Warning over packaged bank accounts as fees soar by 15%

Warning has been issued as fees for packaged bank accounts have surged by 15%, leading to concerns about potential financial strain on consumers. The increase in fees could impact many account holders who may not be aware of the rising costs associated with these accounts, prompting calls for increased transparency and awareness regarding these fees. Consumers are advised to review their bank account packages carefully to assess if they are getting value for the fees paid.

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