Have you ever made a $20 purchase with a debit card and ended up shelling out $50 because you forgot you didn’t have enough money in your account? If you did have to fork over an additional $30 to pay that dreaded overdraft fee, you’re actually a little bit fortunate. That’s because a new study… Continue reading Get Financially Fit by Avoiding Rising Overdraft and ATM Fees
Tag: overdraft fees
Reports Show Bank Customers Need More Protection From Debit Card Overdraft Fees
A report released this week by the Consumer Financial Protection Bureau shows bank customers need more protection from debit card overdraft fees. The report focuses on overdraft fees banks charge customers when they overdraw their checking account with a debit or ATM card. Before mid-2010, when customers didn’t have enough money on their checking account… Continue reading Reports Show Bank Customers Need More Protection From Debit Card Overdraft Fees