Similar Stories to Why Banks Are Eliminating Overdraft Fees on Bing News

Chanelle Bessette, NerdWallet.com
Fri, 01/28/2022 - 4:20pm

The average overdraft fee costs consumers $35 per infraction, which makes it an inconvenient and frustrating part of day-to-day banking for many people. But some major banks — Capital One, Bank of America, Truist, U.S. Bank and Wells Fargo — have made recent moves to reduce or eliminate overdraft fees for their customers.

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