Hidden fees are nickel-and-diming you out of your savings

Jun 20, 2019, 3:13 PM | Updated: Oct 4, 2019, 10:43 am
hidden fees...
Consumer Reports says hidden fees can cost the average family thousands of dollars every year. Photo: Getty Images

This $1,000 Challenge about hidden fees is Presented by Zip Mortgage powered by Zions Bank. Visit *Loans subject to credit approval; terms and conditions apply. A division of Zions Bancorporation, N.A. Member FDIC.  Equal Housing Lender. NMLS# 467014.

Ah. Hidden fees. Wouldn’t it be nice, when you’re booking a hotel or a flight or buying concert tickets, if the price you’re seeing on the screen was the actual price you paid?

According to a survey conducted by Consumer Reports, 85% of Americans have encountered unexpected or hidden fees in the last two years. Of those, two-thirds of them say they’re paying more now than they were five years ago, and nearly everyone (96%) found the hidden fees infuriating.

Fighting back against hidden fees

Anna Laitin, the director of financial policy at Consumer Reports, says the magazine is trying to build a movement to fight back against these hidden fees and is asking for help from the public to make that happen. They are looking for people to submit the details of the hidden fees that they have encountered.

The website was created to gain a firmer handle on what is going on with hidden fees and find out how prevalent they really are.

[socialpoll id=”2555239″]

Congress has enacted legislation that mandates mandatory fees on airlines be listed in the final price, but Laitin says companies can still add in other fees dealing with things like baggage, late, or seating fees.

Laitin advises people who encounter hidden fees to try to appeal. 3 out of every 10 people in the Consumer Reports survey said they fought back against a hidden fee. Of those, two-thirds said their fight was successful.

Another tip, according to Laitin, is to review your statements periodically — even if you have set up automatic bill-pay. That way, if an unexpected fee has crept into your account, you’ll be more likely to spot it and be in a better position to question it.

Reviewing your bills for hidden fees can be an easy way to get a handle on where your money is going. You could even take the money you’re saving by reducing those fees and set it aside to build up your emergency fund as part of the $1,000 Challenge.

The $1,000 Challenge

Join our secret $1,000 Challenge Facebook group, where you can share your progress toward $1,000 in savings, get tips from others, and share tips of your own.


Dave & Dujanovic can be heard weekdays from 9 a.m. to noon on KSL Newsradio. Users can find the show on the KSL Newsradio website and app, as well as Apple Podcasts and Google Play.

Click here for official contest rules.

affordable care act

Today’s Top Stories

All News

Milcreek hoist...
Devin Oldroyd

Paragliding crash in Milcreek leaves on in critical condition

Unified Fire Authority hoisted the paraglider off Grandeur Peak mountain Sunday. They have been transported to the University of Utah Hospital.
16 hours ago
First Lady Utah vaccine mandate...
Priscilla Alvarez, CNN

Biden touts climate package at Global Citizen Festival

President Joe Biden and first lady Jill Biden addressed the Global Citizen Festival early Sunday, underscoring the administration's commitment to climate action
16 hours ago
(Photo courtesy of Salt_Verse on Twitter)...
Rachel Metz, CNN Business

This guy is using AI to make movies — and you can help decide what happens next

"Salt" resembles many science-fiction films from the '70s and early '80s. The way it was created points to what could be a new frontier for making movies.
16 hours ago
The short range missile was fired early Sunday morning local time from the Taechon area of North Py...
Yoonjung Seo, Junko Ogura and Larry Register, CNN

North Korea fires ballistic missile into waters off east coast of Korean peninsula

North Korea has fired a ballistic missile into the waters off the east coast of the Korean peninsula, according to officials in both South Korea and Japan.
2 days ago
Anderson was arrested the morning of Sept. 24, 2022, by West Valley Police on felony child sexual a...
Waverly Golden

First grade teacher in Magna arrested on felony child sexual abuse charges

Elk Run Elementary first grade teacher Dale Anderson was arrested this morning on felony child sexual abuse charges.
2 days ago
The Nephi City Police said in a Facebook post that a man was luring children to his vehicle yesterd...
Waverly Golden

Be on lookout for suspicious vehicle in Nephi

The Nephi City Police said in a Facebook post that a man was luring children to his vehicle yesterday afternoon.
2 days ago

Sponsored Articles

a worker with a drill in an orange helmet installs a door in the house...
Price's Guaranteed Doors

Home improvement tip: Increase the value of your home by weatherproofing doors

Make sure your home is comfortable before the winter! Seasonal maintenance keeps your home up to date. Read our tips on weatherproofing doors.
Curb Appeal...
Price's Guaranteed Doors

How to have the best of both worlds for your house | Home security and curb appeal

Protect your home and improve its curb appeal with the latest security solutions like beautiful garage doors and increased security systems.
A paper reading IRS, internal revenue service is pictured...
Jordan Wilcox

The best strategies for dealing with IRS tax harassment | You have options!

Learn how to deal with IRS tax harassment. This guide will teach you how to stop IRS phone calls and letters, and how to handle an IRS audit.
spend a day at Bear Lake...
Bear Lake Convention and Visitors Bureau

You’ll love spending the day at Bear Lake | How to spend a day at Bear Lake

Bear Lake is a place that needs to be experienced. Spend a day at Bear Lake.
Prescription opioids can be disposed of during National Prescription Take Back Day...
Know Your Script

Prescription opioid misuse | How to protect your family from the opioid epidemic

Studies have shown that prescription opioid misuse has increased since COVID-19. So what do you need to know about these opioids?
national heart month...
Intermountain Healthcare

National Heart Month: 5 Lifestyle Changes to Make Today to Keep You Heart Healthy

Heart disease is the leading cause of death for both men and women. One person dies every 36 seconds in the United States from cardiovascular disease
Hidden fees are nickel-and-diming you out of your savings