Jamesb101.com

commentary on Politics and a little bit of everything else

The banks are listening…..they are dropping some overdraft fee’s and offering better debit card fee’s

Back on September 9th I wrote a post on how the banks are making money on over draft fee’s and such……well a guess the bankers can read…because after a few pieces on the overdraft problems in the media….the  Bank of America, JPMorgan Chase, and now Wells Fargo, are going to readjust their fee structure for debit cards, and offer customers the option of not having overdraft protection……

Those Banks will also eliminate fee’s for accounts overdrawn by as little as $5 to $10, or less……….While that is good news …one wonders where they are going to make up the lost revenue?

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September 24, 2009 - Posted by | Other Things, Politics | , , , , ,

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