What Is “PAPER STATEMENT FEE” on My Bank Statement?

Short answer: it's Paper Statement Fee charging you $2–$5/mo.

⚡ Quick Answer
Charge:PAPER STATEMENT FEE
Service:Paper Statement Fee
Amount:$2–$5/mo/mo
Category:banking
Legitimate:✅ Yes (if you signed up)

Also Appears As

STATEMENT FEEPAPER STMT FEEMAILED STATEMENT FEE

Why Am I Being Charged?

Banks charge $2-5/month to mail you paper statements instead of going paperless. That's $24-60/year for something you can get free online.

Common Reasons for This Charge:

How to Cancel Paper Statement Fee

Log into your bank's website → Settings → Statement Delivery → Switch to Electronic/Paperless. The fee stops immediately. You can still download and print PDF statements anytime.

Don't Recognize This Charge?

Switch to paperless, then call and ask for a retroactive credit on past paper statement fees. Most banks will credit at least a few months.

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Similar Mystery Charges

POS DEBITPoint-of-Sale Debit TransactionACH DEBITACH Electronic DebitRECURRING PAYMENTRecurring/Automatic PaymentINTL PURCHASE TRANSACTION FEEInternational Transaction Fee

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