Just Say No to Overdraft Fees: How to “Opt-Out”

Just Say No to Overdraft Fees: How to “Opt-Out”

Everybody seems to hate overdraft fees. Over the last few months, we have seen thousands of consumer complaints about this “service,” in which banks offer you the ability to withdraw more money than is available in your account, for a fee.  

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Chase and Bank of America Offer Relief from Overdraft Fees

Chase and Bank of America Offer Relief from Overdraft Fees

Finally, a little breathing room for consumers who are reaching the bottom of their checking accounts.  

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U.S. banks will gather a record of $38.5 billion in overdraft fees

U.S. banks will gather a record of $38.5 billion in overdraft fees

As the recession plummets upon us, we would hope that the government and financial services, such as banks, would do all that they can to help ease the clamor and chaos. Depending on your bank and credit score, you just may be one of the few rescued from overdraft fees, or someone continually traumatized by them.

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