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The Ins-And-Outs of Bank Fees. To make a profit and pay operating expenses, banks typically charge for the services they provide. When a bank lends you money, it charges interest on the loan. ... Even fee-free checking and savings accounts have some fees.

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Charging small fees for a specific service is another way to pay for that service and to help the bank make money. Fees are also used to discourage bad behavior, like making overdrafts.

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