How much do account fees remove in a year?
Add every repeat charge, then compare another account over the same 12 months.
A single fee is easy to dismiss. The yearly total shows whether changing the account creates real room.
- Use fees from your statements.
- Savings assume the alternative avoids the entered charges and adds no hidden cost.
Build one yearly fee total
Enter zero for a charge that does not apply.
What the tested example shows
The overdrafts cost $840. A $12 monthly fee adds $144. An alternative entered at $0 would avoid $984.
Remove one overdraft a month and the entered yearly cost falls by $420.
Use savings and access together
A switch may fit
- The new fee schedule cuts the total.
- Deposits and bills still work.
- The bank and insurance path are clear.
Keep comparing
- Cash deposits add large fees.
- Direct-deposit rules do not fit.
- Support or access becomes weaker.
The estimator cannot price service loss, returned-payment fees, holds, or access trouble.
Method, limits, and sources
Yearly overdraft fees equal overdrafts per month times fee per overdraft times 12. Monthly maintenance is multiplied by 12. Other yearly fees are added. Possible savings subtract the alternative account cost. Method: overdraft@2026-08-28.4.
The result assumes the alternative avoids the entered current fees and adds only the cost you enter. It does not predict future overdrafts or account approval.
- FDIC overdraft and account-fee guidance — checked August 28, 2026.
- FDIC third-party banking-app guidance — checked August 28, 2026.