What is the average overdraft fee as of 2024?
U2L2 HW Finance: Beware of Banking Fees Quizizz

Quiz
•
Business
•
9th - 12th Grade
•
Easy
Darek Tillman
Used 1+ times
FREE Resource
19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
$27.08
$25.00
$30.00
$20.50
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is the average fee for using an out-of-network ATM?
$1.77
$2.50
$1.50
$2.00
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is the average total ATM fee in 2024 according to Bankrate's study?
$4.73
$4.77
$4.50
$5.00
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What percentage of accounts are still charged overdraft fees according to Bankrate?
50%
75%
94%
100%
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What is the average minimum balance required to waive monthly service fees for interest-earning checking accounts, according to Bankrate's survey?
$5,000
$10,210
$7,500
$12,000
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
How can customers avoid monthly service fees according to the survey?
By maintaining a high balance
By setting up regular direct deposits
By using a credit card
By opening multiple accounts
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
What percentage of banks surveyed charge non-customers for using their ATMs?
50%
75%
100%
25%
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