Banks haven't reaped their massive profits  without tapping into fee income - it's always been front and center in their revenue strategy. And Canadian banks are among the worst offenders. Between overdraft fees up to $30 or more, ATM fees as high as $5, and myriad other nickel-and-dime charges, bank fees can turn into a massive cash drain. With many banks offering features like extensive ATM networks, ATM fee reimbursement, and low-cost overdraft protection, there's no need to spend a fortune just to have a chequing account.