Question

Which of the following is a way your bank can make money?
A
Your bank can charge you a fee for using an ATM from another bank.

B
Your bank can charge an annual or monthly fee just for having an account.

C
Your bank can charge fees if your balance goes below a certain amount.

D
all of the above

Answer 1

D all of the above

All of the options listed are ways that a bank can generate revenue. Banks earn money through various fees, including ATM fees, account maintenance fees, and service charges for falling below minimum balance requirements.