The Planning And Foresight blog has a useful warning for those of us who may not read all those e-mails and circulars from our banks with enough attention.
The slow collapse of our economy will bring about new fees and taxes so that the government and companies can maintain their cash flow. For example, my ... local bank decided that all savings account that have been dormant for 6 months or more will be assessed a maintenance fee of $6.00/month. While $6.00 a month is a small amount, the total cost for one year is $72.00 for digitally maintaining an INACTIVE account.
There's more at the link. It's a very timely heads-up to us all.
Note that the $6.00 'maintenance fee' is for doing nothing. The bank doesn't incur any extra cost to let your account sit in its electronic records. It's just trying to milk you for every penny it can suck out of your pockets. With money getting tight for almost everyone, look for more businesses - not just banks - to try tacking on additional fees and charges. I'm already seeing that in, for example, vehicle service centers. Their bills now often add a few dollars here and there for 'consumables' or 'disposal of waste products' - things that used to be non-itemized, covered in the overall charge. (I note that the latter hasn't gotten any smaller after those line items were separated out . . . )