Ellen K Morning Show

Ellen K Morning Show

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Bank of America Has New Overdraft Fees

Bank of America just announced it’s slashing overdraft fees, from $35 dollars down to $10! The changes come in the wake of pressure from consumer advocacy groups, who claim the charges ONLY impact low-income Americans. In addition, Bank of America will also entirely get rid of “NSF fees” – those charges for a bounced check. The new policy takes effect in May.

Are you willing to switch banks?


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