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Crossfire: New Bank Fee Hits Your Wallet Here’s How to Avoid It

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Crossfire: New Bank Fee Hits Your Wallet Here’s How to Avoid It

A surprise charge is burning a hole in millions of pockets, as major banks introduce a "crossfire" penalty that hits you every time your debit card swipes between two different account types in one transaction. One unlucky customer was just charged $35 for splitting a dinner bill between checking and savings—a fee experts call "highway robbery." To dodge this cash-draining crossfire, switch to a single-account card for all daily purchases, or demand your bank waive the fee with a quick call. Your wallet can’t afford to get caught in this crossfire—change your payment habits today or pay the price.