By Paul R. La Monica, CNN Business Fees for bounced checks or lacking enough money in your account could soon be a thing of the past. Bank of America is the latest major financial institution to announce that it is ending fees for insufficient funds. It also plans to cut overdraft fees from $35 to
Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
One of the nation's biggest banks says it will stop charging overdraft fees to all of its customers. These hefty fees hit people with low incomes the hardest. More banks could follow suit.
Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.
Starting in May, BofA will cut the fee it charges customers to overdraft and eliminate fees for bounced checks. The bank is also eliminating two smaller fees as well.
NEW YORK -- Bank of America, the second-largest U.S. bank, said on Tuesday it would reduce overdraft fees from $35 to $10 beginning in May, the latest bank to reduce
Bank of America (BofA) will decrease the amount it charges customers for spending more than they have in their accounts and will eliminate charges for bounced checks,
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$35 overdraft fees are finished at Bank of America | Since Then
