In this eye-opening episode, we dive deep into the seven hidden tactics banks use to exploit their customers and maximize their profits. From the subtle ways banks profit off your savings to the various fees that seem to appear out of nowhere, we reveal the strategies that financial institutions don't want you to know about. You’ll learn how banks manipulate the order of your transactions to trigger costly overdraft fees, and how they use fine print and confusing terms to make money off you without your awareness. We also break down why using a credit card may offer you greater protection against fraud compared to debit cards, and discuss the often-overlooked advantages of credit unions as an alternative to traditional banks. Plus, we expose the truth behind so-called "free" checking accounts, showing how they often come with hidden charges that could end up costing you more in the long run. Whether you’re looking to avoid unexpected fees, protect your money from fraud, or simply make smarter choices when it comes to managing your finances, this episode provides the knowledge you need to navigate the world of banking with confidence. Watch now and take control of your financial future! Learn more about your ad choices. Visit megaphone.fm/adchoices