to the list of made up fees.  On a recent bill I noticed a new fee which is called a Paper Bill Fee.  The company in question { which I will not name }  has tacked on this fee to cover the cost of mailing you your bill.  Now you can avoid this fee, which is 1.95  every 3 months when the bill arrives, by signing up for online billing.  That would not be a problem except that to do you must also give them access to a credit card or the ability to debit your bank account at their discretion .  So in order to avoid this fee that is what is required. Any comments please?
May 30, 2014 9:57AM
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Overdraft fees from the banks and late payment fees from the credit card companies are the most costly.  Avoid both of these without fail.
May 30, 2014 5:20PM
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just like pnc. i"ve been a customer for 25 years at the bank. starting in june there taking a 7.00 fee for your checking account every month. u dont have to pay it if u always keep $500.00 in your account, but who can keep that in there at all times. it just sucks. especially when u have been with them for so long.
May 30, 2014 9:39AM
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Ask any bank, if you put in 100K for 30 years, what the total will be after the term at today's interest rate. Then ask the bank if you borrowed 100K for 30, what you'll pay back after the 30 year term. Write the second answer on a piece of paper. Write the first answer under that. Subtract one from the other. That's a scam right there. Any other fees are additional scams. But there again, these scams are voluntary. So, choose not to participate. 
May 30, 2014 8:31AM
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Sometimes that "handling" fee for an event ticket cannot be avoided even when you go to the box office.  I know of one medium-large venue that charges you even if you walk up to the window.  That should just be illegal.  So, depending upon how far you have to drive to get there, paying the online fees is cheaper.
May 30, 2014 2:05PM
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Gift card fee is my favorite. What is wrong with giving someone good ole cash as a gift, it is still accepted anywhere if I am not mistaken.
May 30, 2014 8:03AM
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I haven't paid a late fee in almost 20 years, I pay my bills on time. I don't buy gift cards that have fees. I've never purchased a ticket to an event, where I've had to pay more than the face value of the ticket. I don't "call" airlines to book a flight, and I only fly with ones with no baggage charges. My bank doesn't charge checking fees, as long as I maintain a minimum balance. They also refund all ATM charges. I didn't sign-up for over drafting. I don't own any mutual funds, and I don't text. So, obviously, nothing on this list pertains to me. This is the best MSN post I've read in a LONG, LONG time !!!
May 29, 2014 7:41PM
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At Southwest airlines, " Bags fly free". Fine looking women have to pay a fee?
May 29, 2014 8:12PM
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Fees are great because you don't get the kick-back as with a tax.... It is wrong and people should refuse to pay them!
May 30, 2014 10:36AM
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Uh, there are some places that will charge you a fee for booking online. I know because I fly once a month. Different websites charge different prices if any.


As for baggage fees, if you are part of the 'elite', you probably just paid more to join it or for the ticket. A friend of mine wanted to book first class because they didn't want to pay for a baggage fee (just 1 bag). The ticket was twice the price of economy. How is that a bargain?

May 30, 2014 8:43AM
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ATM: The first time I used this option in '90's I was repulsed that the bank had the gall to charge me for my own money (since then I have learned money deposited in an a bank account is no longer the depositor's money; read the fine print). Have never used one since. This is already a stopped fee.
Airlines: While strongly urge everyone who does not want their junk played with nor person molested not fly anywhere ever (at least until the airlines and airports reject the TSA felons lurking around the gates; the only terrorists in the USA are in Washington D.C.), so you are foolish and unAmerican to get stuck with this fee;
Gift cards: Only use then when I want to control what the spendthrift recipient does with the cash given; this fee is acceptable as long as it is  moderate;
Test fees: They have got to be kidding. If your cell company charges for this yu are an idiot consumer; hint: virgin mobile usa period com. Forget the other carriers who are gouging you into bankruptcy;
Event fees: ticket prices, frisking at the door, too many cops inside, offensive and unruly attendees, dirty restrooms, etc. No event is worth attending these days, even free fireworks. So never pay these fees either;
Late fees: these are truly optional depending on the rate of charge. OPM is the leverage financial success; being late on paying your bills is not;
Overdraft fees: These are outrageous and usury; the fed.gov promised to look into this problem and regulate it further. Apparently the illegal banking cartel run by the Federal Reserve balked and stalled the legislation. Politicians are not representing The People on any level, but they do lie incessantly;
Baggage Fees: See Airlines above. If you must fly and your have big baggage, check out UPS and fedEx to get your stuff to non-international locations cheaper... ;
Checking Account fees: this is irksome because the bank deposits your checking account money in the banking cartel for about 7 minutes every night just before midnight and make interest off it which it doesn't share with you. With checking fees they charge you for their diversion of your credits. Check out Western Union; if you write less than 26 checks per month and your account costs $18 per, WU is cheaper to use. Any business part of a cartel, like all banks in the world, are worthy having your business nor your money. Close the account, cur the fees;
Mutual fund fees: even at a lowly 1%, fund managers with make more than 70% of the increased value of your investment (over the average investment lifetime). No wonder the IRS and fed.gov want you to put money away in your 401(k). The balance of your gains will be lost to future taxes (guaranteed to be a higher rate than today) and you get paid with dollars whose purchasing power is significantly less when the money is withdrawn. It is a financial ménage à trois where you are the only party that gets royally screwed.

The scary part is that the fed.gov approves and sanctions all these fees levied. Many are supported by fed.agencies and other politically deviant offices that have no business existing a Republic. Alias, the public school educated can't read, can't write and can't think; you all are easy pickings for the SOB lying politicians and their scam artist buddies. ©2014 All rights reserved. No use without written permission. Single posting license for this entry. Protected by federal law and international treaty. Not intended as legal, investment, accounting or tax advice; to use as such violates the intended educational purpose prohibiting such use.
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