generic tag to be used for questions related to fees. Ideally to be accompanied by other subject tags

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-4
votes
5answers
131 views

How can I stop a merchant from charging a credit card processing fee?

According to the answers on Can a merchant charge you more in the US if you want to use a credit card?, I gather that, while it is not illegal for a merchant to pass their payment card processing fees ...
2
votes
1answer
51 views

How to handle fee for a balance transfer?

To save some money on interest, last week I transferred a balance of $17,500 from my student loan account to my credit card for 0% APR for 18 months and a 2% transfer fee. The transfer fee ($350) ...
0
votes
1answer
26 views

Accounting for foreign exchange transactions and difference between market rate and rate given

I am trying to find how to account for the change in exchange rate and the rate given to me by my bank. I understand the rate change between two dates is a foreign exchange gain or loss, but what ...
3
votes
1answer
154 views

What does each of these fee terms mean?

I am thinking about applying for my first credit card, but I do not understand the meanings of the various transaction fees. There are several items listed as transaction fees: Balance Transfer ...
2
votes
2answers
113 views

Why invest in ETF's with high fees?

I live in New Zealand and I was looking at investing in one or more of the ETF's provided on the NZX (e.g SmartShares). But the management fees for many of their offered ETF's are greater than 0.5%. ...
3
votes
0answers
65 views

How to buy out one person's share of a jointly owned vehicle with the lowest taxes and fees

I currently own a car jointly with another person. We are both on the title and both on the current loan. Now I have reason to buy the other person's share of the vehicle so that I am the sole owner....
1
vote
0answers
23 views

Will holdings in high-OCF pre-RDR non-“clean-priced” fund unit types eventually be converted to clean priced units?

As soon as it was practical, I made sure all my own fund investments were migrated to a platform with "clean priced" fund units available (and even before that I'd been making use of a trail-...
1
vote
1answer
61 views

What are the costs to maintain an Inc? [closed]

I am wanting to form an Inc for an internet website like Facebook or Twitter and I am running it out of my home for now. I would want to register my startup in the state of Delaware and I am in ...
1
vote
0answers
55 views

Do no-balance-transfer-fee credit cards make exceptions in their special offers?

I have a wide array of credit cards that I use to maximize rewards. Every now and then I get an offer in the mail from one of the cards I haven't used in a while, offering 0% APR on balance transfers ...
0
votes
1answer
82 views

How much does it cost for a eviction lawsuit in Mumbai?

I have a tenant who is refusing to leave. He has not paid any rent. How much will it cost to evict this tenant? How much can i expect an attorney to charge me for court proceedings and how much will ...
1
vote
1answer
47 views

What kinds of charges/fees are there for NRI Home Loan from SBI?

I have questions regarding Home Loan that I am taking from SBI. When we(my spouse and I) initially went to the bank, the SBI, the NRI Branch manager told us about all the procedures for an NRI Home ...
0
votes
0answers
35 views

UK funds charges and how often interest is credited

I have two questions regarding funds in the UK. When I read a return p.a. of a fund in the UK from a website such as trustnet.com, do I have to calculate the return minus ongoing charges (OC) to ...
5
votes
1answer
143 views

Cash Advance causes recurring interest fee after paid in full

In January I made a cash advance of $110 with my credit card. In Februaury, I paid off January's balance (+$10 cash advance fee +$1.82 cash advance interest) in full by the statement due date. This ...
1
vote
0answers
66 views

How to avoid fees on 401k account when employer owes funds

My previous employer did not deposit 401k funds that were taken out of my paycheck over a 5 month period. I have left the company and I am fighting at get that money paid, with the help of the EBSA. ...
5
votes
1answer
110 views

How do ETF fees get applied?

I'm reading the prospectus for an ETF I've recently purchased. It states: fees paid directly from your investment I understand how this works for the OCF. However, there are 3 further fees for ...
4
votes
2answers
99 views

What leverage do I have to negogiate reduced overdraft fees?

Through a comedy of errors involving other financial institution, my checking account at a credit union went negative, and I was charged $200 in overdraft fees. I don't think I'm responsible for the ...
4
votes
2answers
206 views

Can My Employer Charge Me a Fee to Get a Mailed Check Instead of Direct Deposit?

I have preferred to receive paper checks instead of direct deposit, as I find it easier to keep track of. However, my employer has now announced that there will be a (quite large) fee associated with ...
4
votes
2answers
116 views

How to account for a customer-imposed processing fee?

I am a sole proprietor. I invoice a client monthly. They pay the invoiced amount, less $20, which is a charge back to me for a processing fee. How do I account for this on my tax return/accounting ...
1
vote
2answers
93 views

When are stock trade fees deducted?

When you buy or sell stock with an online broker when are the trading fees (approx. $7 or $10) deducted from your available balance? Is it when the order is placed? At the end of the month?
1
vote
1answer
49 views

Does MER of a given product (say ETF) ever go down?

If I buy a new product with relatively high Management Expense Ratio (MER), can that MER be theoretically/technically reduced in the future, for example when the product gains more and more popularity?...
-1
votes
1answer
57 views

Ongoing Automatic Investment Fee

When a DRIP plan says "Ongoing Automatic Investment Fee", is that the amount of money they take every month? In the case of Hershey's DRIP, it says it's $2. Does that mean if someone invests $50 a ...
0
votes
1answer
121 views

What are overnight fees? [duplicate]

I am using Etoro to trade US stocks and they charge overnight fees. However, nowhere can I find a definition of what an overnight fee in the context of stock broking is. Their Terms & Conditions ...
0
votes
2answers
78 views

How do booking agencies avoid credit card fees [closed]

I am curios about the following situation. Let’s say I have a website where people can book flights. They pay us with their credit card, and we are buying a flight ticket for them a few days later. ...
0
votes
1answer
80 views

Opening a Roth IRA account, what is the fee structure for Vanguard, Scottrade and TIAA-CREF

My wife and I recently came into money (i.e. I just got a job!). We are looking to open Roth IRA accounts for the two of us. We currently have a brokerage account at Scottrade and my employer ...
3
votes
2answers
68 views

Does a mutual fund's return include fees?

If a mutual fund's published YTD return is 3%, and it has an up-front sales charge of 5% and a 12b1 fee of 2%, are these fees included in the YTD return, or would the "real" return be 3%-5%-2% = -4%?
16
votes
4answers
2k views

Why do banks insist on allowing transactions without sufficient funds?

Specifically, to a checking account. I have not heard of, in a long time, any bank that will simply decline a charge if there isn't sufficient money. Either by default or even at the customer's ...
0
votes
1answer
48 views

Debt management lawyer?

Is there such a thing as a debt management lawyer? I've got delinquent debts. I've got more than enough money to pay off all debts. I want to systematically look over each debt statement (fees, etc) ...
2
votes
3answers
190 views

First 401K portfolio with high expense ratios - which funds to pick? (24yo)

Just got my first 401K at work through Mass Mutual. I have 17 options to choose from. I don’t think we have index funds, and most funds have high expenses between 0.75-1.66%. So I decided to care ...
1
vote
2answers
531 views

Are 'per trade' fees charged on every order or just once per stock?

As someone relatively new to stocks, I understand that stock brokers charge commissions: usually either per share or per trade. In general, are commissions taken every time you place any order (...
4
votes
3answers
166 views

Getting my first credit card - do UK companies have a fixed charge for owning a credit card?

I am looking to take out my first credit card to assist in the improvement of my credit score. I have been hunting around card offers online, and have found some I am willing to give a try. The top ...
-2
votes
1answer
119 views

Do those who invest large amounts of money in stocks pay typical brokerage commissions?

I actually invested $2000 in stocks, and paid brokerage fees of 0.5% to the broker on both sides (buy & bell) or approximately $22.50 ($10 + $12.50 in commissions after a gain of $500). So my ...
6
votes
1answer
144 views

What would make a Centurion Card's fees financially worthwhile?

The AMEX Centurion card has annual fees of, depending on the country, up to the equivalent of 5402USD for Taiwan. There are also one-time joining fees of up to 7500USD. Now these anodised titanium ...
0
votes
1answer
130 views

How to avoid maintenance fee when balance drops below minimum?

Looking for a way to, in the event of a purchase dropping my balance below the minimum daily balance (MDB) with no way to bring it above the MDB before the end of the day, make 6 point of sale (POS) ...
1
vote
1answer
80 views

Are Australian mutual fund fees large compared to US?

I've lived in the US and have mutual funds through vanguard where the management fee is around 0.2% (see link). I've moved to Australia, and I'm looking at fees of almost 1% (see link). Why is this? ...
1
vote
1answer
84 views

Fees and delays in getting physical stock

If I buy shares from a certain US stock broker, what are on average the fees and delays to get the physical stock upon request? If the prices do not have a clear average, which US based broker has ...
6
votes
1answer
255 views

Am I responsible for an annual fee on a credit card I never picked up?

I just received a bill for a VISA card at a bank where I'm not a customer. There is just one charge on the card and it is for an annual fee of $120. The card is not actually made out to my name, but ...
5
votes
2answers
346 views

Why are credit card late fees and returned payment fees changing to $27 / 38?

In a short period of time, I've seen multiple major US banks change the terms on their credit cards to set the returned payment fee and late fee each at $27 for the first offense in a six-month period ...
2
votes
1answer
127 views

Individual Client or Customer fining or charging a Company a penalty fee

What's the primary factor keeping a consumer from handing out fees as liberally as corporations or small businesses do? Can an individual, or more appropriately, what keeps an individual from being ...
1
vote
1answer
246 views

Does investing in index funds on a monthly basis involve brokerage fees?

Let's say i want to invest in some index funds, and i know which ones to go for. Let's say i can also make the initial required minimum investment. My question is, will an automatic investment plan ...
1
vote
0answers
61 views

UK fee-free foreign transfer to own account

I have a bank account in the UK and in The Netherlands. Transferring money from my UK to my Dutch bank account costs £25 with my current bank and most other banks have similar fees. The Money saving ...
0
votes
1answer
198 views

How soon in advance to cancel a credit card to avoid the annual fee?

Last year I applied for a credit card (Delta Gold Amex) in order to get 50K bonus miles with the first year annual fee waived. I'm about to cash in the miles and I have never paid a dime in interest. ...
5
votes
1answer
161 views

Rental Application Fees

I've been trying to find a new apartment. Each application I've submitted cost between $20-$35 and I've yet to find a new place. A lot of these places have me just write out a check which I never see ...
-1
votes
1answer
97 views

Why would an ETF rebate part of its management fee, rather than reduce it before?

[Moneysense.ca:] For taxable accounts, the Horizons S&P/TSX 60 Index ETF (HXT) is back from last year and should appeal to investors who focus on large-cap stocks. But the main reason for holding ...
0
votes
0answers
99 views

Transfer shares to avoid brokerage fees

I like Fidelity better than Vanguard in regards to web interface and customer service. Vanguard has better funds for the way I wish to invest. Since I plan to invest in a dollar/cost averaging manner ...
3
votes
4answers
1k views

Do I need to insure a large check when sending via mail?

My girlfriend has a bank account that is on hold because of a stolen debit card number. She recently signed a contract for 90k but has the first check in my name for 60k. She is stuck in London for a ...
33
votes
1answer
4k views

How does Fidelity make money off me?

I have an IRA account with Fidelity which I use to buy a handful of Fidelity mutual funds. Since they are Fidelity mutual funds, Fidelity does not charge commission on them. So how then does ...
2
votes
1answer
322 views

Pros and cons of different methods to transfer money from India to the U.S.?

I live in India, and I'd like to transfer money to a friend in the U.S., to settle a debt. Which of the following options work well: Give a rupee-denominated cheque. This would be denominated in ...
0
votes
1answer
88 views

Does an online business selling across the USA would need to file for foreign qualification in each state?

I have been looking at the rules for an all online transactional company. If I make sales in all US states, do I need to file for foreign qualification if I have a Nevada LLC?
0
votes
2answers
3k views

When do you pay the annual fee for a credit card?

This may seem like an obvious question but there seems to be no other resource online explicitly explaining this. Say I have a credit card with an annual fee of $X. Do I pay $X when I apply for the ...
1
vote
2answers
105 views

Investment partition for German student

Currently I am a student and planning to finish in about 6 month. At the moment I have a monthly income between 1000 EUR and 2000 EUR and are saving about 70% of it. I have savings of about 52k EUR ...