Most of the time taking step to reduce fee is a little something to change that make save money easily and fast.

Reduce fee

Debit card

it's a small fee it's not important. Sometimes it's true, but recurring one are a big problem. If you pay interact fee of 0.30$ for an Interact transaction every working day to pay your coffee and breakfast. You then spend nearly 80$ annually. If you do so for lunch and 1 more for accommodation then it’s 250$ per year. Some will say it’s in my package, yes how much your package to have the 60-80 extra transactions/month compare to the smaller one, probably 15-20$, then you pay for it also

What can I do?

To reduce fee use cash for small amount(less then 10$, possibly less then 20$), for bigger use debit card or credit card.

One tips to reduce fee would be to switch most if not all debit card expense to a credit card that you pay in full at the end of the billing cycle. This has 2 advantage, you pay no fee on credit card. Debit card fraud is directly in your account, credit card it's only when you pay and can oppose an illegitimate transaction and will not have to pay for it.

If you don't want to use cash for small amount and go to place that have prepaid card, this can be an interesting option

Credit card

Many way exist to reduce fee that you pay. If you have a continual balance (that I suggest to handle via other method less expensive like a credit line). You should pay a little extra to have it with reduce interest usually in the range of 20$ for something like 7% interest less (18.5 to 11.5)). Then if you have an average carried balance of 300$ you will save 1$ if 2000$ you save 120$

Pay each month all the balance. You will get interest free for your month purchase

No fee card, most bank offer nod fee credit card and more and more with rewards. Why pay for a credit card, unlees you really use the service you pay for, most poeple don't. reduce your fee change to a no fee credit card

Bank account

All bank account are not so friendly for fee. Most base account offered are in fact very expensive on fee and the associate package too. Shop around you can probably find way to have a no fee account or reduce fee for banking

Package

The fabulous package for you. Is it really for you or for you to pay to them? Why pay for 50 transactions if you make only 15. Check that your package fits your usual habit and possibly verify if a smaller package with some extra transaction don't fit better ex: you have a package of 50 for 12$ and make only 15. You can be a lot better serve by a 10 transaction at 3$ + 5 transactions at 0.60$

No fee account

No fee account for banking are one of the best way to reduce fee and one of the secret of the banks

No fee account, yes they exist, usually they are not the first the bank will show you to choose from, but for many can be an alternative. Some require having a minimum balance, with the actual interest rate 1000$ sleeping to get no fee is probably a better saving then the saving account at 0.25%. In fact this money can be part of your emergency fund

On Canada market one no fee account usually comes with home equity line of credit. Usually it comes for most institution as a no fee account for debit and online transaction

Investing

ETF Funds

ETF funds are a great way to reduce fee. Those funds are following an index and have usually very small commission.

Online broker

Online broker cost a reduce fee compare to a regular broker. Why because they mostly offer only execution of trade. A regular broker offer advice and help, but charge fee for it. But sometimes it's better pay for advice and not loose money then reduce fee and lost more because you makes mistakes

If you know what your doing and need no advice use your Online broker account and reduce fee. This is especially valuable if you buy ETF that are long term investment that comes with reduce fee for administration. Reduce fee on buy and sell just give a better return