billions in fees


Congratulations America, You Gave Airlines $7.1B In Baggage And Change Fees Last Year

For the better part of the last decade, airlines have been tacking on fees for everything from checking bags to allowing customers to cancel or change their flights. While spending $25 now and then for the convenience of not dragging your bags around the airport might not break the bank, those fees add up — to $7.1 billion.  [More]

Steven Depolo

Banks Making $17B A Year From Fees For Overdrafts & Insufficient Funds

Overdrafting your checking account might only hit you for $35, but when that happens a few hundred million times each year, it really adds up. A new report estimates that banks in the U.S. are now making $17 billion a year from fees for overdrafts and insufficient funds.