2 banks change rules on overdraft fees (in a good way)

Courtesy Digg - Business & Finance  Fri, 09/25/2009 - 03:00

Here's a small victory for consumers:Bank of America and JPMorgan Chase are planning to overhaul their debit card programs, changing the way they credit transactions and allowing customers to opt out of overdraft protection.


 

Related items

The Fed bans overdraft fees on ATM and debit-card...
Flexing newfound muscle as consumer protector, the Federal Reserve today banned overdraft fees on automated teller machine and debit-card transactions unless consumers have actively opted for...

Bank of America, JPMorgan overhaul overdraft fees
As lawmakers prepare to implement sweeping credit card reforms, Bank of America Corp. and JPMorgan Chase & Co. are moving to overhaul overdraft fees and practices that have been criticized...

JPMorgan Earnings Fall 23% In Challenging Fourth...
The parade of earnings from U.S. bank started Friday morning, with a decline in net income reported by JPMorgan Chase .

Samsung SCX-4200 3-in-1 True Multifunction Printer
The SCX-4200 Digital Productivity Center is a low cost black and white laser printer, delivering 3 in 1 true multifunction performance with professional laser output.Keep your valuable real...

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com