To continue getting breaking news and the full stories from The Boston Globe, subscribe today.

The Boston Globe

Business

Want to switch banks? There’s a fee for that

Bank customers growing frustrated over charges

Upset about bank fees? Want to close your bank account? No problem, your bank says. Just one catch: There may be a fee for that. Many banks across the country, including several in Massachusetts, are charging customers if they close a checking or savings account within several months of opening it. Boston-based Sovereign Bank, Citibank, PNC Bank and US Bank charge $25. Some smaller financial institution demand as much as $50 to close an account

Stay with the story. Get full access to BostonGlobe.com for just 99¢

Unlimited access to BostonGlobe.com for only 99¢ for the first 4 weeks. You can cancel at any time.

  • The FULL story all day: Enjoy all of the high-quality, in-depth journalism in the print edition of the Boston Globe — plus breaking news that's updated 24/7.
  • A truly reader-friendly format: It's online news that looks and reads just like the newspaper — uncluttered, uninterrupted.
  • Breakthrough technology: The responsive design automatically adapts content so it always reads perfectly on the digital device of your choice.
Get started today

BostonGlobe.comSubscriber Log In

Contact us for help