I wanted a new account for my side business, so I visited two different banks. Instead of asking only about the benefits, I also asked about maintenance fees, SMS alerts, debit card charges, and transfer costs.
The differences surprised me. One account looked attractive until I calculated the monthly deductions. Another bank had fewer hidden charges and offered services that suited my business better.
That conversation helped me avoid choosing an account that would quietly reduce my income every month.
Sometimes the cheapest-looking option isn't the cheapest to maintain.
Lesson: Ask about every recurring charge before opening an account.
Question: Do you know every fee your bank deducts from your account?
