"Excessive fees" refers to charges or payments that are much higher than what is considered reasonable or fair. It means that the fees are too high and beyond what is appropriate or necessary for the product or service provided. Full definition
After year of being charged excessive fees hidden by mutual funds stock brokers and banks, I had become very weary of fees. (lendacademy.com)
You can manage your expenses and income and analyze your portfolios for excessive fees too. (financialsamurai.com)
Paying excessive fees for a mutual fund is like having a slow leak in your retirement savings, draining money that should be filling up your account. (interest.com)