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Bank of America Eliminates Debit Card Overdraft Fees

March 10, 2010 by  
Filed under Miscellaneous

Everyone with Bank of America (or probably any bank) can know how frustrating it can be when you use your debit card and receive a $35 overdraft fee for “not having” sufficient funds in your account.  If the “pending” transactions or the transactions were processed in the order they were purchased in, most of us would never have any overdraft fees.  Well, starting yesterday, Bank of America eliminated their overdraft fee and now any purchases made to a debit card without enough money in the account will simply be rejected.  Debit card users can now rejoice!

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