Bank of Ameerica says Bye-bye to Overdraft Fees

You saw it here first. Bank of America charging ridiculous overdraft fees when customers actually had money in their accounts.

Today Bank of America announced no more overdraft fees (effective this summer). Here’s how it will work: If you don’t have the money in your account, you can’t use your debit card. Wow! What a concept.

It’s plastic, but it’s not magic, folks!

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