Suze Orman Warns Your Bank is About to Screw You With This New Fee—Here’s How to Fight Back and Keep Your Cash
Personal finance guru Suze Orman is sounding the alarm on a sneaky new banking trend that could drain your wallet faster than inflation. In a viral segment, Orman revealed that major banks are quietly rolling out monthly maintenance fees on checking accounts, even for customers who previously had free accounts. "This is a direct attack on your hard-earned money," Orman said. "If you're not watching, you could lose up to $15 a month just for storing your own cash." She advises consumers to switch to credit unions or online banks that offer zero-fee accounts, and to always read the fine print on account changes. "Your bank isn't your friend—they're profiting off your laziness," she added. Daily life impact: Check your bank statements this month. If you see a new fee, call to negotiate a waiver or close the account immediately. Your wallet depends on it.