Bank Fee Watch: No More Free Checking?





When Bank of America eliminated announced it was eliminating debit card overdraft fees, people observers were puzzled. Why would BoA give up such a bulky money-making scheme entirely, rather than simply tweak it to be~ into line with new regulations regarding overdraft protection and fees, like ~ numerous other banks are doing? And, more importantly, what kind of starting a~ fees would BoA try to push onto consumers to make up on the side of the cash it wouldn’t be pulling … Read More

via It’s Your Money









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