Question

Which statement or statements accurately describe a good way to avoid excessive service fees?

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.
a.
I and II
b.
II only
c.
III only
d.
I and III

Answer 1

a. I and II

Explanation:
- I is sensible because some accounts or services charge per-transaction or per-deposit fees (so grouping deposits reduces the number of feeable transactions).
- II is correct because out‑of‑network ATM withdrawals often carry fees from both the ATM operator and your bank.
- III is not generally true — using a debit card online usually does not incur extra service fees (though a credit card can offer better fraud protections).