The major U.S. bank will cut overdraft fees from $35 to $10 after pressure from consumer advocacy groups.Bank of America announced Tuesday that it will slash overdraft fees -- the fines consumers pay when they make a purchase with their debit card but don't have enough money in their account -- from $35 to $10 starting this May.
In addition to reducing overdraft fees, Bank of America also announced Tuesday that it was entirely eliminating"non-sufficient funds fees," or the charges for a rejected transaction or bounced check. Other major financial institutions including JP Morgan Chase and Capital One have cut or eliminated these fees that can seemingly catch customers by surprise at times, when something they think they are purchasing for only a few dollars can end up being closer to $40.
I pay my hos with Bitcoin
Or you can just get a bank with zero overdraft fees , that works to 🤣 there are so many
Wish Wells Fargo would. It’s my money , they didn’t cover me !
Bank of America is the McDonald's of McBanking. Support a community credit union for fewer fees.
Bank of America needs those overdraft fees to help fund “diversity training” for their employees.
BankofAmerica dropping fees and becoming positive on crypto? Now there’s a move in the right direction!!
'You will show the whole world what is my real Islam which I implemented 1400 years ago with the help of Allah, i said Yes InshAllah whatever You command'- From Muhammad Qasim's Dreams. Many people are claiming he is the awaited Imam Al-Mahdi.
Right direction, not quite far enough
There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about Michael90078 it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done.
How about 24 hr grace period to cover it?
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