Mellody's Money Ambush: Fending Off Fees

Mellody Hobson explains how to avoid expensive fees in and out of the bank.
2:25 | 11/02/11

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Transcript for Mellody's Money Ambush: Fending Off Fees
Many banks are trying all kinds of ways to raise fees so do you know how to avoid -- -- -- financial contributor melody Hobson hit the streets to find out. On a windy day in the windy -- -- -- -- -- went back to remove if it's back to the -- kindergarten or perhaps better way to put it. -- -- Tonight she's set up shop outside of -- neighborhood Wal-Mart. Now -- its customers. It's melodies money -- -- -- The women is not enough over here I ever hear this right -- -- How do you usually pay when you go to a store. But that it -- -- -- now some things are now charging you to use your debit card. What do you think about -- We think about that I actually think. -- that means you. Be aware find out if your bank is testing debit card fees. Isn't question about your -- you bought some things how did you -- for that. Definite OK do you usually use your debit -- I frequent critic of it why -- -- step -- this I can't imagine thanks again. You know let me transactions you need to -- how many. These Smart understanding the terms of your bank account is key to avoiding fees you carry -- ever and help you get. Would you ever go to another bank's ATM. Case. You ever go to an AT and that is not your back it's -- watch out those ATM fees can add up just once what we can cost up to 200 dollars a year. But to really avoid fees when you patty you ever write a check when you're making a -- them and them. Ever run into you every six. Yeah months and you know let me see you're the first person is that checks when you. The first person you back here -- when -- let Gloria go retro game with Jack's can save on fees. -- bet you it's not Colombian brown you know we might -- better.

This transcript has been automatically generated and may not be 100% accurate.

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