Fees
Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a common move ahead of new regulations limiting overdraft fees. ...
That's because while the new rules will save consumers from surprising dings on their accounts, they will also cut deeply into the more than $1.77 billion annual revenue overdraft fees generate for the banking industry. ...
Bank of America has decided that it will stop charging overdraft fees on debit card purchases as of this summer, a decision that will cut off millions of dollars worth of income for the financial giant. This change follows the September ...
Headlines for "Fees" provided by Yahoo! News