[JASPREET]

Many people may not be aware of this, but it is possible to negotiate with your bank regarding maintenance charges. In many cases, banks can consider lowering or even exempting the charges if they are satisfied with the reasons you provide.

So, don't assume that banks won't be flexible — they often are. In fact, many private banks, in particular, offer various ways to compensate you for extra charges you might have incurred during a certain period.

It's always worth discussing your situation with your bank to see if adjustments can be made.

[Fergal]

That's a good tip, thanks JASPREET. I know from personal experience that banks are indeed open to negotiating their fees and that it makes sense not to just accept what they charge us on every statement.

[JASPREET]

That's a good tip, thanks JASPREET. I know from personal experience that banks are indeed open to negotiating their fees and that it makes sense not to just accept what they charge us on every statement.

I agree and some of the banks are so good that their main aim is to make their customers happy and don't mind going beyond

[Tendz]

It's often overlooked that customers have the power to negotiate with their banks regarding maintenance charges. Many banks do appreciate proactive communication and may be willing to help, specially if you’ve been a loyal customer.

[JASPREET]

That also depends on the customer care executive taking the call because many times if they are not interested then you won't get anything in the negotiation

[augusta]

This would be very helpful if bsnks here would agree to this I have never tried this though but it can help us save money

[JASPREET]

We should try, its not full proof and they may not agree but there is no issue in trying and they may consider reducing or waving

[Kalayla]

Only big customers in banks can have the privilege to do that. People that are not rich gets charged whatever the bank wishes.

[JASPREET]

I like to disagree with you because you should try and the bank may allow but if one is a already a defaulter then we cannot expect this

[augusta]

We should try, its not full proof and they may not agree but there is no issue in trying and they may consider reducing or waving

That's right we just have try it out first and find out if it would work first. But I have never heard about this here