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Which statement or statements accurately describe a good way to avoid excessive service fees? Check all that applies. .

I. Try to deposit money in large batches rather than in small amounts..

II. Try to limit the number of withdrawals you make from out-of-network ATMs..

III. Try to avoid using your debit card online.

Verified Answer :

junior420chavez

Answer:

its 2 only

Explanation:

i jus took the quiz

inyangotobong

Answer: II

Explanation: In general, you can use an ATM to withdraw cash, deposit checks or cash, and check your account balance. If you use an ATM that’s operated by your bank — or is operated by a network that your bank partners with — you can usually perform all of these tasks for free.

But if you use an ATM that’s not run by your bank like (an out-of-network ATM), you’ll typically pay two separate fees for the service.

Out-of-network ATM fee: This is the fee that’s charged by your bank for not using an ATM in network.

ATM surcharge: The company that operates the out-of-network ATM charges this fee.

These individual fees can add up — and total fees may hover around $5 for each withdrawal you make.

Some banks may also charge a fee for checking your balance at an ATM that’s not theirs.

So if you regularly withdraw cash from an out-of-network ATM, you could rack up hundreds of dollars in fees each year.

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